Dimensional Fund Advisors LP Acquires 22,979 Shares of MSA Safety Incorporated (NYSE:MSA)

Dimensional Fund Advisors LP grew its holdings in MSA Safety Incorporated (NYSE:MSA) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 738,951 shares of the industrial products company’s stock after acquiring an additional 22,979 shares during the quarter. Dimensional Fund Advisors LP owned 1.88% of MSA Safety worth $138,695,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Quadrant Capital Group LLC boosted its position in shares of MSA Safety by 51.2% in the fourth quarter. Quadrant Capital Group LLC now owns 183 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 62 shares during the period. GAMMA Investing LLC boosted its position in shares of MSA Safety by 198.8% in the second quarter. GAMMA Investing LLC now owns 245 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 163 shares during the period. CWM LLC boosted its position in shares of MSA Safety by 50.7% in the first quarter. CWM LLC now owns 306 shares of the industrial products company’s stock valued at $59,000 after acquiring an additional 103 shares during the period. Kapitalo Investimentos Ltda bought a new stake in shares of MSA Safety in the fourth quarter valued at about $142,000. Finally, Allegheny Financial Group LTD bought a new stake in shares of MSA Safety in the first quarter valued at about $203,000. Institutional investors own 92.51% of the company’s stock.

Insiders Place Their Bets

In other MSA Safety news, CEO Nishan J. Vartanian sold 3,945 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $189.00, for a total transaction of $745,605.00. Following the completion of the transaction, the chief executive officer now owns 31,953 shares of the company’s stock, valued at $6,039,117. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.20% of the company’s stock.

MSA Safety Stock Down 2.0 %

MSA stock opened at $181.01 on Friday. The company has a quick ratio of 1.54, a current ratio of 2.45 and a debt-to-equity ratio of 0.55. The company has a market cap of $7.13 billion, a PE ratio of 26.82 and a beta of 0.99. MSA Safety Incorporated has a 52 week low of $147.35 and a 52 week high of $200.60. The business has a 50-day simple moving average of $181.19 and a 200 day simple moving average of $184.52.

MSA Safety (NYSE:MSA) last issued its earnings results on Wednesday, July 24th. The industrial products company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.97 by $0.04. The firm had revenue of $462.46 million during the quarter, compared to the consensus estimate of $461.30 million. MSA Safety had a return on equity of 30.64% and a net margin of 14.97%. Sell-side analysts anticipate that MSA Safety Incorporated will post 7.75 EPS for the current fiscal year.

MSA Safety Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.13%. The ex-dividend date was Thursday, August 15th. MSA Safety’s payout ratio is 30.22%.

Analysts Set New Price Targets

MSA has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on MSA Safety from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, July 26th. William Blair raised MSA Safety to a “strong-buy” rating in a research note on Tuesday, July 16th.

MSA Safety 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.