BNP Paribas Arbitrage SA decreased its position in EnPro Industries Inc. (NYSE:NPO) by 50.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,384 shares of the company’s stock after selling 3,471 shares during the period. BNP Paribas Arbitrage SA’s holdings in EnPro Industries were worth $192,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Teacher Retirement System of Texas raised its stake in EnPro Industries by 14.0% in the second quarter. Teacher Retirement System of Texas now owns 3,063 shares of the company’s stock valued at $136,000 after buying an additional 377 shares during the last quarter. Sei Investments Co. raised its stake in EnPro Industries by 95.2% in the second quarter. Sei Investments Co. now owns 3,840 shares of the company’s stock valued at $170,000 after buying an additional 1,873 shares during the last quarter. Mason Street Advisors LLC acquired a new stake in EnPro Industries during the second quarter valued at about $189,000. Americafirst Capital Management LLC acquired a new stake in EnPro Industries during the second quarter valued at about $194,000. Finally, Virginia Retirement Systems ET AL acquired a new stake in EnPro Industries during the second quarter valued at about $209,000. 94.31% of the stock is currently owned by institutional investors.
Shares of EnPro Industries Inc. (NYSE:NPO) opened at 56.83 on Friday. The stock has a 50 day moving average of $55.10 and a 200 day moving average of $52.05. EnPro Industries Inc. has a 52-week low of $37.53 and a 52-week high of $63.82. The firm’s market cap is $1.22 billion.
EnPro Industries (NYSE:NPO) last released its earnings results on Tuesday, August 2nd. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.06. The firm earned $313.20 million during the quarter, compared to analysts’ expectations of $311.87 million. EnPro Industries had a positive return on equity of 7.48% and a negative net margin of 2.04%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.69 earnings per share. Equities analysts predict that EnPro Industries Inc. will post ($0.92) EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend was Tuesday, August 30th. EnPro Industries’s dividend payout ratio (DPR) is currently -71.79%.
Separately, Zacks Investment Research raised shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Saturday, July 9th.
EnPro Industries Company Profile
EnPro Industries, Inc (EnPro) is engaged in the designing, developing, manufacturing, and marketing engineered industrial products. The Company operates through three segments: Sealing Products, Engineered Products and Power Systems. Its Sealing Products segment designs, manufactures and sells sealing products, including metallic, non-metallic and composite material gaskets, resilient metal seals, elastomeric seals, hydraulic components, expansion joints and casing end seals.
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