MSA Safety Incorporated (NYSE:MSA) CAO Jonathan D. Buck Sells 305 Shares

MSA Safety Incorporated (NYSE:MSAGet Free Report) CAO Jonathan D. Buck sold 305 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $185.50, for a total transaction of $56,577.50. Following the completion of the transaction, the chief accounting officer now directly owns 3,506 shares of the company’s stock, valued at approximately $650,363. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

MSA Safety Stock Performance

MSA opened at $186.95 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 2.36 and a debt-to-equity ratio of 0.60. The stock has a market cap of $7.35 billion, a price-to-earnings ratio of 128.93 and a beta of 1.00. MSA Safety Incorporated has a 12-month low of $122.57 and a 12-month high of $188.26. The business has a 50 day moving average of $173.08 and a 200-day moving average of $168.01.

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

MSA Safety Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Sunday, March 10th. Investors of record on Thursday, February 15th were paid a $0.47 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $1.88 annualized dividend and a yield of 1.01%. MSA Safety’s dividend payout ratio (DPR) is presently 129.66%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its position in shares of MSA Safety by 51.2% in the fourth quarter. Quadrant Capital Group LLC now owns 183 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 62 shares during the period. FMR LLC boosted its holdings in MSA Safety by 14.0% in the 1st quarter. FMR LLC now owns 588 shares of the industrial products company’s stock valued at $78,000 after purchasing an additional 72 shares during the period. Fifth Third Bancorp grew its position 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 in the last quarter. Deutsche Bank AG increased its holdings in shares of 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 purchasing an additional 74 shares during the period. Finally, Treasurer of the State of North Carolina raised its position in shares of MSA Safety by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 16,178 shares of the industrial products company’s stock valued at $2,550,000 after buying an additional 80 shares in the last quarter. Institutional investors own 80.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MSA. Stifel Nicolaus lifted their target price on MSA Safety from $200.00 to $209.00 and gave the company a “buy” rating in a research report on Tuesday, December 19th. StockNews.com upgraded MSA Safety from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $189.50.

Read Our Latest Stock Analysis on MSA

MSA Safety Company Profile

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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.

Further Reading

Insider Buying and Selling by Quarter for MSA Safety (NYSE:MSA)

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