Robeco Schweiz AG Buys 16,500 Shares of Simpson Manufacturing Company, Inc. (NYSE:SSD)

Robeco Schweiz AG raised its stake in Simpson Manufacturing Company, Inc. (NYSE:SSD - Free Report) by 106.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,000 shares of the construction company's stock after buying an additional 16,500 shares during the quarter. Robeco Schweiz AG owned 0.08% of Simpson Manufacturing worth $5,027,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SSD. Jones Financial Companies Lllp increased its stake in Simpson Manufacturing by 1,542.3% in the 4th quarter. Jones Financial Companies Lllp now owns 427 shares of the construction company's stock valued at $71,000 after buying an additional 401 shares during the period. Proficio Capital Partners LLC acquired a new position in Simpson Manufacturing in the 4th quarter valued at approximately $3,162,000. PNC Financial Services Group Inc. grew its position in Simpson Manufacturing by 24.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,643 shares of the construction company's stock worth $272,000 after acquiring an additional 318 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Simpson Manufacturing by 12.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,790 shares of the construction company's stock worth $1,789,000 after acquiring an additional 1,175 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in Simpson Manufacturing by 33.7% in the fourth quarter. HighTower Advisors LLC now owns 7,683 shares of the construction company's stock worth $1,274,000 after acquiring an additional 1,937 shares in the last quarter. Institutional investors and hedge funds own 93.68% of the company's stock.

Simpson Manufacturing Stock Down 0.6%

SSD stock traded down $1.09 during trading hours on Friday, hitting $167.01. The company's stock had a trading volume of 236,396 shares, compared to its average volume of 252,836. The company has a quick ratio of 1.54, a current ratio of 3.17 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $6.99 billion, a PE ratio of 21.75 and a beta of 1.28. Simpson Manufacturing Company, Inc. has a 12 month low of $137.35 and a 12 month high of $197.82. The stock has a 50 day moving average price of $158.56 and a two-hundred day moving average price of $159.85.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its earnings results on Monday, April 28th. The construction company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.71 by $0.14. The company had revenue of $538.90 million during the quarter, compared to the consensus estimate of $531.81 million. Simpson Manufacturing had a net margin of 14.49% and a return on equity of 17.80%. The company's revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.77 earnings per share. On average, equities research analysts expect that Simpson Manufacturing Company, Inc. will post 8.29 earnings per share for the current year.

Simpson Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 3rd will be issued a dividend of $0.29 per share. This is an increase from Simpson Manufacturing's previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Thursday, July 3rd. Simpson Manufacturing's dividend payout ratio is currently 15.10%.

Simpson Manufacturing Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.