Versor Investments LP Sells 37,300 Shares of NPK International Inc. $NPKI

Versor Investments LP lowered its position in shares of NPK International Inc. (NYSE:NPKI) by 72.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,500 shares of the company’s stock after selling 37,300 shares during the period. Versor Investments LP’s holdings in NPK International were worth $164,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of NPKI. Nisa Investment Advisors LLC acquired a new stake in shares of NPK International during the second quarter valued at about $45,000. PNC Financial Services Group Inc. bought a new position in NPK International in the 2nd quarter valued at approximately $184,000. Campbell & CO Investment Adviser LLC bought a new position in NPK International in the 2nd quarter valued at approximately $248,000. 49 Wealth Management LLC acquired a new stake in NPK International during the 2nd quarter worth approximately $220,000. Finally, Geode Capital Management LLC bought a new stake in NPK International during the 2nd quarter worth approximately $19,874,000. Institutional investors and hedge funds own 80.81% of the company’s stock.

NPK International Trading Up 3.5%

NPKI opened at $14.44 on Friday. NPK International Inc. has a twelve month low of $4.76 and a twelve month high of $15.05. The company has a fifty day moving average of $13.16 and a 200-day moving average of $11.88. The stock has a market cap of $1.22 billion, a PE ratio of 37.99 and a beta of 1.29. The company has a quick ratio of 2.00, a current ratio of 2.20 and a debt-to-equity ratio of 0.02.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NPKI. HC Wainwright raised their price target on shares of NPK International from $12.00 to $18.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Wall Street Zen downgraded NPK International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of NPK International in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.17.

NPK International Company Profile

NPK International, Inc (NYSE: NPKI) is a specialty chemical distributor supplying a broad range of industrial and performance materials across diverse end-markets. Its product portfolio includes acetic acid and derivatives, alcohols, ketones, esters, glycol ethers, glycols, specialty solvents, select inorganic chemicals and crop-protection intermediates. These materials serve industries such as coatings, adhesives and sealants, oil and gas, personal care, pharmaceuticals, agrochemicals and water treatment.

The company places a strong emphasis on supply-chain security and technical service, maintaining warehousing, logistics support and laboratory capabilities at its regional distribution centers.