MSA Safety Incorporated (NYSE:MSA) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its holdings in MSA Safety Incorporated (NYSE:MSA - Free Report) by 7.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,893 shares of the industrial products company's stock after buying an additional 23,931 shares during the quarter. Janus Henderson Group PLC owned approximately 0.85% of MSA Safety worth $55,514,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MSA. UMB Bank n.a. raised its position in MSA Safety by 78.4% in the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company's stock worth $30,000 after buying an additional 80 shares during the last quarter. SRS Capital Advisors Inc. grew its stake in shares of MSA Safety by 120.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company's stock worth $37,000 after acquiring an additional 123 shares during the period. JFS Wealth Advisors LLC lifted its position in MSA Safety by 97.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 251 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 124 shares during the period. First Horizon Advisors Inc. boosted its holdings in MSA Safety by 81.3% in the fourth quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company's stock worth $55,000 after purchasing an additional 148 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in MSA Safety by 8.2% in the fourth quarter. Covestor Ltd now owns 869 shares of the industrial products company's stock worth $144,000 after purchasing an additional 66 shares during the last quarter. 92.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Chairman Nishan J. Vartanian sold 30,000 shares of the business's stock in a transaction on 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 transaction, the chairman now directly owns 35,401 shares in the company, valued at $5,710,889.32. The trade was a 45.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Jonathan D. Buck sold 717 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $159.00, for a total value of $114,003.00. Following the completion of the transaction, the chief accounting officer now directly owns 3,673 shares in the company, valued at $584,007. This represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

MSA Safety Trading Down 0.4%

Shares of NYSE:MSA traded down $0.64 during trading on Monday, hitting $158.86. The company had a trading volume of 24,783 shares, compared to its average volume of 180,350. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 22.04 and a beta of 0.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.79 and a quick ratio of 1.76. The company has a fifty day simple moving average of $149.43 and a two-hundred day simple moving average of $160.64. MSA Safety Incorporated has a one year low of $127.86 and a one year high of $200.61.

MSA Safety (NYSE:MSA - Get Free Report) last announced its earnings results on Tuesday, April 29th. The industrial products company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.09. The business had revenue of $421.34 million for the quarter, compared to the consensus estimate of $402.60 million. MSA Safety had a net margin of 15.76% and a return on equity of 28.64%. The business's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.61 earnings per share. As a group, equities analysts forecast that MSA Safety Incorporated will post 8.06 earnings per share for the current year.

MSA Safety Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be issued a $0.53 dividend. This is an increase from MSA Safety's previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, May 15th. MSA Safety's payout ratio is presently 29.24%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. B. Riley reissued a "buy" rating and issued a $195.00 target price (down from $200.00) on shares of MSA Safety in a research report on Thursday, May 1st. Robert W. Baird set a $166.00 price objective on shares of MSA Safety in a research note on Monday, May 5th. StockNews.com upgraded shares of MSA Safety from a "hold" rating to a "buy" rating in a research report on Saturday, May 10th. Finally, DA Davidson reduced their target price on shares of MSA Safety from $188.00 to $183.00 and set a "buy" rating for the company in a report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, MSA Safety currently has a consensus rating of "Moderate Buy" and a consensus target price of $191.80.

MSA Safety 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.