Mutual of America Capital Management LLC Has $3.28 Million Stock Position in MSA Safety Incorporporated $MSA

Mutual of America Capital Management LLC decreased its holdings in shares of MSA Safety Incorporporated (NYSE:MSA) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,546 shares of the industrial products company’s stock after selling 655 shares during the quarter. Mutual of America Capital Management LLC’s holdings in MSA Safety Incorporporated were worth $3,275,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bayforest Capital Ltd grew its stake in MSA Safety Incorporporated by 3,400.0% in the 1st quarter. Bayforest Capital Ltd now owns 175 shares of the industrial products company’s stock valued at $26,000 after buying an additional 170 shares during the last quarter. GAMMA Investing LLC grew its stake in MSA Safety Incorporporated by 39.4% in 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 last quarter. Parallel Advisors LLC grew its stake in MSA Safety Incorporporated by 115.4% in the 2nd quarter. Parallel Advisors LLC now owns 293 shares of the industrial products company’s stock valued at $49,000 after buying an additional 157 shares during the last quarter. Hilltop National Bank acquired a new position in MSA Safety Incorporporated in the 2nd quarter valued at $116,000. Finally, CWM LLC grew its stake in MSA Safety Incorporporated by 96.1% in the 2nd quarter. CWM LLC now owns 696 shares of the industrial products company’s stock valued at $117,000 after buying an additional 341 shares during the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

MSA Safety Incorporporated Stock Performance

NYSE MSA opened at $166.58 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.11 and a quick ratio of 1.90. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 23.76 and a beta of 0.99. The company’s fifty day moving average is $170.36 and its two-hundred day moving average is $165.76. MSA Safety Incorporporated has a 52-week low of $127.86 and a 52-week high of $182.85.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings results on Monday, August 4th. The industrial products company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The company had revenue of $474.12 million for the quarter, compared to analyst estimates of $446.46 million. MSA Safety Incorporporated had a net margin of 15.15% and a return on equity of 26.03%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the business posted $2.01 EPS. Equities research analysts forecast that MSA Safety Incorporporated will post 8.06 EPS for the current year.

MSA Safety Incorporporated Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 15th. MSA Safety Incorporporated’s payout ratio is 30.24%.

Insider Buying and Selling at MSA Safety Incorporporated

In other news, President Stephanie L. Sciullo sold 2,361 shares of MSA Safety Incorporporated stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $169.51, for a total transaction of $400,213.11. Following the sale, the president directly owned 9,083 shares in the company, valued at approximately $1,539,659.33. The trade was a 20.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Stifel Nicolaus assumed coverage on shares of MSA Safety Incorporporated in a research note on Wednesday, July 16th. They issued a “hold” rating and a $182.00 target price on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of MSA Safety Incorporporated in a research note on Wednesday, October 8th. DA Davidson raised their target price on shares of MSA Safety Incorporporated from $183.00 to $203.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen upgraded shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, MSA Safety Incorporporated currently has a consensus rating of “Moderate Buy” and an average target price of $189.20.

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.