Pacer Advisors Inc. Purchases 88 Shares of Simpson Manufacturing Co., Inc. (NYSE:SSD)

Pacer Advisors Inc. boosted its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,281 shares of the construction company’s stock after buying an additional 88 shares during the period. Pacer Advisors Inc.’s holdings in Simpson Manufacturing were worth $1,042,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Riverbridge Partners LLC bought a new position in shares of Simpson Manufacturing during the 4th quarter valued at approximately $58,414,000. FMR LLC lifted its position in Simpson Manufacturing by 24.2% during the third quarter. FMR LLC now owns 1,710,358 shares of the construction company’s stock valued at $327,140,000 after purchasing an additional 333,390 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of Simpson Manufacturing by 1,020.1% in the 3rd quarter. EP Wealth Advisors LLC now owns 139,828 shares of the construction company’s stock worth $26,745,000 after buying an additional 127,345 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Simpson Manufacturing by 67.2% in the 3rd quarter. Fisher Asset Management LLC now owns 219,462 shares of the construction company’s stock worth $41,976,000 after buying an additional 88,235 shares during the last quarter. Finally, Champlain Investment Partners LLC purchased a new stake in shares of Simpson Manufacturing during the 3rd quarter valued at about $16,060,000. Hedge funds and other institutional investors own 93.68% of the company’s stock.

Simpson Manufacturing Stock Down 0.9 %

NYSE SSD opened at $168.17 on Monday. The company has a quick ratio of 1.99, a current ratio of 3.53 and a debt-to-equity ratio of 0.24. Simpson Manufacturing Co., Inc. has a 52 week low of $155.73 and a 52 week high of $218.38. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 22.22 and a beta of 1.35. The company has a fifty day moving average of $172.93 and a two-hundred day moving average of $179.52.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird boosted their price objective on Simpson Manufacturing from $202.00 to $218.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st.

Insider Buying and Selling

In other Simpson Manufacturing news, EVP Roger Dankel sold 250 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $183.06, for a total value of $45,765.00. Following the sale, the executive vice president now owns 23,814 shares in the company, valued at $4,359,390.84. This trade represents a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.42% of the stock is owned by corporate insiders.

Simpson Manufacturing Company Profile

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.