MSA Safety Incorporporated (MSA) Chairman William M. Lambert Sells 29,798 Shares

MSA Safety Incorporporated (NYSE:MSA) Chairman William M. Lambert sold 29,798 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $79.91, for a total value of $2,381,158.18. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

MSA Safety Incorporporated (MSA) traded up $0.43 during trading hours on Tuesday, reaching $80.22. The company’s stock had a trading volume of 138,383 shares, compared to its average volume of 211,751. MSA Safety Incorporporated has a 1 year low of $61.75 and a 1 year high of $85.80. The company has a quick ratio of 1.52, a current ratio of 2.11 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $3,030.00, a price-to-earnings ratio of 25.36 and a beta of 1.67.

MSA Safety Incorporporated (NYSE:MSA) last released its earnings results on Thursday, October 19th. The industrial products company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.13. The firm had revenue of $296.13 million for the quarter, compared to analyst estimates of $298.47 million. MSA Safety Incorporporated had a return on equity of 20.56% and a net margin of 7.32%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 earnings per share. sell-side analysts expect that MSA Safety Incorporporated will post 3.31 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. Investors of record on Tuesday, November 14th will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, November 13th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.75%. MSA Safety Incorporporated’s payout ratio is presently 63.93%.

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MSA has been the topic of several research reports. BidaskClub lowered MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Stifel Nicolaus reaffirmed a “buy” rating and set a $91.00 price target on shares of MSA Safety Incorporporated in a research note on Friday, August 4th. Zacks Investment Research lowered MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Robert W. Baird lowered MSA Safety Incorporporated from an “outperform” rating to a “neutral” rating and set a $80.00 price target on the stock. in a research note on Tuesday, October 3rd. Finally, Barrington Research reaffirmed a “market perform” rating on shares of MSA Safety Incorporporated in a research note on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $89.00.

Several large investors have recently bought and sold shares of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of MSA Safety Incorporporated by 0.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,596 shares of the industrial products company’s stock worth $373,000 after buying an additional 18 shares in the last quarter. Capstone Asset Management Co. grew its holdings in shares of MSA Safety Incorporporated by 0.7% during the second quarter. Capstone Asset Management Co. now owns 2,863 shares of the industrial products company’s stock worth $232,000 after buying an additional 20 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of MSA Safety Incorporporated by 0.3% during the second quarter. Jennison Associates LLC now owns 8,538 shares of the industrial products company’s stock worth $693,000 after buying an additional 26 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of MSA Safety Incorporporated by 3.3% during the second quarter. Royal Bank of Canada now owns 1,643 shares of the industrial products company’s stock worth $133,000 after buying an additional 53 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of MSA Safety Incorporporated by 2.0% during the second quarter. Bank of Montreal Can now owns 2,908 shares of the industrial products company’s stock worth $236,000 after buying an additional 58 shares in the last quarter. Institutional investors and hedge funds own 67.37% of the company’s stock.

About MSA Safety Incorporporated

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.

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

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