Rhumbline Advisers decreased its stake in National Presto Industries, Inc. (NYSE:NPK) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,525 shares of the conglomerate’s stock after selling 226 shares during the period. Rhumbline Advisers owned approximately 0.15% of National Presto Industries worth $1,163,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in NPK. Bowling Portfolio Management LLC acquired a new stake in shares of National Presto Industries in the second quarter valued at about $1,544,000. Schwab Charles Investment Management Inc. lifted its stake in shares of National Presto Industries by 28.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 43,357 shares of the conglomerate’s stock valued at $4,791,000 after purchasing an additional 9,648 shares during the period. Algert Global LLC acquired a new stake in shares of National Presto Industries in the second quarter valued at about $742,000. Russell Investments Group Ltd. lifted its stake 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 purchasing an additional 2,894 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of National Presto Industries in the second quarter valued at about $220,000. Hedge funds and other institutional investors own 54.20% of the company’s stock.

National Presto Industries, Inc. (NPK) opened at 102.65 on Friday. National Presto Industries, Inc. has a 12 month low of $83.53 and a 12 month high of $114.70. The firm has a market cap of $714.96 million, a PE ratio of 12.58 and a beta of 0.45. The firm’s 50-day moving average is $102.75 and its 200-day moving average is $104.48.

COPYRIGHT VIOLATION NOTICE: This news story was first published by Watch List News and is the property of of Watch List News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/national-presto-industries-inc-npk-position-lowered-by-rhumbline-advisers/1581698.html.

Separately, BidaskClub cut shares of National Presto Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 9th.

About National Presto Industries

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)

Receive News & Ratings for National Presto Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Presto Industries Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.