MSA Safety Incorporporated $MSA Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in shares of MSA Safety Incorporporated (NYSE:MSA) by 27.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,865 shares of the industrial products company’s stock after purchasing an additional 624 shares during the quarter. Cetera Investment Advisers’ holdings in MSA Safety Incorporporated were worth $420,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Prentiss Smith & Co. Inc. raised its holdings in MSA Safety Incorporporated by 0.3% in the first quarter. Prentiss Smith & Co. Inc. now owns 23,136 shares of the industrial products company’s stock valued at $3,394,000 after acquiring an additional 70 shares in the last quarter. GAMMA Investing LLC raised its holdings in MSA Safety Incorporporated by 39.4% in the first quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 76 shares in the last quarter. UMB Bank n.a. raised its holdings in MSA Safety Incorporporated by 54.4% in the first quarter. UMB Bank n.a. now owns 281 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 99 shares in the last quarter. Louisiana State Employees Retirement System raised its holdings in MSA Safety Incorporporated by 0.9% in the first quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the industrial products company’s stock valued at $1,614,000 after acquiring an additional 100 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in MSA Safety Incorporporated by 1.5% in the first quarter. State of Alaska Department of Revenue now owns 7,659 shares of the industrial products company’s stock valued at $1,122,000 after acquiring an additional 115 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MSA shares. Stifel Nicolaus started coverage on shares of MSA Safety Incorporporated in a research note on Wednesday, July 16th. They issued a “hold” rating and a $182.00 price target on the stock. B. Riley reiterated a “buy” rating and issued a $195.00 price target (down from $200.00) on shares of MSA Safety Incorporporated in a research note on Thursday, May 1st. DA Davidson increased their price target on shares of MSA Safety Incorporporated from $183.00 to $203.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Robert W. Baird set a $166.00 price target on shares of MSA Safety Incorporporated in a research note on Monday, May 5th. Finally, Wall Street Zen upgraded shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research note on Saturday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, MSA Safety Incorporporated presently has an average rating of “Moderate Buy” and an average price target of $189.20.

MSA Safety Incorporporated Stock Performance

Shares of MSA opened at $169.47 on Monday. The company has a current ratio of 3.11, a quick ratio of 1.90 and a debt-to-equity ratio of 0.54. The firm has a market cap of $6.63 billion, a PE ratio of 24.18 and a beta of 0.96. The company’s 50 day simple moving average is $172.07 and its 200-day simple moving average is $160.93. MSA Safety Incorporporated has a 12-month low of $127.86 and a 12-month high of $187.41.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings data on Monday, August 4th. The industrial products company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. MSA Safety Incorporporated had a net margin of 15.15% and a return on equity of 26.03%. The firm had revenue of $474.12 million for the quarter, compared to analyst estimates of $446.46 million. During the same period last year, the firm posted $2.01 EPS. MSA Safety Incorporporated’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts predict that MSA Safety Incorporporated will post 8.06 EPS for the current year.

MSA Safety Incorporporated Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, August 15th. MSA Safety Incorporporated’s payout ratio is presently 30.24%.

About MSA Safety Incorporporated

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.