4,322 Shares in MSA Safety Incorporporated (MSA) Acquired by Ramsey Quantitative Systems

Ramsey Quantitative Systems acquired a new stake in shares of MSA Safety Incorporporated (NYSE:MSA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,322 shares of the industrial products company’s stock, valued at approximately $351,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of MSA Safety Incorporporated by 0.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,596 shares of the industrial products company’s stock valued at $373,000 after buying an additional 18 shares during the period. Capstone Asset Management Co. grew its stake in shares of MSA Safety Incorporporated by 0.7% during the 2nd quarter. Capstone Asset Management Co. now owns 2,863 shares of the industrial products company’s stock valued at $232,000 after buying an additional 20 shares during the period. Northwestern Mutual Investment Management Company LLC grew its stake in shares of MSA Safety Incorporporated by 0.4% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 5,401 shares of the industrial products company’s stock valued at $382,000 after buying an additional 24 shares during the period. Jennison Associates LLC grew its stake in shares of MSA Safety Incorporporated by 0.3% during the 2nd quarter. Jennison Associates LLC now owns 8,538 shares of the industrial products company’s stock valued at $693,000 after buying an additional 26 shares during the period. Finally, Bank of Montreal Can grew its stake in shares of MSA Safety Incorporporated by 2.0% during the 2nd quarter. Bank of Montreal Can now owns 2,908 shares of the industrial products company’s stock valued at $236,000 after buying an additional 58 shares during the period. 66.74% of the stock is owned by institutional investors.

Shares of MSA Safety Incorporporated (MSA) traded up 2.52% during mid-day trading on Friday, reaching $76.97. 155,230 shares of the company were exchanged. The firm’s 50-day moving average is $71.42 and its 200-day moving average is $75.13. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 38.78 and a beta of 1.64. MSA Safety Incorporporated has a 12 month low of $54.51 and a 12 month high of $84.86.

MSA Safety Incorporporated (NYSE:MSA) last announced its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.85 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by ($0.02). MSA Safety Incorporporated had a return on equity of 19.64% and a net margin of 6.74%. The business had revenue of $288.78 million for the quarter, compared to analyst estimates of $302.94 million. During the same quarter last year, the company earned $0.79 EPS. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. On average, equities analysts forecast that MSA Safety Incorporporated will post $3.19 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Sunday, September 10th. Stockholders of record on Wednesday, August 16th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, August 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.82%. MSA Safety Incorporporated’s dividend payout ratio (DPR) is 71.07%.

MSA has been the subject of several research reports. BidaskClub cut shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Robert W. Baird boosted their price objective on shares of MSA Safety Incorporporated from $82.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, June 30th. Zacks Investment Research cut shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $91.00 price objective on shares of MSA Safety Incorporporated in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. MSA Safety Incorporporated has an average rating of “Hold” and a consensus target price of $87.50.

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In other news, Director John T. Ryan III sold 32,100 shares of the stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $71.43, for a total transaction of $2,292,903.00. Following the transaction, the director now owns 1,025,013 shares in the company, valued at approximately $73,216,678.59. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Markus H. Weber sold 2,300 shares of the stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $71.08, for a total transaction of $163,484.00. Following the transaction, the vice president now owns 13,801 shares in the company, valued at approximately $980,975.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,211 shares of company stock worth $2,879,428. 15.53% of the stock is currently owned by company insiders.

MSA Safety Incorporporated Profile

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

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

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