Caxton Associates LP raised its stake in shares of Simpson Manufacturing Company, Inc. (NYSE:SSD) by 13.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,977 shares of the construction company’s stock after acquiring an additional 1,500 shares during the quarter. Caxton Associates LP’s holdings in Simpson Manufacturing were worth $567,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of SSD. Karp Capital Management Corp bought a new position in shares of Simpson Manufacturing during the first quarter valued at $521,000. Parametric Portfolio Associates LLC lifted its holdings in shares of Simpson Manufacturing by 4.2% during the first quarter. Parametric Portfolio Associates LLC now owns 73,123 shares of the construction company’s stock valued at $3,151,000 after acquiring an additional 2,971 shares during the period. Ameritas Investment Partners Inc. bought a new position in shares of Simpson Manufacturing during the first quarter valued at $154,000. Mason Street Advisors LLC lifted its holdings in shares of Simpson Manufacturing by 7.2% during the first quarter. Mason Street Advisors LLC now owns 9,471 shares of the construction company’s stock valued at $408,000 after acquiring an additional 640 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Simpson Manufacturing by 56.5% during the first quarter. Envestnet Asset Management Inc. now owns 10,113 shares of the construction company’s stock valued at $434,000 after acquiring an additional 3,651 shares during the period. 83.63% of the stock is owned by institutional investors.

In other news, major shareholder Sharon H. Simpson sold 70,582 shares of the company’s stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $49.41, for a total transaction of $3,487,456.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Psb Fund Simpson sold 95,322 shares of the company’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $49.54, for a total value of $4,722,251.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 310,752 shares of company stock valued at $14,549,010,118. Corporate insiders own 0.36% of the company’s stock.

A number of research analysts have issued reports on SSD shares. Zacks Investment Research raised Simpson Manufacturing from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub raised Simpson Manufacturing from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th.

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Shares of Simpson Manufacturing Company, Inc. (NYSE:SSD) traded down 0.53% on Wednesday, hitting $49.26. The company’s stock had a trading volume of 5,533 shares. Simpson Manufacturing Company, Inc. has a 52 week low of $39.82 and a 52 week high of $50.10. The stock’s 50-day moving average price is $46.48 and its 200-day moving average price is $43.53. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 24.03 and a beta of 1.40.

Simpson Manufacturing (NYSE:SSD) last released its earnings results on Thursday, July 27th. The construction company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. The firm had revenue of $263.00 million during the quarter, compared to the consensus estimate of $259.05 million. Simpson Manufacturing had a return on equity of 10.26% and a net margin of 10.78%. The company’s revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 EPS. Equities analysts expect that Simpson Manufacturing Company, Inc. will post $2.09 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 26th. Stockholders of record on Thursday, October 5th will be given a dividend of $0.21 per share. The ex-dividend date is Wednesday, October 4th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.70%. Simpson Manufacturing’s payout ratio is 40.98%.

Simpson Manufacturing Profile

Simpson Manufacturing Co, Inc, through its subsidiary, Simpson Strong-Tie Company Inc (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction. The Company’s segments are North America, Europe, Asia/Pacific, and Administrative & All Other.

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Institutional Ownership by Quarter for Simpson Manufacturing (NYSE:SSD)

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