MSA Safety Inc (NYSE:MSA) Chairman William M. Lambert sold 7,500 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $109.00, for a total transaction of $817,500.00. Following the completion of the transaction, the chairman now owns 24,001 shares in the company, valued at $2,616,109. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of MSA opened at $96.87 on Thursday. The company has a current ratio of 2.50, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The firm has a market cap of $3.38 billion, a PE ratio of 27.92 and a beta of 1.06. The company’s 50 day simple moving average is $124.96 and its 200-day simple moving average is $122.54. MSA Safety Inc has a 12-month low of $83.57 and a 12-month high of $142.34.

MSA Safety (NYSE:MSA) last announced its earnings results on Wednesday, February 19th. The industrial products company reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.08). The business had revenue of $375.26 million for the quarter, compared to analysts’ expectations of $382.60 million. MSA Safety had a return on equity of 27.04% and a net margin of 9.73%. The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $1.27 earnings per share. As a group, equities research analysts forecast that MSA Safety Inc will post 4.97 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.42 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.73%. MSA Safety’s dividend payout ratio (DPR) is presently 35.00%.

Several institutional investors and hedge funds have recently made changes to their positions in MSA. First Trust Advisors LP grew its position in shares of MSA Safety by 16.6% during the first quarter. First Trust Advisors LP now owns 49,793 shares of the industrial products company’s stock worth $5,149,000 after acquiring an additional 7,097 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of MSA Safety during the third quarter worth $284,000. Stifel Financial Corp lifted its holdings in shares of MSA Safety by 2.7% during the third quarter. Stifel Financial Corp now owns 19,184 shares of the industrial products company’s stock worth $2,095,000 after purchasing an additional 509 shares during the period. Covington Capital Management acquired a new stake in shares of MSA Safety during the third quarter worth $178,000. Finally, California State Teachers Retirement System lifted its holdings in shares of MSA Safety by 1.2% during the third quarter. California State Teachers Retirement System now owns 55,022 shares of the industrial products company’s stock worth $6,003,000 after purchasing an additional 657 shares during the period. Institutional investors and hedge funds own 78.01% of the company’s stock.

Several equities analysts have commented on MSA shares. Stifel Nicolaus increased their price target on shares of MSA Safety from $141.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, February 21st. William Blair restated a “market perform” rating on shares of MSA Safety in a research report on Thursday, February 20th. Sidoti upgraded shares of MSA Safety from a “neutral” rating to a “buy” rating and set a $113.00 target price on the stock in a research report on Tuesday. Finally, Zacks Investment Research lowered shares of MSA Safety from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $130.67.

About MSA Safety

MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, utilities, and mining industries worldwide. It operates through Americas and International segments. The company's core product offerings include permanently installed fixed gas and flame detection instruments, such as permanently installed gas detection monitoring systems, and flame detectors and open-path infrared gas detectors, as well as replacement components and related services to detect the presence or absence of various gases in the air.

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