Dean Capital Investments Management LLC purchased a new position in National Instruments Corp (NASDAQ:NATI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,799 shares of the technology company’s stock, valued at approximately $283,000.

Other institutional investors also recently bought and sold shares of the company. Zions Bancorporation purchased a new stake in shares of National Instruments in the 3rd quarter worth approximately $129,000. Westwood Holdings Group Inc. purchased a new stake in shares of National Instruments in the 2nd quarter worth approximately $139,000. JPMorgan Chase & Co. grew its stake in shares of National Instruments by 44.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,028 shares of the technology company’s stock worth $169,000 after buying an additional 1,241 shares during the last quarter. Magnetar Financial LLC purchased a new stake in shares of National Instruments in the 3rd quarter worth approximately $204,000. Finally, Jane Street Group LLC purchased a new stake in shares of National Instruments in the 3rd quarter worth approximately $248,000. Institutional investors own 78.24% of the company’s stock.

Several equities analysts recently issued reports on NATI shares. Zacks Investment Research raised National Instruments from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Thursday, December 28th. BidaskClub cut National Instruments from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 16th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $46.00 price objective on shares of National Instruments in a research report on Sunday, October 29th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of National Instruments in a research report on Wednesday, January 31st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $46.67.

National Instruments Corp (NASDAQ NATI) opened at $50.12 on Monday. The stock has a market capitalization of $6,552.94, a P/E ratio of 125.30 and a beta of 1.03. National Instruments Corp has a 12-month low of $30.56 and a 12-month high of $50.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.32 and a quick ratio of 2.53.

National Instruments (NASDAQ:NATI) last released its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. The business had revenue of $349.80 million for the quarter, compared to analysts’ expectations of $347.38 million. National Instruments had a return on equity of 10.76% and a net margin of 4.06%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 EPS. equities analysts anticipate that National Instruments Corp will post 1.19 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, March 5th. Stockholders of record on Monday, February 12th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.84%. This is a boost from National Instruments’s previous quarterly dividend of $0.21. The ex-dividend date is Friday, February 9th. National Instruments’s dividend payout ratio is presently 210.01%.

In other news, insider John Charles Roiko sold 1,846 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $50.27, for a total transaction of $92,798.42. Following the transaction, the insider now directly owns 16,207 shares of the company’s stock, valued at approximately $814,725.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey L. Kodosky sold 1,600 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $43.77, for a total value of $70,032.00. Following the transaction, the director now directly owns 8,270,037 shares in the company, valued at $361,979,519.49. The disclosure for this sale can be found here. Insiders have sold a total of 69,535 shares of company stock worth $3,051,458 over the last three months. Insiders own 9.92% of the company’s stock.

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About National Instruments

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers a line of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching.

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Institutional Ownership by Quarter for National Instruments (NASDAQ:NATI)

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