Chicago Equity Partners LLC increased its position in shares of MSA Safety Incorporporated (NYSE:MSA) by 18.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,965 shares of the industrial products company’s stock after buying an additional 2,435 shares during the period. Chicago Equity Partners LLC’s holdings in MSA Safety Incorporporated were worth $1,269,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MSA. Riverhead Capital Management LLC increased its stake in shares of MSA Safety Incorporporated by 58.1% during the second quarter. Riverhead Capital Management LLC now owns 1,265 shares of the industrial products company’s stock valued at $103,000 after buying an additional 465 shares during the period. Citigroup Inc. increased its stake in shares of MSA Safety Incorporporated by 18.3% during the second quarter. Citigroup Inc. now owns 1,401 shares of the industrial products company’s stock valued at $114,000 after buying an additional 217 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of MSA Safety Incorporporated by 8.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,560 shares of the industrial products company’s stock valued at $127,000 after buying an additional 124 shares during the period. Royal Bank of Canada increased its stake 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 valued at $133,000 after buying an additional 53 shares during the period. Finally, Pacad Investment Ltd. increased its stake in shares of MSA Safety Incorporporated by 27.8% during the second quarter. Pacad Investment Ltd. now owns 2,300 shares of the industrial products company’s stock valued at $187,000 after buying an additional 500 shares during the period. Hedge funds and other institutional investors own 66.79% of the company’s stock.

In other MSA Safety Incorporporated news, insider Kerry M. Bove sold 5,947 shares of MSA Safety Incorporporated stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $80.21, for a total value of $477,008.87. Following the transaction, the insider now owns 66,863 shares in the company, valued at $5,363,081.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Markus H. Weber sold 2,300 shares of MSA Safety Incorporporated stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $71.08, for a total value of $163,484.00. Following the completion of 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. Insiders sold 64,834 shares of company stock worth $4,847,536 in the last quarter. 11.47% of the stock is owned by insiders.

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MSA Safety Incorporporated (NYSE:MSA) opened at $79.26 on Wednesday. MSA Safety Incorporporated has a 52 week low of $61.48 and a 52 week 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 stock has a market capitalization of $2,984.37, a PE ratio of 25.07 and a beta of 1.68.

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

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 10th. Shareholders of record on Tuesday, November 14th will be paid a $0.35 dividend. The ex-dividend date is Monday, November 13th. This represents a $1.40 annualized dividend and a yield of 1.77%. MSA Safety Incorporporated’s dividend payout ratio (DPR) is presently 64.52%.

Several equities analysts have recently commented on MSA shares. Zacks Investment Research lowered MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. 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. Barrington Research restated a “market perform” rating on shares of MSA Safety Incorporporated in a research note on Monday, October 23rd. BidaskClub lowered MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Finally, Stifel Nicolaus restated a “buy” rating and set a $91.00 price target on shares of MSA Safety Incorporporated in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $89.00.

MSA Safety Incorporporated Company 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.

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

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