MSA Safety Incorporporated (NYSE:MSA) Shares Sold by ORG Partners LLC

ORG Partners LLC reduced its stake in shares of MSA Safety Incorporporated (NYSE:MSA) by 5.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,450 shares of the industrial products company’s stock after selling 375 shares during the period. ORG Partners LLC’s holdings in MSA Safety Incorporporated were worth $949,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. SRS Capital Advisors Inc. increased its position in MSA Safety Incorporporated by 120.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of MSA Safety Incorporporated by 39.4% during the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock valued at $39,000 after buying an additional 76 shares during the period. UMB Bank n.a. increased its holdings in shares of MSA Safety Incorporporated by 54.4% during the 1st quarter. UMB Bank n.a. now owns 281 shares of the industrial products company’s stock worth $41,000 after buying an additional 99 shares during the last quarter. First Horizon Advisors Inc. raised its position in shares of MSA Safety Incorporporated by 81.3% in the 4th quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company’s stock worth $55,000 after buying an additional 148 shares during the period. Finally, Fifth Third Bancorp raised its position in shares of MSA Safety Incorporporated by 24.7% in the 1st quarter. Fifth Third Bancorp now owns 682 shares of the industrial products company’s stock worth $100,000 after buying an additional 135 shares during the period. 92.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Chairman Nishan J. Vartanian sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $161.32, for a total value of $4,839,600.00. Following the completion of the transaction, the chairman now directly owns 35,401 shares in the company, valued at approximately $5,710,889.32. This represents a 45.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

MSA has been the subject of a number of research reports. Wall Street Zen raised MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research report on Saturday, May 10th. B. Riley reaffirmed a “buy” rating and issued a $195.00 price objective (down from $200.00) on shares of MSA Safety Incorporporated in a research note on Thursday, May 1st. Robert W. Baird set a $166.00 target price on shares of MSA Safety Incorporporated in a research report on Monday, May 5th. Finally, DA Davidson cut their price target on shares of MSA Safety Incorporporated from $188.00 to $183.00 and set a “buy” rating on the stock in a report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $191.80.

MSA Safety Incorporporated Trading Up 0.5%

NYSE:MSA opened at $164.98 on Friday. The business’s 50-day moving average is $157.01 and its two-hundred day moving average is $159.27. The firm has a market capitalization of $6.48 billion, a PE ratio of 22.76 and a beta of 0.95. MSA Safety Incorporporated has a 12 month low of $127.86 and a 12 month high of $200.61. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.94 and a quick ratio of 1.84.

MSA Safety Incorporporated (NYSE:MSA) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. The business had revenue of $421.34 million during the quarter, compared to analyst estimates of $402.60 million. MSA Safety Incorporporated had a return on equity of 27.65% and a net margin of 15.77%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.61 earnings per share. Research analysts predict that MSA Safety Incorporporated will post 8.06 earnings per share for the current fiscal year.

MSA Safety Incorporporated Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were given a $0.53 dividend. This is an increase from MSA Safety Incorporporated’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.12 annualized dividend and a yield of 1.29%. MSA Safety Incorporporated’s dividend payout ratio (DPR) is 29.24%.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.