Morgan Dempsey Capital Management LLC Has $2.12 Million Stake in National Presto Industries, Inc. (NPK)

Morgan Dempsey Capital Management LLC reduced its stake in shares of National Presto Industries, Inc. (NYSE:NPK) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,170 shares of the conglomerate’s stock after selling 524 shares during the period. Morgan Dempsey Capital Management LLC owned about 0.28% of National Presto Industries worth $2,118,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Bowling Portfolio Management LLC bought a new stake in shares of National Presto Industries during the second quarter valued at approximately $1,544,000. Algert Global LLC acquired a new position in shares of National Presto Industries during the second quarter valued at about $742,000. Russell Investments Group Ltd. increased its position in shares of National Presto Industries by 34.7% in the second quarter. Russell Investments Group Ltd. now owns 11,225 shares of the conglomerate’s stock valued at $1,240,000 after buying an additional 2,894 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of National Presto Industries during the second quarter valued at about $220,000. Finally, Great West Life Assurance Co. Can increased its position in shares of National Presto Industries by 7.7% in the second quarter. Great West Life Assurance Co. Can now owns 6,956 shares of the conglomerate’s stock valued at $768,000 after buying an additional 500 shares during the last quarter. 53.82% of the stock is currently owned by institutional investors and hedge funds.

National Presto Industries, Inc. (NYSE:NPK) traded down 2.60% during midday trading on Friday, hitting $99.20. The stock had a trading volume of 44,583 shares. National Presto Industries, Inc. has a 52 week low of $83.53 and a 52 week high of $114.70. The company has a market capitalization of $690.93 million, a PE ratio of 12.16 and a beta of 0.44. The company’s 50-day moving average price is $110.22 and its 200 day moving average price is $105.57.

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Separately, BidaskClub upgraded National Presto Industries from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st.

National Presto Industries Company Profile

National Presto Industries, Inc operates through two business segments: the Housewares/Small Appliance segment and the Defense segment. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics and comfort appliances.

Institutional Ownership by Quarter for National Presto Industries (NYSE:NPK)

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