Yousif Capital Management LLC Sells 232 Shares of MSA Safety Incorporporated $MSA

Yousif Capital Management LLC lowered its position in shares of MSA Safety Incorporporated (NYSE:MSA) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,291 shares of the industrial products company’s stock after selling 232 shares during the quarter. Yousif Capital Management LLC’s holdings in MSA Safety Incorporporated were worth $2,227,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Bayforest Capital Ltd boosted its position in shares of MSA Safety Incorporporated by 3,400.0% during the 1st quarter. Bayforest Capital Ltd now owns 175 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 170 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of MSA Safety Incorporporated by 39.4% during the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 76 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of MSA Safety Incorporporated by 115.4% during the 2nd quarter. Parallel Advisors LLC now owns 293 shares of the industrial products company’s stock worth $49,000 after purchasing an additional 157 shares in the last quarter. Hilltop National Bank bought a new position in shares of MSA Safety Incorporporated during the 2nd quarter worth about $116,000. Finally, CWM LLC boosted its position in shares of MSA Safety Incorporporated by 96.1% during the 2nd quarter. CWM LLC now owns 696 shares of the industrial products company’s stock worth $117,000 after purchasing an additional 341 shares in the last quarter. Institutional investors own 92.51% of the company’s stock.

Analyst Ratings Changes

MSA has been the topic of a number of research analyst reports. Wall Street Zen raised shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Stifel Nicolaus began coverage on shares of MSA Safety Incorporporated in a report on Wednesday, July 16th. They issued a “hold” rating and a $182.00 target price on the stock. DA Davidson upped their target price on shares of MSA Safety Incorporporated from $183.00 to $203.00 and gave the stock a “buy” rating in a report on Tuesday, July 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of MSA Safety Incorporporated in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $189.20.

Insiders Place Their Bets

In other MSA Safety Incorporporated news, President Stephanie L. Sciullo sold 2,361 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $169.51, for a total value of $400,213.11. Following the transaction, the president owned 9,083 shares in the company, valued at approximately $1,539,659.33. The trade was a 20.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is owned by corporate insiders.

MSA Safety Incorporporated Trading Up 0.0%

NYSE:MSA opened at $165.09 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.90 and a current ratio of 3.11. The firm has a market cap of $6.46 billion, a price-to-earnings ratio of 23.55 and a beta of 0.99. MSA Safety Incorporporated has a 52 week low of $127.86 and a 52 week high of $182.85. The firm has a 50-day moving average price of $170.73 and a two-hundred day moving average price of $165.11.

MSA Safety Incorporporated (NYSE:MSA) last issued its quarterly earnings results on Monday, August 4th. The industrial products company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The company had revenue of $474.12 million during the quarter, compared to analyst estimates of $446.46 million. MSA Safety Incorporporated had a net margin of 15.15% and a return on equity of 26.03%. MSA Safety Incorporporated’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.01 EPS. On average, equities analysts expect that MSA Safety Incorporporated will post 8.06 earnings per share for the current fiscal year.

MSA Safety Incorporporated Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were paid a $0.53 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.12 annualized dividend and a yield of 1.3%. MSA Safety Incorporporated’s payout ratio is currently 30.24%.

About MSA Safety Incorporporated

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.