Round Rock Advisors LLC Has $1.10 Million Position in NPK International Inc. $NPKI

Round Rock Advisors LLC increased its holdings in shares of NPK International Inc. (NYSE:NPKI) by 85.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 92,114 shares of the company’s stock after acquiring an additional 42,564 shares during the period. Round Rock Advisors LLC’s holdings in NPK International were worth $1,098,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Ameriprise Financial Inc. acquired a new stake in shares of NPK International during the 2nd quarter valued at about $51,903,000. Vanguard Group Inc. lifted its holdings in NPK International by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 4,750,263 shares of the company’s stock valued at $53,725,000 after purchasing an additional 19,663 shares during the last quarter. Wasatch Advisors LP bought a new position in NPK International during the 2nd quarter valued at about $25,341,000. American Century Companies Inc. lifted its holdings in NPK International by 13.1% during the 3rd quarter. American Century Companies Inc. now owns 2,971,066 shares of the company’s stock valued at $33,603,000 after purchasing an additional 344,658 shares during the last quarter. Finally, Conversant Capital LLC bought a new position in NPK International during the 2nd quarter valued at about $23,103,000. 80.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on NPKI. Wall Street Zen downgraded shares of NPK International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings reissued a “hold (c)” rating on shares of NPK International in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, NPK International has an average rating of “Moderate Buy” and a consensus price target of $14.17.

Insider Transactions at NPK International

In other NPK International news, CFO Gregg Piontek sold 108,590 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $14.07, for a total value of $1,527,861.30. Following the completion of the transaction, the chief financial officer directly owned 884,326 shares of the company’s stock, valued at approximately $12,442,466.82. The trade was a 10.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael A. Lewis sold 2,013 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $14.31, for a total transaction of $28,806.03. Following the completion of the transaction, the director directly owned 131,333 shares of the company’s stock, valued at approximately $1,879,375.23. This represents a 1.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 161,603 shares of company stock valued at $2,303,677. Insiders own 4.90% of the company’s stock.

NPK International Trading Down 2.5%

Shares of NYSE NPKI opened at $14.34 on Tuesday. NPK International Inc. has a 1-year low of $5.54 and a 1-year high of $15.96. The company has a market cap of $1.21 billion, a PE ratio of 31.86 and a beta of 1.26. The company has a current ratio of 1.43, a quick ratio of 1.22 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average of $14.31 and a two-hundred day moving average of $13.20.

NPK International (NYSE:NPKI) last announced its earnings results on Wednesday, February 25th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. NPK International had a net margin of 14.06% and a return on equity of 10.83%. The company had revenue of $75.20 million during the quarter, compared to the consensus estimate of $69.02 million. As a group, equities analysts expect that NPK International Inc. will post 0.53 earnings per share for the current fiscal year.

NPK International 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.