Great West Life Assurance Co. Can held its position in EnPro Industries Inc. (NYSE:NPO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,732 shares of the company’s stock at the end of the second quarter. Great West Life Assurance Co. Can’s holdings in EnPro Industries were worth $100,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Emerald Acquisition Ltd. bought a new position in EnPro Industries during the second quarter worth $1,273,000. Mutual of America Capital Management LLC boosted its position in EnPro Industries by 30.7% in the second quarter. Mutual of America Capital Management LLC now owns 100,802 shares of the company’s stock worth $4,475,000 after buying an additional 23,700 shares during the last quarter. Swiss National Bank boosted its position in EnPro Industries by 1.7% in the second quarter. Swiss National Bank now owns 36,900 shares of the company’s stock worth $1,638,000 after buying an additional 600 shares during the last quarter. American Century Companies Inc. boosted its position in EnPro Industries by 58.2% in the second quarter. American Century Companies Inc. now owns 452,044 shares of the company’s stock worth $20,066,000 after buying an additional 166,383 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in EnPro Industries during the second quarter worth $1,184,000. Hedge funds and other institutional investors own 94.31% of the company’s stock.
EnPro Industries Inc. (NYSE:NPO) traded up 1.34% during mid-day trading on Friday, hitting $56.82. 154,233 shares of the stock traded hands. The company’s 50 day moving average price is $54.63 and its 200-day moving average price is $52.08. The stock’s market cap is $1.22 billion. EnPro Industries Inc. has a 1-year low of $37.53 and a 1-year high of $63.82.
EnPro Industries (NYSE:NPO) last released its earnings results on Tuesday, August 2nd. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by $0.06. EnPro Industries had a positive return on equity of 7.48% and a negative net margin of 2.04%. The firm had revenue of $313.20 million for the quarter, compared to the consensus estimate of $311.87 million. During the same quarter in the previous year, the business posted $0.69 EPS. EnPro Industries’s revenue was up 5.0% on a year-over-year basis. Analysts predict that EnPro Industries Inc. will post ($0.92) earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend was Tuesday, August 30th. EnPro Industries’s payout ratio is -71.79%.
Separately, Zacks Investment Research cut shares of EnPro Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th.
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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