EnPro Industries (NPO) Position Cut by Teachers Advisors LLC

Teachers Advisors LLC trimmed its holdings in EnPro Industries (NYSE:NPO) by 82.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,428 shares of the industrial products company’s stock after selling 177,038 shares during the quarter. Teachers Advisors LLC owned about 0.18% of EnPro Industries worth $2,743,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Public Employees Retirement System of Ohio grew its holdings in EnPro Industries by 5.0% in the 1st quarter. Public Employees Retirement System of Ohio now owns 1,483 shares of the industrial products company’s stock worth $106,000 after buying an additional 71 shares in the last quarter. Texas Permanent School Fund grew its holdings in EnPro Industries by 0.6% in the 2nd quarter. Texas Permanent School Fund now owns 15,594 shares of the industrial products company’s stock worth $1,113,000 after buying an additional 90 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in EnPro Industries by 3.5% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 5,060 shares of the industrial products company’s stock worth $361,000 after buying an additional 170 shares in the last quarter. Aperio Group LLC grew its holdings in EnPro Industries by 2.3% in the 2nd quarter. Aperio Group LLC now owns 8,239 shares of the industrial products company’s stock worth $588,000 after buying an additional 189 shares in the last quarter. Finally, Arizona State Retirement System grew its holdings in EnPro Industries by 1.8% in the 1st quarter. Arizona State Retirement System now owns 11,197 shares of the industrial products company’s stock worth $797,000 after buying an additional 200 shares in the last quarter. 94.47% of the stock is owned by institutional investors and hedge funds.

In related news, insider Todd L. Anderson sold 2,148 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $72.67, for a total value of $156,095.16. Following the completion of the sale, the insider now owns 9,000 shares of the company’s stock, valued at $654,030. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Stephen E. Macadam sold 26,318 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $74.08, for a total transaction of $1,949,637.44. Following the completion of the sale, the insider now directly owns 245,765 shares of the company’s stock, valued at approximately $18,206,271.20. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece of content was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/10/19/enpro-industries-npo-position-cut-by-teachers-advisors-llc.html.

EnPro Industries (NYSE NPO) opened at 79.67 on Thursday. The company has a 50-day moving average price of $76.73 and a 200-day moving average price of $72.03. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 93.29 and a beta of 1.15. EnPro Industries has a one year low of $52.00 and a one year high of $82.72.

EnPro Industries (NYSE:NPO) last posted its earnings results on Monday, July 31st. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.35). EnPro Industries had a net margin of 1.56% and a return on equity of 8.71%. The firm had revenue of $347.00 million during the quarter, compared to the consensus estimate of $347.13 million. During the same quarter last year, the firm posted $0.17 EPS. The business’s revenue was up 10.8% on a year-over-year basis. Equities research analysts anticipate that EnPro Industries will post $2.61 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, September 1st. EnPro Industries’s dividend payout ratio (DPR) is currently 103.53%.

A number of equities analysts recently issued reports on the company. FBR & Co reissued an “outperform” rating on shares of EnPro Industries in a report on Tuesday, July 11th. BidaskClub raised EnPro Industries from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. TheStreet raised EnPro Industries from a “c+” rating to a “b-” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research lowered EnPro Industries from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $83.33.

EnPro Industries Profile

EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.

Want to see what other hedge funds are holding NPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EnPro Industries (NYSE:NPO).

Institutional Ownership by Quarter for EnPro Industries (NYSE:NPO)

Receive News & Ratings for EnPro Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnPro Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply