Vontobel Holding Ltd. Has $986,000 Stock Holdings in MSA Safety Incorporated (NYSE:MSA)

Vontobel Holding Ltd. increased its holdings in shares of MSA Safety Incorporated (NYSE:MSA) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,838 shares of the industrial products company’s stock after buying an additional 261 shares during the quarter. Vontobel Holding Ltd.’s holdings in MSA Safety were worth $986,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Louisiana State Employees Retirement System acquired a new stake in shares of MSA Safety in the 4th quarter valued at approximately $1,756,000. Cerity Partners LLC bought a new position in MSA Safety in the 4th quarter valued at approximately $1,278,000. Conestoga Capital Advisors LLC bought a new stake in shares of MSA Safety during the fourth quarter worth $9,944,000. Baillie Gifford & Co. bought a new stake in shares of MSA Safety during the fourth quarter worth $13,126,000. Finally, Trust Point Inc. acquired a new position in shares of MSA Safety during the fourth quarter worth $222,000. 92.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised MSA Safety from a “hold” rating to a “buy” rating in a report on Friday, February 23rd. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $189.50.

MSA Safety Stock Down 0.1 %

NYSE:MSA opened at $185.38 on Friday. MSA Safety Incorporated has a one year low of $122.57 and a one year high of $196.02. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.36 and a quick ratio of 1.48. The company has a market cap of $7.29 billion, a PE ratio of 127.85 and a beta of 1.01. The firm’s 50 day simple moving average is $185.75 and its 200 day simple moving average is $171.71.

MSA Safety (NYSE:MSA) last released its quarterly earnings results on Wednesday, February 14th. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.18. MSA Safety had a net margin of 3.28% and a return on equity of 32.44%. The firm had revenue of $495.00 million during the quarter, compared to the consensus estimate of $467.52 million. During the same quarter last year, the firm earned $1.80 earnings per share. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, research analysts anticipate that MSA Safety Incorporated will post 7.73 earnings per share for the current year.

Insider Buying and Selling

In other MSA Safety news, Director Rebecca B. Roberts sold 1,100 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total value of $200,024.00. Following the sale, the director now owns 8,474 shares in the company, valued at approximately $1,540,912.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CAO Jonathan D. Buck sold 305 shares of MSA Safety stock in a transaction on Monday, March 11th. The shares were sold at an average price of $185.50, for a total transaction of $56,577.50. Following the completion of the transaction, the chief accounting officer now owns 3,506 shares of the company’s stock, valued at $650,363. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Rebecca B. Roberts sold 1,100 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $181.84, for a total transaction of $200,024.00. Following the sale, the director now directly owns 8,474 shares in the company, valued at approximately $1,540,912.16. The disclosure for this sale can be found here. Insiders sold a total of 5,504 shares of company stock valued at $1,017,991 in the last three months. Insiders own 6.20% of the company’s stock.

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.