UMB Bank n.a. Has $34,000 Holdings in Simpson Manufacturing Co., Inc. (NYSE:SSD)

UMB Bank n.a. lifted its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 88.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 207 shares of the construction company’s stock after purchasing an additional 97 shares during the quarter. UMB Bank n.a.’s holdings in Simpson Manufacturing were worth $34,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SSD. V Square Quantitative Management LLC acquired a new stake in shares of Simpson Manufacturing during the 3rd quarter valued at $34,000. Prospera Private Wealth LLC acquired a new position in Simpson Manufacturing in the 3rd quarter valued at approximately $37,000. Millburn Ridgefield Corp acquired a new position in shares of Simpson Manufacturing during the third quarter worth $51,000. Huntington National Bank grew its stake in shares of Simpson Manufacturing by 73.2% in the third quarter. Huntington National Bank now owns 336 shares of the construction company’s stock worth $64,000 after purchasing an additional 142 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Simpson Manufacturing by 93.9% in the third quarter. GAMMA Investing LLC now owns 380 shares of the construction company’s stock valued at $73,000 after purchasing an additional 184 shares during the period. Institutional investors own 93.68% of the company’s stock.

Simpson Manufacturing Stock Performance

Shares of SSD stock opened at $165.83 on Friday. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 21.91 and a beta of 1.35. The firm has a 50 day moving average of $174.19 and a 200-day moving average of $179.96. The company has a quick ratio of 1.99, a current ratio of 3.53 and a debt-to-equity ratio of 0.24. Simpson Manufacturing Co., Inc. has a 52 week low of $155.73 and a 52 week high of $218.38.

Insiders Place Their Bets

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

Analyst Ratings Changes

Separately, Robert W. Baird increased their price target on Simpson Manufacturing from $202.00 to $218.00 and gave the company an “outperform” rating in a research note on Monday, October 21st.

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.