Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 4.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,869 shares of the construction company’s stock after selling 2,382 shares during the period. American Century Companies Inc. owned approximately 0.13% of Simpson Manufacturing worth $9,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. EntryPoint Capital LLC acquired a new stake in shares of Simpson Manufacturing during the 1st quarter worth approximately $29,000. Rise Advisors LLC acquired a new stake in shares of Simpson Manufacturing during the 1st quarter worth approximately $37,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Simpson Manufacturing by 550.0% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 221 shares of the construction company’s stock worth $45,000 after buying an additional 187 shares during the last quarter. CWM LLC increased its holdings in shares of Simpson Manufacturing by 50.2% during the 1st quarter. CWM LLC now owns 323 shares of the construction company’s stock worth $66,000 after buying an additional 108 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Simpson Manufacturing during the 2nd quarter worth approximately $77,000. Institutional investors and hedge funds own 93.68% of the company’s stock.

Insiders Place Their Bets

In other Simpson Manufacturing news, Director James S. Andrasick sold 500 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $178.75, for a total value of $89,375.00. Following the completion of the transaction, the director now owns 866 shares in the company, valued at $154,797.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director James S. Andrasick sold 500 shares of Simpson Manufacturing stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $178.75, for a total transaction of $89,375.00. Following the completion of the sale, the director now directly owns 866 shares of the company’s stock, valued at approximately $154,797.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Roger Dankel sold 2,700 shares of Simpson Manufacturing stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $190.44, for a total transaction of $514,188.00. Following the sale, the executive vice president now directly owns 24,064 shares of the company’s stock, valued at $4,582,748.16. The disclosure for this sale can be found here. Insiders sold a total of 12,571 shares of company stock worth $2,348,027 over the last 90 days. Corporate insiders own 0.42% of the company’s stock.

Simpson Manufacturing Stock Down 3.0 %

Simpson Manufacturing stock opened at $189.26 on Monday. Simpson Manufacturing Co., Inc. has a fifty-two week low of $123.93 and a fifty-two week high of $218.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.21 and a current ratio of 3.69. The firm has a 50 day moving average price of $180.44 and a 200 day moving average price of $179.68. The company has a market capitalization of $7.98 billion, a PE ratio of 23.72 and a beta of 1.32.

Simpson Manufacturing (NYSE:SSD) last posted its earnings results on Monday, July 22nd. The construction company reported $2.31 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.13). Simpson Manufacturing had a net margin of 15.03% and a return on equity of 19.42%. The company had revenue of $596.98 million during the quarter, compared to analyst estimates of $604.67 million. During the same quarter last year, the business posted $2.50 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Research analysts expect that Simpson Manufacturing Co., Inc. will post 8.1 earnings per share for the current year.

Simpson Manufacturing Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $1.12 annualized dividend and a dividend yield of 0.59%. Simpson Manufacturing’s dividend payout ratio (DPR) is 14.04%.

About Simpson Manufacturing

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.