MSA Safety Incorporated (NYSE:MSA) Shares Acquired by Creative Planning

Creative Planning grew its position in MSA Safety Incorporated (NYSE:MSA) by 5.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,246 shares of the industrial products company’s stock after acquiring an additional 114 shares during the period. Creative Planning’s holdings in MSA Safety were worth $398,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of MSA. GAMMA Investing LLC raised its position in shares of MSA Safety by 198.8% during the 2nd quarter. GAMMA Investing LLC now owns 245 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 163 shares during the last quarter. Allegheny Financial Group LTD acquired a new position in shares of MSA Safety during the 1st quarter worth about $203,000. Kowal Investment Group LLC acquired a new position in shares of MSA Safety during the 2nd quarter worth about $204,000. CIBC Asset Management Inc acquired a new position in shares of MSA Safety during the 2nd quarter worth about $206,000. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of MSA Safety during the 2nd quarter worth about $210,000. Institutional investors and hedge funds own 92.51% of the company’s stock.

MSA Safety Stock Down 0.5 %

Shares of NYSE MSA opened at $172.87 on Friday. The company has a 50-day moving average of $173.37 and a 200 day moving average of $180.57. MSA Safety Incorporated has a 12-month low of $157.34 and a 12-month high of $200.60. The company has a current ratio of 2.68, a quick ratio of 1.56 and a debt-to-equity ratio of 0.48. The stock has a market cap of $6.80 billion, a PE ratio of 24.98 and a beta of 0.99.

MSA Safety (NYSE:MSA) last posted its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%. The business had revenue of $432.68 million during the quarter, compared to analysts’ expectations of $449.95 million. During the same quarter in the prior year, the company posted $1.78 EPS. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, sell-side analysts predict that MSA Safety Incorporated will post 7.75 EPS for the current fiscal year.

MSA Safety Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.18%. MSA Safety’s dividend payout ratio (DPR) is 29.48%.

Analyst Upgrades and Downgrades

MSA has been the subject of several research reports. B. Riley initiated coverage on shares of MSA Safety in a research note on Tuesday. They set a “buy” rating and a $200.00 price objective for the company. William Blair raised shares of MSA Safety to a “strong-buy” rating in a research note on Tuesday, July 16th. Finally, Stifel Nicolaus upped their price objective on shares of MSA Safety from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Two equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and a consensus target price of $207.50.

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.