MSA Safety Incorporporated $MSA Shares Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lifted its position in MSA Safety Incorporporated (NYSE:MSA) by 0.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,765 shares of the industrial products company’s stock after purchasing an additional 99 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in MSA Safety Incorporporated were worth $1,971,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MSA. Bayforest Capital Ltd boosted its position in shares of MSA Safety Incorporporated by 3,400.0% in the 1st quarter. Bayforest Capital Ltd now owns 175 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 170 shares during the period. GAMMA Investing LLC boosted its position in shares of MSA Safety Incorporporated by 39.4% in the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 76 shares during the period. UMB Bank n.a. raised its stake in MSA Safety Incorporporated by 54.4% during the 1st 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 during the last quarter. Parallel Advisors LLC raised its stake in MSA Safety Incorporporated by 115.4% during the 2nd quarter. Parallel Advisors LLC now owns 293 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 157 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in MSA Safety Incorporporated by 24.7% during the 1st quarter. Fifth Third Bancorp now owns 682 shares of the industrial products company’s stock valued at $100,000 after acquiring an additional 135 shares during the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, President Stephanie L. Sciullo sold 2,361 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $169.51, for a total value of $400,213.11. Following the completion of the transaction, the president directly owned 9,083 shares of the company’s stock, valued at $1,539,659.33. This trade represents a 20.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.70% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have commented on MSA. Wall Street Zen raised MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. DA Davidson upped their price objective on MSA Safety Incorporporated from $183.00 to $203.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Finally, Stifel Nicolaus assumed coverage on MSA Safety Incorporporated in a research note on Wednesday, July 16th. They set a “hold” rating and a $182.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $189.20.

MSA Safety Incorporporated Stock Performance

Shares of MSA stock opened at $173.62 on Friday. The company has a market cap of $6.80 billion, a price-to-earnings ratio of 24.77 and a beta of 1.00. The stock has a 50 day simple moving average of $172.44 and a 200-day simple moving average of $163.50. MSA Safety Incorporporated has a 12-month low of $127.86 and a 12-month high of $182.85. The company has a current ratio of 3.11, a quick ratio of 1.90 and a debt-to-equity ratio of 0.54.

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

MSA Safety Incorporporated Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, August 15th. MSA Safety Incorporporated’s dividend payout ratio (DPR) is presently 30.24%.

MSA Safety Incorporporated 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.