MSA Safety Incorporated (NYSE:MSA) Position Boosted by Cerity Partners LLC

Cerity Partners LLC boosted its holdings in shares of MSA Safety Incorporated (NYSE:MSAFree Report) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,792 shares of the industrial products company’s stock after purchasing an additional 420 shares during the period. Cerity Partners LLC’s holdings in MSA Safety were worth $1,382,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Tidal Investments LLC boosted its stake in shares of MSA Safety by 45.1% during the 1st quarter. Tidal Investments LLC now owns 4,974 shares of the industrial products company’s stock worth $963,000 after acquiring an additional 1,546 shares in the last quarter. Cetera Investment Advisers purchased a new stake in MSA Safety in the 1st quarter worth about $1,758,000. GAMMA Investing LLC boosted its position in MSA Safety by 198.8% during the 2nd quarter. GAMMA Investing LLC now owns 245 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares during the period. BDF Gestion purchased a new position in MSA Safety during the 2nd quarter valued at about $1,877,000. Finally, Diversified Trust Co increased its stake in shares of MSA Safety by 9.2% in the second quarter. Diversified Trust Co now owns 6,632 shares of the industrial products company’s stock worth $1,245,000 after acquiring an additional 560 shares during the last quarter. 92.51% of the stock is currently owned by institutional investors.

MSA Safety Stock Down 0.2 %

MSA stock opened at $174.38 on Wednesday. The firm has a market cap of $6.85 billion, a PE ratio of 25.20 and a beta of 0.99. The company has a fifty day simple moving average of $172.05 and a 200 day simple moving average of $178.66. MSA Safety Incorporated has a 1 year low of $160.02 and a 1 year high of $200.60. The company has a current ratio of 2.68, a quick ratio of 1.56 and a debt-to-equity ratio of 0.48.

MSA Safety (NYSE:MSAGet Free Report) last announced its earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The firm had revenue of $432.68 million during the quarter, compared to analysts’ expectations of $449.95 million. During the same quarter in the prior year, the business earned $1.78 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. Sell-side analysts anticipate that MSA Safety Incorporated will post 7.64 EPS for the current fiscal year.

MSA Safety Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be given a $0.51 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.17%. MSA Safety’s dividend payout ratio is 29.48%.

Analyst Ratings Changes

Separately, B. Riley assumed coverage on MSA Safety in a research note on Tuesday, November 5th. They set a “buy” rating and a $200.00 price target for the company.

View Our Latest Report on MSA

MSA Safety Company Profile

(Free Report)

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.

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

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