Mountain Pacific Investment Advisers LLC Sells 774 Shares of MSA Safety Incorporporated $MSA

Mountain Pacific Investment Advisers LLC lessened its stake in shares of MSA Safety Incorporporated (NYSE:MSA) by 0.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 137,324 shares of the industrial products company’s stock after selling 774 shares during the period. MSA Safety Incorporporated comprises approximately 1.7% of Mountain Pacific Investment Advisers LLC’s investment portfolio, making the stock its 26th largest holding. Mountain Pacific Investment Advisers LLC owned 0.35% of MSA Safety Incorporporated worth $23,006,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of MSA Safety Incorporporated by 20,345.6% in the 1st quarter. GAMMA Investing LLC now owns 39,460 shares of the industrial products company’s stock valued at $5,788,000 after buying an additional 39,267 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc raised its position in MSA Safety Incorporporated by 11.6% during the first quarter. AEGON ASSET MANAGEMENT UK Plc now owns 71,722 shares of the industrial products company’s stock worth $10,528,000 after acquiring an additional 7,435 shares in the last quarter. Vest Financial LLC acquired a new stake in MSA Safety Incorporporated in the first quarter valued at $1,510,000. UMB Bank n.a. grew its position in shares of MSA Safety Incorporporated by 54.4% in the 1st quarter. UMB Bank n.a. now owns 281 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 99 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of MSA Safety Incorporporated by 45.7% during the 1st quarter. Farther Finance Advisors LLC now owns 1,540 shares of the industrial products company’s stock worth $227,000 after purchasing an additional 483 shares during the last quarter. 92.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MSA Safety Incorporporated

In related news, President Stephanie L. Sciullo sold 2,361 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $169.51, for a total transaction of $400,213.11. Following the sale, the president owned 9,083 shares in the company, valued at $1,539,659.33. The trade was a 20.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by company insiders.

MSA Safety Incorporporated Stock Performance

NYSE:MSA opened at $172.66 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.90 and a current ratio of 3.11. MSA Safety Incorporporated has a fifty-two week low of $127.86 and a fifty-two week high of $182.85. The company has a market cap of $6.76 billion, a price-to-earnings ratio of 24.63 and a beta of 1.00. The stock has a fifty day moving average price of $172.50 and a 200-day moving average price of $163.35.

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

MSA Safety Incorporporated Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were issued a dividend of $0.53 per share. The ex-dividend date was Friday, August 15th. This represents a $2.12 annualized dividend and a dividend yield of 1.2%. MSA Safety Incorporporated’s dividend payout ratio is 30.24%.

Analyst Upgrades and Downgrades

MSA has been the subject of several recent analyst reports. 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. Wall Street Zen raised MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Finally, Stifel Nicolaus assumed coverage on MSA Safety Incorporporated in a research note on Wednesday, July 16th. They issued a “hold” rating and a $182.00 price target on the stock. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $189.20.

MSA Safety Incorporporated 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.