MSA Safety Incorporated (NYSE:MSA) Shares Bought by Strs Ohio

Strs Ohio increased its holdings in shares of MSA Safety Incorporated (NYSE:MSA) by 15.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,305 shares of the industrial products company’s stock after acquiring an additional 1,543 shares during the period. Strs Ohio’s holdings in MSA Safety were worth $1,908,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC grew its holdings in MSA Safety by 14.0% during the first quarter. FMR LLC now owns 588 shares of the industrial products company’s stock worth $78,000 after acquiring an additional 72 shares during the period. Fifth Third Bancorp grew its stake in shares of MSA Safety by 28.2% during the 4th quarter. Fifth Third Bancorp now owns 336 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 74 shares during the period. Deutsche Bank AG grew its position in MSA Safety by 0.3% during the first quarter. Deutsche Bank AG now owns 22,096 shares of the industrial products company’s stock worth $2,950,000 after buying an additional 74 shares during the period. Treasurer of the State of North Carolina grew its position in MSA Safety by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 16,178 shares of the industrial products company’s stock worth $2,550,000 after buying an additional 80 shares during the period. Finally, Bahl & Gaynor Inc. grew its position in MSA Safety by 0.3% during the third quarter. Bahl & Gaynor Inc. now owns 25,184 shares of the industrial products company’s stock worth $3,970,000 after buying an additional 86 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

Insider Buying and Selling at MSA Safety

In related news, Director Rebecca B. Roberts sold 1,100 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total transaction of $200,024.00. Following the sale, the director now owns 8,474 shares of the company’s stock, valued at $1,540,912.16. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director Rebecca B. Roberts sold 1,100 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total transaction of $200,024.00. Following the sale, the director now owns 8,474 shares of the company’s stock, valued at $1,540,912.16. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Nishan J. Vartanian sold 4,099 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $185.75, for a total transaction of $761,389.25. Following the sale, the chief executive officer now directly owns 67,800 shares in the company, valued at $12,593,850. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,504 shares of company stock worth $1,017,991. 6.20% of the stock is owned by insiders.

MSA Safety Price Performance

Shares of NYSE MSA opened at $185.38 on Friday. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 127.85 and a beta of 1.01. MSA Safety Incorporated has a 52 week low of $122.57 and a 52 week high of $196.02. The company’s 50-day moving average price is $185.75 and its 200 day moving average price is $171.71. The company has a current ratio of 2.36, a quick ratio of 1.48 and a debt-to-equity ratio of 0.60.

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

Wall Street Analyst Weigh In

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

MSA Safety Company 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.