Diversified Trust Co Purchases 2,750 Shares of MSA Safety Incorporporated (NYSE:MSA)

Diversified Trust Co raised its position in MSA Safety Incorporporated (NYSE:MSA - Free Report) by 25.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,587 shares of the industrial products company's stock after acquiring an additional 2,750 shares during the quarter. Diversified Trust Co's holdings in MSA Safety Incorporporated were worth $1,993,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MSA. First Horizon Advisors Inc. lifted its holdings in MSA Safety Incorporporated by 81.3% in the fourth quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company's stock valued at $55,000 after acquiring an additional 148 shares during the period. Bank of New York Mellon Corp lifted its holdings in MSA Safety Incorporporated by 2.3% in the fourth quarter. Bank of New York Mellon Corp now owns 767,634 shares of the industrial products company's stock valued at $127,251,000 after acquiring an additional 17,052 shares during the period. Proficio Capital Partners LLC bought a new position in MSA Safety Incorporporated in the fourth quarter valued at about $3,930,000. Anchor Capital Advisors LLC lifted its holdings in MSA Safety Incorporporated by 18.8% in the fourth quarter. Anchor Capital Advisors LLC now owns 10,700 shares of the industrial products company's stock valued at $1,774,000 after acquiring an additional 1,694 shares during the period. Finally, US Bancorp DE lifted its holdings in MSA Safety Incorporporated by 3.9% in the fourth quarter. US Bancorp DE now owns 2,190 shares of the industrial products company's stock valued at $363,000 after acquiring an additional 83 shares during the period. Institutional investors own 92.51% of the company's stock.

MSA Safety Incorporporated Price Performance

Shares of MSA Safety Incorporporated stock opened at $167.10 on Friday. MSA Safety Incorporporated has a one year low of $127.86 and a one year high of $200.61. The stock's fifty day moving average is $159.87 and its 200 day moving average is $158.91. The stock has a market cap of $6.57 billion, a P/E ratio of 23.05 and a beta of 0.95. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.84 and a current ratio of 2.94.

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.09. The business had revenue of $421.34 million for the quarter, compared to analysts' expectations of $402.60 million. MSA Safety Incorporporated had a return on equity of 27.65% and a net margin of 15.77%. The business's quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the firm earned $1.61 earnings per share. Sell-side analysts anticipate that MSA Safety Incorporporated will post 8.06 earnings per share for the current year.

MSA Safety Incorporporated Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Thursday, May 15th. This is a boost from MSA Safety Incorporporated's previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a yield of 1.27%. MSA Safety Incorporporated's dividend payout ratio (DPR) is currently 29.24%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. B. Riley reissued a "buy" rating and issued a $195.00 target price (down previously from $200.00) on shares of MSA Safety Incorporporated in a report on Thursday, May 1st. Wall Street Zen raised MSA Safety Incorporporated from a "hold" rating to a "buy" rating in a report on Friday. Robert W. Baird set a $166.00 target price on MSA Safety Incorporporated in a report on Monday, May 5th. Finally, DA Davidson decreased their target price on MSA Safety Incorporporated from $188.00 to $183.00 and set a "buy" rating on the stock in a report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $191.80.

Insider Buying and Selling at MSA Safety Incorporporated

In other MSA Safety Incorporporated news, Chairman Nishan J. Vartanian sold 30,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $161.32, for a total transaction of $4,839,600.00. Following the sale, the chairman now directly owns 35,401 shares of the company's stock, valued at $5,710,889.32. This trade represents a 45.87% 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. Insiders own 0.70% of the company's stock.

MSA Safety Incorporporated Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.

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