Diversified Trust Co Has $1.18 Million Stock Position in MSA Safety Incorporated (NYSE:MSA)

Diversified Trust Co lifted its holdings in MSA Safety Incorporated (NYSE:MSA) by 38.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,072 shares of the industrial products company’s stock after purchasing an additional 1,680 shares during the period. Diversified Trust Co’s holdings in MSA Safety were worth $1,175,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Mountain Pacific Investment Advisers Inc. ID lifted its position in shares of MSA Safety by 35.3% in the first quarter. Mountain Pacific Investment Advisers Inc. ID now owns 122,898 shares of the industrial products company’s stock worth $23,792,000 after buying an additional 32,054 shares during the last quarter. CWM LLC lifted its holdings in MSA Safety by 50.7% in the 1st quarter. CWM LLC now owns 306 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 103 shares during the last quarter. Moody National Bank Trust Division bought a new stake in MSA Safety during the first quarter worth approximately $240,000. Kapitalo Investimentos Ltda acquired a new position in MSA Safety during the fourth quarter valued at approximately $142,000. Finally, Quadrature Capital Ltd raised its position in shares of MSA Safety by 332.6% in the fourth quarter. Quadrature Capital Ltd now owns 9,492 shares of the industrial products company’s stock valued at $1,603,000 after purchasing an additional 7,298 shares during the period. 92.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MSA Safety

In other news, CEO Nishan J. Vartanian sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $185.29, for a total transaction of $2,038,190.00. Following the completion of the transaction, the chief executive officer now directly owns 56,800 shares in the company, valued at $10,524,472. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 6.07% of the company’s stock.

MSA Safety Price Performance

NYSE MSA opened at $185.16 on Tuesday. MSA Safety Incorporated has a 1 year low of $147.35 and a 1 year high of $196.02. The company has a fifty day simple moving average of $184.59 and a 200 day simple moving average of $179.87. The company has a current ratio of 2.51, a quick ratio of 1.54 and a debt-to-equity ratio of 0.57. The company has a market cap of $7.29 billion, a P/E ratio of 27.43 and a beta of 0.99.

MSA Safety (NYSE:MSA) last released its earnings results on Monday, April 29th. The industrial products company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.14. The firm had revenue of $413.00 million during the quarter, compared to analyst estimates of $428.38 million. MSA Safety had a net margin of 14.81% and a return on equity of 31.51%. The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 EPS. On average, sell-side analysts predict that MSA Safety Incorporated will post 7.75 EPS for the current year.

MSA Safety Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Wednesday, May 15th were paid a dividend of $0.51 per share. This is an increase from MSA Safety’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $2.04 annualized dividend and a yield of 1.10%. MSA Safety’s dividend payout ratio is presently 30.22%.

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.