Nam Tai Property Inc. (NTP) Posts Earnings Results

Nam Tai Property Inc. (NYSE:NTP) announced its quarterly earnings results on Monday, July 31st. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, Morningstar.com reports. Nam Tai Property had a negative net margin of 112.71% and a negative return on equity of 1.09%. The company had revenue of $0.54 million during the quarter.

Shares of Nam Tai Property (NTP) opened at 10.25 on Friday. The company’s market capitalization is $374.89 million. Nam Tai Property has a 52-week low of $6.79 and a 52-week high of $10.45. The company has a 50-day moving average of $9.62 and a 200 day moving average of $8.11.

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Several large investors have recently bought and sold shares of NTP. Kahn Brothers Group Inc. DE boosted its stake in Nam Tai Property by 3.3% in the second quarter. Kahn Brothers Group Inc. DE now owns 1,979,060 shares of the electronics maker’s stock worth $15,832,000 after buying an additional 63,800 shares during the last quarter. Vanguard Group Inc. boosted its stake in Nam Tai Property by 17.2% in the second quarter. Vanguard Group Inc. now owns 114,213 shares of the electronics maker’s stock worth $914,000 after buying an additional 16,747 shares during the last quarter. Finally, State Street Corp boosted its stake in Nam Tai Property by 0.6% in the second quarter. State Street Corp now owns 23,578 shares of the electronics maker’s stock worth $188,000 after buying an additional 141 shares during the last quarter. Institutional investors own 30.65% of the company’s stock.

Nam Tai Property Company Profile

Nam Tai Property Inc is a holding company. The Company is a property development and management company. The Company focuses on redevelopment of on two parcels of land in Gushu and Guangming, Shenzhen, China, into high-end commercial complexes. Its property development project in Guangming, Shenzhen, is named as Namtai Inno Park, and its property development project in Gushu, Shenzhen, is named as Namtai Inno City.

Earnings History for Nam Tai Property (NYSE:NTP)

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