Campbell & CO Investment Adviser LLC Purchases 41,831 Shares of NPK International Inc. $NPKI

Campbell & CO Investment Adviser LLC raised its position in NPK International Inc. (NYSE:NPKI) by 143.3% in the 3rd quarter, Holdings Channel reports. The firm owned 71,019 shares of the company’s stock after buying an additional 41,831 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in NPK International were worth $803,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of NPK International in the third quarter worth $28,000. Amalgamated Bank bought a new position in NPK International in the 2nd quarter worth about $25,000. EverSource Wealth Advisors LLC purchased a new stake in shares of NPK International in the 2nd quarter valued at about $26,000. CWM LLC bought a new stake in shares of NPK International during the 2nd quarter valued at about $27,000. Finally, State of Alaska Department of Revenue bought a new stake in shares of NPK International during the 3rd quarter valued at about $52,000. Institutional investors own 80.81% of the company’s stock.

Wall Street Analyst Weigh In

NPKI has been the topic of several research analyst reports. HC Wainwright upped their price objective on shares of NPK International from $12.00 to $18.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of NPK International in a report on Monday, December 29th. Finally, Wall Street Zen downgraded NPK International from a “buy” rating to a “hold” rating in a research report on Saturday. Three 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $14.17.

NPK International Stock Up 1.4%

NPKI stock opened at $13.97 on Tuesday. The business’s 50 day moving average price is $12.46 and its two-hundred day moving average price is $11.19. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.00 and a current ratio of 2.20. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 36.76 and a beta of 1.24. NPK International Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $14.00.

NPK International (NYSE:NPKI) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. NPK International had a return on equity of 9.93% and a net margin of 12.74%.The firm had revenue of $68.84 million for the quarter, compared to analysts’ expectations of $56.83 million. As a group, analysts forecast that NPK International Inc. will post 0.39 earnings per share for the current fiscal year.

About NPK International

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.