Whittier Trust Co. Raises Position in Simpson Manufacturing Company, Inc. (NYSE:SSD)

Whittier Trust Co. raised its position in shares of Simpson Manufacturing Company, Inc. (NYSE:SSD - Free Report) by 2.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,358 shares of the construction company's stock after acquiring an additional 1,678 shares during the quarter. Whittier Trust Co. owned about 0.20% of Simpson Manufacturing worth $13,408,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its position in Simpson Manufacturing by 2.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,809 shares of the construction company's stock valued at $447,000 after acquiring an additional 70 shares during the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Simpson Manufacturing by 1.4% in the 1st quarter. Apollon Wealth Management LLC now owns 5,404 shares of the construction company's stock worth $849,000 after acquiring an additional 74 shares during the last quarter. Xponance Inc. raised its holdings in shares of Simpson Manufacturing by 1.5% in the 1st quarter. Xponance Inc. now owns 5,262 shares of the construction company's stock worth $827,000 after acquiring an additional 78 shares during the last quarter. CWM LLC raised its holdings in shares of Simpson Manufacturing by 39.1% in the 1st quarter. CWM LLC now owns 331 shares of the construction company's stock worth $52,000 after acquiring an additional 93 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Simpson Manufacturing by 23.0% in the 4th quarter. Signaturefd LLC now owns 525 shares of the construction company's stock worth $87,000 after acquiring an additional 98 shares during the last quarter. Institutional investors own 93.68% of the company's stock.

Simpson Manufacturing Stock Down 0.6%

Shares of SSD traded down $0.95 on Friday, reaching $158.81. The company's stock had a trading volume of 81,456 shares, compared to its average volume of 251,450. The company has a current ratio of 3.17, a quick ratio of 1.54 and a debt-to-equity ratio of 0.19. Simpson Manufacturing Company, Inc. has a twelve month low of $137.35 and a twelve month high of $197.82. The stock has a market capitalization of $6.64 billion, a PE ratio of 20.66 and a beta of 1.28. The firm has a fifty day moving average of $159.02 and a 200-day moving average of $159.66.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The construction company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.71 by $0.14. The firm had revenue of $538.90 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $1.77 EPS. Equities analysts predict that Simpson Manufacturing Company, Inc. will post 8.29 EPS for the current year.

Simpson Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd will be paid a $0.29 dividend. This is a positive change from Simpson Manufacturing's previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $1.16 annualized dividend and a yield of 0.73%. Simpson Manufacturing's dividend payout ratio (DPR) is 15.10%.

Simpson Manufacturing Company 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.