Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Purchased by V Square Quantitative Management LLC

V Square Quantitative Management LLC grew its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 53.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 273 shares of the construction company’s stock after acquiring an additional 95 shares during the quarter. V Square Quantitative Management LLC’s holdings in Simpson Manufacturing were worth $45,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SSD. GAMMA Investing LLC grew its stake in shares of Simpson Manufacturing by 16.8% during the 4th quarter. GAMMA Investing LLC now owns 444 shares of the construction company’s stock worth $74,000 after purchasing an additional 64 shares during the period. Pacer Advisors Inc. grew its stake in shares of Simpson Manufacturing by 1.4% during the 4th quarter. Pacer Advisors Inc. now owns 6,281 shares of the construction company’s stock worth $1,042,000 after purchasing an additional 88 shares during the period. UMB Bank n.a. grew its stake in shares of Simpson Manufacturing by 88.2% during the 4th quarter. UMB Bank n.a. now owns 207 shares of the construction company’s stock worth $34,000 after purchasing an additional 97 shares during the period. DekaBank Deutsche Girozentrale grew its stake in shares of Simpson Manufacturing by 0.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 39,391 shares of the construction company’s stock worth $7,473,000 after purchasing an additional 100 shares during the period. Finally, Tidal Investments LLC grew its stake in shares of Simpson Manufacturing by 4.8% during the 3rd quarter. Tidal Investments LLC now owns 2,901 shares of the construction company’s stock worth $555,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 93.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird decreased their target price on Simpson Manufacturing from $196.00 to $192.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th.

Insider Activity

In related news, EVP Roger Dankel sold 250 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $183.06, for a total transaction of $45,765.00. Following the sale, the executive vice president now directly owns 23,814 shares in the company, valued at approximately $4,359,390.84. This represents a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.42% of the company’s stock.

Simpson Manufacturing Trading Up 4.1 %

Shares of SSD opened at $174.42 on Tuesday. Simpson Manufacturing Co., Inc. has a 52-week low of $155.73 and a 52-week high of $218.38. The company has a quick ratio of 1.99, a current ratio of 3.53 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average is $168.85 and its two-hundred day moving average is $178.18. The stock has a market cap of $7.35 billion, a PE ratio of 23.04 and a beta of 1.35.

Simpson Manufacturing (NYSE:SSD) last issued its quarterly earnings data on Monday, February 10th. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a net margin of 14.51% and a return on equity of 18.29%. Research analysts forecast that Simpson Manufacturing Co., Inc. will post 7.55 earnings per share for the current fiscal year.

Simpson Manufacturing Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.12 annualized dividend and a yield of 0.64%. Simpson Manufacturing’s dividend payout ratio (DPR) is currently 14.80%.

Simpson Manufacturing Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.