Diversified Trust Co Has $1.80 Million Holdings in MSA Safety Incorporated (NYSE:MSA)

Diversified Trust Co grew its position in shares of MSA Safety Incorporated (NYSE:MSA) by 63.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,837 shares of the industrial products company’s stock after buying an additional 4,205 shares during the quarter. Diversified Trust Co’s holdings in MSA Safety were worth $1,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Victory Capital Management Inc. grew its position in MSA Safety by 748.6% during the 2nd quarter. Victory Capital Management Inc. now owns 65,552 shares of the industrial products company’s stock worth $12,303,000 after acquiring an additional 57,827 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of MSA Safety by 1.9% in the second quarter. Arizona State Retirement System now owns 10,457 shares of the industrial products company’s stock valued at $1,963,000 after buying an additional 194 shares during the last quarter. Acadian Asset Management LLC lifted its position in MSA Safety by 2,362.5% during the 2nd quarter. Acadian Asset Management LLC now owns 11,303 shares of the industrial products company’s stock worth $2,119,000 after buying an additional 10,844 shares in the last quarter. Texas Permanent School Fund Corp lifted its position in MSA Safety by 8.7% during the 2nd quarter. Texas Permanent School Fund Corp now owns 35,142 shares of the industrial products company’s stock worth $6,596,000 after buying an additional 2,802 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in MSA Safety by 17.1% during the 2nd quarter. Daiwa Securities Group Inc. now owns 2,001 shares of the industrial products company’s stock worth $376,000 after acquiring an additional 292 shares during the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MSA shares. Jefferies Financial Group began coverage on shares of MSA Safety in a research note on Thursday, December 12th. They issued a “hold” rating and a $200.00 target price for the company. DA Davidson began coverage on MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 price objective on the stock. Finally, B. Riley initiated coverage on MSA Safety in a research note on Tuesday, November 5th. They issued a “buy” rating and a $200.00 target price for the company. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $202.50.

MSA Safety Price Performance

MSA opened at $161.09 on Thursday. The company has a fifty day moving average price of $170.82 and a two-hundred day moving average price of $176.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68. The firm has a market capitalization of $6.33 billion, a PE ratio of 23.28 and a beta of 1.00. MSA Safety Incorporated has a 52 week low of $158.91 and a 52 week high of $200.60.

MSA Safety (NYSE:MSA) last released its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.05. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The business had revenue of $432.68 million during the quarter, compared to the consensus estimate of $449.95 million. During the same quarter in the prior year, the company posted $1.78 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. As a group, analysts anticipate that MSA Safety Incorporated will post 7.66 earnings per share for the current year.

MSA Safety Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Friday, November 15th. MSA Safety’s dividend payout ratio is currently 29.48%.

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.