Jump Financial LLC Has $2.94 Million Holdings in MSA Safety Incorporated (NYSE:MSA)

Jump Financial LLC raised its stake in MSA Safety Incorporated (NYSE:MSA - Free Report) by 141.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,401 shares of the industrial products company's stock after acquiring an additional 10,180 shares during the quarter. Jump Financial LLC's holdings in MSA Safety were worth $2,938,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. AGF Management Ltd. purchased a new position in shares of MSA Safety during the 4th quarter worth $2,781,000. BNP Paribas Financial Markets increased its holdings in shares of MSA Safety by 175.0% during the 4th quarter. BNP Paribas Financial Markets now owns 20,415 shares of the industrial products company's stock worth $3,447,000 after buying an additional 12,991 shares during the last quarter. Mesirow Institutional Investment Management Inc. raised its position in shares of MSA Safety by 0.8% in the 4th quarter. Mesirow Institutional Investment Management Inc. now owns 17,522 shares of the industrial products company's stock worth $2,958,000 after buying an additional 143 shares during the period. Smithfield Trust Co boosted its holdings in MSA Safety by 59.7% in the fourth quarter. Smithfield Trust Co now owns 35,238 shares of the industrial products company's stock valued at $5,948,000 after acquiring an additional 13,177 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in MSA Safety by 1.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 381,722 shares of the industrial products company's stock worth $64,446,000 after acquiring an additional 4,071 shares during the last quarter. 92.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at MSA Safety

In other MSA Safety news, Director Rebecca B. Roberts sold 1,100 shares of MSA Safety stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total transaction of $200,024.00. Following the sale, the director now directly owns 8,474 shares in the company, valued at approximately $1,540,912.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Rebecca B. Roberts sold 1,100 shares of MSA Safety stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total value of $200,024.00. Following the completion of the transaction, the director now directly owns 8,474 shares in the company, valued at $1,540,912.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nishan J. Vartanian sold 4,099 shares of the business's stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $185.75, for a total value of $761,389.25. Following the completion of the sale, the chief executive officer now directly owns 67,800 shares of the company's stock, valued at $12,593,850. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,504 shares of company stock valued at $3,056,181. Insiders own 6.07% of the company's stock.

MSA Safety Stock Down 0.4 %

NYSE MSA traded down $0.75 on Monday, reaching $189.03. The company had a trading volume of 99,361 shares, compared to its average volume of 142,121. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.51 and a quick ratio of 1.54. MSA Safety Incorporated has a 1 year low of $136.43 and a 1 year high of $196.02. The firm has a 50-day moving average of $188.07 and a 200-day moving average of $175.31. The firm has a market capitalization of $7.44 billion, a PE ratio of 28.47 and a beta of 1.01.

MSA Safety (NYSE:MSA - Get Free Report) last released its quarterly earnings results on Monday, April 29th. The industrial products company reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.14. MSA Safety had a net margin of 14.81% and a return on equity of 31.51%. The business had revenue of $413.00 million during the quarter, compared to analyst estimates of $428.38 million. During the same period last year, the business earned $1.36 EPS. The business's revenue was up 3.7% on a year-over-year basis. On average, equities research analysts anticipate that MSA Safety Incorporated will post 7.75 EPS for the current fiscal year.

MSA Safety Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be paid a $0.51 dividend. This is a boost from MSA Safety's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.08%. MSA Safety's payout ratio is 27.85%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of MSA Safety from a "hold" rating to a "buy" rating in a report on Friday, February 23rd. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, MSA Safety presently has a consensus rating of "Moderate Buy" and a consensus price target of $189.50.

About MSA Safety

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.