11,692 MSA Safety Incorporporated $MSA Shares Bought by Vest Financial LLC

Vest Financial LLC grew its position in shares of MSA Safety Incorporporated (NYSE:MSA) by 36.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,595 shares of the industrial products company’s stock after acquiring an additional 11,692 shares during the quarter. Vest Financial LLC owned about 0.11% of MSA Safety Incorporporated worth $7,755,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. boosted its stake in MSA Safety Incorporporated by 4.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,004 shares of the industrial products company’s stock valued at $356,000 after purchasing an additional 87 shares during the period. Nisa Investment Advisors LLC grew its position in MSA Safety Incorporporated by 11.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,622 shares of the industrial products company’s stock worth $822,000 after purchasing an additional 488 shares during the last quarter. Net Worth Advisory Group grew its position in MSA Safety Incorporporated by 5.3% in the 3rd quarter. Net Worth Advisory Group now owns 1,783 shares of the industrial products company’s stock worth $319,000 after purchasing an additional 89 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in MSA Safety Incorporporated by 6.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 8,245 shares of the industrial products company’s stock worth $1,467,000 after purchasing an additional 470 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in shares of MSA Safety Incorporporated by 65.9% in the third quarter. IFP Advisors Inc now owns 360 shares of the industrial products company’s stock valued at $64,000 after purchasing an additional 143 shares during the period. Institutional investors own 92.51% of the company’s stock.

Insider Buying and Selling

In related news, Chairman Nishan Vartanian sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $193.99, for a total transaction of $3,879,800.00. Following the transaction, the chairman owned 50,324 shares in the company, valued at $9,762,352.76. This trade represents a 28.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Jonathan Buck sold 469 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $191.00, for a total value of $89,579.00. Following the sale, the chief accounting officer directly owned 3,776 shares in the company, valued at approximately $721,216. The trade was a 11.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

MSA has been the topic of a number of recent analyst reports. B. Riley Financial cut MSA Safety Incorporporated from a “buy” rating to a “neutral” rating and cut their price target for the company from $210.00 to $195.00 in a report on Monday, August 3rd. Robert W. Baird increased their price objective on MSA Safety Incorporporated from $197.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. DA Davidson set a $223.00 target price on MSA Safety Incorporporated in a research report on Tuesday, August 4th. Weiss Ratings raised MSA Safety Incorporporated from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 6th. Finally, JPMorgan Chase & Co. boosted their price target on MSA Safety Incorporporated from $210.00 to $220.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, MSA Safety Incorporporated has a consensus rating of “Hold” and a consensus target price of $211.33.

MSA Safety Incorporporated Stock Up 0.5%

MSA Safety Incorporporated stock opened at $184.21 on Friday. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of 21.05 and a beta of 0.92. The company has a current ratio of 3.24, a quick ratio of 2.02 and a debt-to-equity ratio of 0.42. The company’s 50-day moving average price is $183.87 and its two-hundred day moving average price is $175.75. MSA Safety Incorporporated has a 52 week low of $151.10 and a 52 week high of $208.92.

MSA Safety Incorporporated (NYSE:MSA) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.26. The company had revenue of $503.33 million for the quarter, compared to the consensus estimate of $496.27 million. MSA Safety Incorporporated had a net margin of 16.13% and a return on equity of 25.13%. MSA Safety Incorporporated’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.93 EPS. On average, analysts expect that MSA Safety Incorporporated will post 9.08 EPS for the current fiscal year.

MSA Safety Incorporporated Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a $0.54 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.16 annualized dividend and a dividend yield of 1.2%. MSA Safety Incorporporated’s dividend payout ratio (DPR) is 26.87%.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated (NYSE: MSA) develops and manufactures safety products and systems designed to protect workers and facility operations. Its offerings include industrial and firefighter helmets, eye and face protection, hearing protection, respiratory protection, protective clothing, and fall-protection equipment.

The company also provides portable and fixed gas-detection systems, flame detection and suppression technologies, thermal imaging cameras, and related software and services.