Janney Montgomery Scott LLC Boosts Holdings in MSA Safety Incorporated (NYSE:MSA)

Janney Montgomery Scott LLC lifted its stake in shares of MSA Safety Incorporated (NYSE:MSA) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,452 shares of the industrial products company’s stock after purchasing an additional 230 shares during the period. Janney Montgomery Scott LLC’s holdings in MSA Safety were worth $1,235,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of MSA. ORG Partners LLC purchased a new position in shares of MSA Safety in the fourth quarter valued at approximately $1,131,000. Great Valley Advisor Group Inc. boosted its position in MSA Safety by 67.6% during the third quarter. Great Valley Advisor Group Inc. now owns 23,385 shares of the industrial products company’s stock worth $4,147,000 after acquiring an additional 9,433 shares during the last quarter. Barclays PLC lifted its stake in MSA Safety by 62.0% in the 3rd quarter. Barclays PLC now owns 16,688 shares of the industrial products company’s stock worth $2,959,000 after purchasing an additional 6,384 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of MSA Safety in the third quarter valued at approximately $737,000. Finally, Jane Street Group LLC lifted its position in MSA Safety by 78.7% during the third quarter. Jane Street Group LLC now owns 9,671 shares of the industrial products company’s stock worth $1,715,000 after buying an additional 4,259 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

MSA Safety Stock Up 1.1 %

Shares of MSA Safety stock opened at $164.52 on Wednesday. MSA Safety Incorporated has a 52-week low of $153.79 and a 52-week high of $200.60. The company has a 50 day moving average of $167.60 and a 200 day moving average of $172.99. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $6.47 billion, a P/E ratio of 23.77 and a beta of 1.00.

MSA Safety Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Friday, February 14th. MSA Safety’s dividend payout ratio (DPR) is presently 29.48%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Jefferies Financial Group initiated coverage on shares of MSA Safety in a research note on Thursday, December 12th. They set a “hold” rating and a $200.00 target price on the stock. DA Davidson assumed coverage on MSA Safety in a report on Thursday, December 19th. They issued a “buy” rating and a $195.00 price objective on the stock. Finally, B. Riley assumed coverage on shares of MSA Safety in a research note on Tuesday, November 5th. They set a “buy” rating and a $200.00 price target on the stock. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $202.50.

MSA Safety 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.