MSA Safety Incorporporated (MSA) Shares Bought by First Quadrant L P CA

First Quadrant L P CA raised its position in shares of MSA Safety Incorporporated (NYSE:MSA) by 66.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,133 shares of the industrial products company’s stock after buying an additional 2,847 shares during the quarter. First Quadrant L P CA’s holdings in MSA Safety Incorporporated were worth $567,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Riverhead Capital Management LLC boosted its holdings in shares of MSA Safety Incorporporated by 58.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,265 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 465 shares during the period. Citigroup Inc. boosted its holdings in shares of MSA Safety Incorporporated by 18.3% in the 2nd quarter. Citigroup Inc. now owns 1,401 shares of the industrial products company’s stock worth $114,000 after purchasing an additional 217 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of MSA Safety Incorporporated by 8.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,560 shares of the industrial products company’s stock worth $127,000 after purchasing an additional 124 shares during the period. Royal Bank of Canada boosted its holdings in shares of MSA Safety Incorporporated by 3.3% in the 2nd quarter. Royal Bank of Canada now owns 1,643 shares of the industrial products company’s stock worth $133,000 after purchasing an additional 53 shares during the period. Finally, Pacad Investment Ltd. boosted its holdings in shares of MSA Safety Incorporporated by 27.8% in the 2nd quarter. Pacad Investment Ltd. now owns 2,300 shares of the industrial products company’s stock worth $187,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 67.37% of the company’s stock.

A number of equities analysts recently issued reports on MSA shares. Zacks Investment Research upgraded MSA Safety Incorporporated from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a report on Thursday, November 9th. Barrington Research restated a “market perform” rating on shares of MSA Safety Incorporporated in a report on Monday, October 23rd. Robert W. Baird cut MSA Safety Incorporporated from an “outperform” rating to a “neutral” rating and set a $80.00 price objective for the company. in a report on Tuesday, October 3rd. BidaskClub cut MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Finally, Stifel Nicolaus restated a “buy” rating and set a $91.00 price objective on shares of MSA Safety Incorporporated in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $89.00.

Shares of MSA Safety Incorporporated (NYSE MSA) traded up $0.41 during midday trading on Monday, reaching $79.79. The company’s stock had a trading volume of 241,334 shares, compared to its average volume of 211,325. The company has a current ratio of 2.11, a quick ratio of 1.52 and a debt-to-equity ratio of 0.72. The company has a market cap of $3,020.00, a price-to-earnings ratio of 25.36 and a beta of 1.67. MSA Safety Incorporporated has a 1-year low of $61.75 and a 1-year high of $85.80.

MSA Safety Incorporporated (NYSE:MSA) last issued its earnings results on Thursday, October 19th. The industrial products company reported $0.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.13. The business had revenue of $296.13 million during the quarter, compared to analyst estimates of $298.47 million. MSA Safety Incorporporated had a return on equity of 20.56% and a net margin of 7.32%. MSA Safety Incorporporated’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 EPS. equities research analysts anticipate that MSA Safety Incorporporated will post 3.31 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Sunday, December 10th. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Monday, November 13th. MSA Safety Incorporporated’s dividend payout ratio (DPR) is presently 63.93%.

In other news, insider Kerry M. Bove sold 5,727 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $80.00, for a total value of $458,160.00. Following the completion of the transaction, the insider now directly owns 57,874 shares of the company’s stock, valued at approximately $4,629,920. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Markus H. Weber sold 2,300 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $71.08, for a total value of $163,484.00. Following the completion of the transaction, the vice president now directly owns 13,801 shares of the company’s stock, valued at $980,975.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 88,505 shares of company stock valued at $6,733,500. Corporate insiders own 11.47% of the company’s stock.

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About MSA Safety Incorporporated

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

Institutional Ownership by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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