MSA Safety Incorporated (NYSE:MSA) Shares Sold by AEGON ASSET MANAGEMENT UK Plc

AEGON ASSET MANAGEMENT UK Plc lowered its position in MSA Safety Incorporated (NYSE:MSAFree Report) by 8.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,287 shares of the industrial products company’s stock after selling 5,873 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in MSA Safety were worth $10,647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in MSA. Mutual of America Capital Management LLC raised its holdings in shares of MSA Safety by 0.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company’s stock worth $3,771,000 after purchasing an additional 71 shares during the period. Legacy Wealth Asset Management LLC raised its holdings in MSA Safety by 1.3% in the third quarter. Legacy Wealth Asset Management LLC now owns 5,418 shares of the industrial products company’s stock valued at $961,000 after buying an additional 72 shares during the period. UMB Bank n.a. lifted its position in MSA Safety by 78.4% during the fourth 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 in the last quarter. Creative Financial Designs Inc. ADV grew its stake in MSA Safety by 4.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,052 shares of the industrial products company’s stock worth $364,000 after buying an additional 84 shares during the period. Finally, Tidal Investments LLC increased its position in shares of MSA Safety by 1.1% in the third quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company’s stock worth $1,429,000 after acquiring an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 92.51% of the company’s stock.

MSA Safety Stock Performance

Shares of MSA stock opened at $163.92 on Friday. The company’s fifty day moving average price is $168.71 and its two-hundred day moving average price is $174.59. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.68 and a quick ratio of 1.56. The firm has a market capitalization of $6.44 billion, a P/E ratio of 23.69 and a beta of 1.00. MSA Safety Incorporated has a 12 month low of $153.79 and a 12 month high of $200.60.

MSA Safety (NYSE:MSAGet Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $449.95 million. During the same quarter in the previous year, the firm posted $1.78 earnings per share. The company’s revenue was down 3.1% compared to the same quarter last year. On average, research analysts anticipate that MSA Safety Incorporated will post 7.67 earnings per share for the current fiscal year.

MSA Safety Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Friday, February 14th. MSA Safety’s dividend payout ratio (DPR) is currently 29.48%.

Analysts Set New Price Targets

A number of analysts recently weighed in on MSA shares. DA Davidson assumed coverage on shares of MSA Safety in a research report on Thursday, December 19th. They set a “buy” rating and a $195.00 price target for the company. Jefferies Financial Group initiated coverage on MSA Safety in a research report on Thursday, December 12th. They issued a “hold” rating and a $200.00 target price for the company. 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 investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, MSA Safety has a consensus rating of “Buy” and a consensus target price of $202.50.

Check Out Our Latest Stock Report on MSA Safety

About MSA Safety

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding MSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSA Safety Incorporated (NYSE:MSAFree Report).

Institutional Ownership by Quarter for MSA Safety (NYSE:MSA)

Receive News & Ratings for MSA Safety Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSA Safety and related companies with MarketBeat.com's FREE daily email newsletter.