Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC decreased its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 1.7% in the second quarter, HoldingsChannel reports. The firm owned 4,773 shares of the construction company’s stock after selling 83 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Simpson Manufacturing were worth $804,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SSD. EntryPoint Capital LLC acquired a new stake in shares of Simpson Manufacturing during the first quarter worth about $29,000. Rise Advisors LLC acquired a new stake in shares of Simpson Manufacturing during the first quarter worth about $37,000. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Simpson Manufacturing by 550.0% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 221 shares of the construction company’s stock worth $45,000 after purchasing an additional 187 shares during the period. CWM LLC lifted its holdings in shares of Simpson Manufacturing by 50.2% during the first quarter. CWM LLC now owns 323 shares of the construction company’s stock worth $66,000 after purchasing an additional 108 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Simpson Manufacturing during the second quarter worth about $77,000. Institutional investors and hedge funds own 93.68% of the company’s stock.

Simpson Manufacturing Trading Down 0.4 %

Shares of NYSE:SSD opened at $191.33 on Wednesday. Simpson Manufacturing Co., Inc. has a 12-month low of $123.93 and a 12-month high of $218.38. The company has a market capitalization of $8.07 billion, a PE ratio of 23.98 and a beta of 1.32. The business has a 50 day moving average of $180.65 and a two-hundred day moving average of $179.38. The company has a current ratio of 3.69, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25.

Simpson Manufacturing (NYSE:SSD) last announced its quarterly earnings results on Monday, July 22nd. The construction company reported $2.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.13). Simpson Manufacturing had a net margin of 15.03% and a return on equity of 19.42%. The company had revenue of $596.98 million during the quarter, compared to analyst estimates of $604.67 million. During the same period in the previous year, the firm posted $2.50 earnings per share. The company’s revenue was down .1% compared to the same quarter last year. As a group, analysts forecast that Simpson Manufacturing Co., Inc. will post 8.1 EPS for the current year.

Simpson Manufacturing Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd will be issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Thursday, October 3rd. Simpson Manufacturing’s payout ratio is presently 14.04%.

Insider Buying and Selling at Simpson Manufacturing

In other news, EVP Roger Dankel sold 2,700 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $190.44, for a total value of $514,188.00. Following the completion of the sale, the executive vice president now directly owns 24,064 shares in the company, valued at $4,582,748.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director James S. Andrasick sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $178.75, for a total value of $89,375.00. Following the completion of the sale, the director now directly owns 866 shares in the company, valued at $154,797.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Roger Dankel sold 2,700 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $190.44, for a total value of $514,188.00. Following the sale, the executive vice president now owns 24,064 shares of the company’s stock, valued at $4,582,748.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,571 shares of company stock valued at $2,348,027. 0.42% of the stock is owned by company insiders.

About Simpson Manufacturing

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.