Natixis Has $9.18 Million Holdings in Simpson Manufacturing Co., Inc. (NYSE:SSD)

Natixis boosted its position in Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) by 216.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,335 shares of the construction company's stock after purchasing an additional 37,844 shares during the period. Natixis owned approximately 0.13% of Simpson Manufacturing worth $9,176,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SSD. MML Investors Services LLC bought a new position in shares of Simpson Manufacturing during the 3rd quarter worth about $290,000. Barclays PLC grew its position in shares of Simpson Manufacturing by 42.0% during the 3rd quarter. Barclays PLC now owns 24,179 shares of the construction company's stock worth $4,624,000 after buying an additional 7,155 shares during the period. SkyView Investment Advisors LLC boosted its holdings in Simpson Manufacturing by 1.8% during the third quarter. SkyView Investment Advisors LLC now owns 9,324 shares of the construction company's stock worth $1,783,000 after buying an additional 163 shares during the last quarter. World Investment Advisors LLC bought a new position in shares of Simpson Manufacturing during the third quarter worth $30,000. Finally, Tidal Investments LLC lifted its holdings in shares of Simpson Manufacturing by 4.8% during the 3rd quarter. Tidal Investments LLC now owns 2,901 shares of the construction company's stock valued at $555,000 after purchasing an additional 133 shares in the last quarter. 93.68% of the stock is currently owned by institutional investors.

Insider Activity at Simpson Manufacturing

In other news, EVP Michael Andersen sold 1,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $169.98, for a total transaction of $169,980.00. Following the completion of the transaction, the executive vice president now owns 8,810 shares of the company's stock, valued at approximately $1,497,523.80. This trade represents a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.42% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on SSD. DA Davidson cut their price objective on shares of Simpson Manufacturing from $195.00 to $185.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. Robert W. Baird reduced their target price on Simpson Manufacturing from $196.00 to $192.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th.

Simpson Manufacturing Price Performance

Shares of SSD traded down $0.81 during midday trading on Friday, hitting $153.63. The company's stock had a trading volume of 171,207 shares, compared to its average volume of 276,342. The company has a quick ratio of 1.59, a current ratio of 3.21 and a debt-to-equity ratio of 0.20. Simpson Manufacturing Co., Inc. has a one year low of $137.35 and a one year high of $197.82. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of 20.21 and a beta of 1.33. The company's fifty day simple moving average is $156.21 and its two-hundred day simple moving average is $169.43.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its earnings results on Monday, February 10th. The construction company reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.04. Simpson Manufacturing had a net margin of 14.44% and a return on equity of 18.00%. As a group, equities analysts expect that Simpson Manufacturing Co., Inc. will post 8.29 earnings per share for the current fiscal year.

Simpson Manufacturing Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $1.12 annualized dividend and a dividend yield of 0.73%. Simpson Manufacturing's dividend payout ratio (DPR) is presently 14.74%.

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.