IFC Holdings Incorporated FL decreased its stake in shares of National Presto Industries Inc. (NYSE:NPK) by 16.0% during the second quarter, Holdings Channel reports. The fund owned 2,530 shares of the conglomerate’s stock after selling 481 shares during the period. IFC Holdings Incorporated FL’s holdings in National Presto Industries were worth $280,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Campbell & CO Investment Adviser LLC bought a new position in National Presto Industries during the second quarter worth $220,000. Bowling Portfolio Management LLC acquired a new stake in National Presto Industries during the second quarter valued at about $1,544,000. Russell Investments Group Ltd. raised its stake in 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. Schwab Charles Investment Management Inc. raised its stake in 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 buying an additional 9,648 shares during the last quarter. Finally, Algert Global LLC acquired a new stake in National Presto Industries during the second quarter valued at about $742,000. 53.82% of the stock is currently owned by institutional investors and hedge funds.

Shares of National Presto Industries Inc. (NYSE:NPK) opened at 108.35 on Tuesday. National Presto Industries Inc. has a 12-month low of $83.53 and a 12-month high of $114.70. The company’s 50-day moving average is $111.00 and its 200-day moving average is $105.67. The firm has a market capitalization of $754.44 million, a price-to-earnings ratio of 13.61 and a beta of 0.44.

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

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.

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

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