Dimensional Fund Advisors LP raised its position in MSA Safety Incorporated (NYSE:MSA – Free Report) by 0.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 760,794 shares of the industrial products company’s stock after acquiring an additional 4,734 shares during the quarter. Dimensional Fund Advisors LP’s holdings in MSA Safety were worth $126,118,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in the business. UMB Bank n.a. increased its stake in MSA Safety by 78.4% during the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock valued at $30,000 after buying an additional 80 shares during the period. SRS Capital Advisors Inc. lifted its position in MSA Safety by 120.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 123 shares during the period. JFS Wealth Advisors LLC boosted its stake in MSA Safety by 97.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 251 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 124 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of MSA Safety by 81.3% during the 4th quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 148 shares during the period. Finally, Hilltop National Bank raised its stake in shares of MSA Safety by 23.5% in the 4th quarter. Hilltop National Bank now owns 520 shares of the industrial products company’s stock worth $86,000 after buying an additional 99 shares in the last quarter. Institutional investors own 92.51% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Robert W. Baird lowered their target price on MSA Safety from $175.00 to $161.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, MSA Safety has a consensus rating of “Buy” and a consensus price target of $194.20.
Insider Transactions at MSA Safety
In related news, CAO Jonathan D. Buck sold 717 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $159.00, for a total value of $114,003.00. Following the completion of the transaction, the chief accounting officer now owns 3,673 shares of the company’s stock, valued at approximately $584,007. This trade represents a 16.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.70% of the stock is currently owned by insiders.
MSA Safety Price Performance
NYSE MSA opened at $153.66 on Friday. MSA Safety Incorporated has a 1 year low of $127.86 and a 1 year high of $200.61. The business’s fifty day moving average is $150.06 and its two-hundred day moving average is $162.00. The stock has a market capitalization of $6.03 billion, a P/E ratio of 21.31 and a beta of 0.97. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.76 and a current ratio of 2.79.
MSA Safety (NYSE:MSA – Get Free Report) last announced its earnings results on Wednesday, February 12th. The industrial products company reported $2.25 EPS for the quarter, beating the consensus estimate of $2.23 by $0.02. MSA Safety had a return on equity of 28.64% and a net margin of 15.76%. On average, research analysts forecast that MSA Safety Incorporated will post 8.06 earnings per share for the current fiscal year.
About MSA Safety
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.
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