Pacer Advisors Inc. Purchases 5,154 Shares of Simpson Manufacturing Co., Inc. (NYSE:SSD)

Pacer Advisors Inc. grew its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) by 103.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,145 shares of the construction company's stock after buying an additional 5,154 shares during the quarter. Pacer Advisors Inc.'s holdings in Simpson Manufacturing were worth $2,009,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. increased its stake in shares of Simpson Manufacturing by 5.8% during the first quarter. American Century Companies Inc. now owns 10,786 shares of the construction company's stock valued at $1,176,000 after purchasing an additional 587 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Simpson Manufacturing by 4.2% during the 1st quarter. HighTower Advisors LLC now owns 2,757 shares of the construction company's stock worth $300,000 after acquiring an additional 111 shares during the last quarter. AlphaCrest Capital Management LLC purchased a new position in shares of Simpson Manufacturing during the 1st quarter worth $231,000. Bank of Montreal Can boosted its stake in shares of Simpson Manufacturing by 4.0% during the 1st quarter. Bank of Montreal Can now owns 3,420 shares of the construction company's stock worth $389,000 after acquiring an additional 133 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Simpson Manufacturing by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,920 shares of the construction company's stock valued at $1,736,000 after buying an additional 1,518 shares in the last quarter. 93.68% of the stock is currently owned by hedge funds and other institutional investors.

Simpson Manufacturing Stock Up 1.1 %

NYSE SSD traded up $2.27 on Friday, reaching $205.18. 190,230 shares of the stock traded hands, compared to its average volume of 221,728. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.11 and a current ratio of 3.63. The company has a fifty day moving average price of $196.36 and a 200-day moving average price of $174.30. The company has a market cap of $8.71 billion, a price-to-earnings ratio of 24.84 and a beta of 1.31. Simpson Manufacturing Co., Inc. has a 12 month low of $102.13 and a 12 month high of $218.38.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last issued its earnings results on Monday, February 5th. The construction company reported $1.28 earnings per share for the quarter, missing analysts' consensus estimates of $1.53 by ($0.25). The firm had revenue of $501.70 million for the quarter, compared to the consensus estimate of $482.98 million. Simpson Manufacturing had a net margin of 15.99% and a return on equity of 22.06%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $1.35 earnings per share. As a group, research analysts forecast that Simpson Manufacturing Co., Inc. will post 8.74 EPS for the current fiscal year.

Simpson Manufacturing Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Thursday, April 4th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Wednesday, April 3rd. Simpson Manufacturing's payout ratio is 13.08%.

Analyst Ratings Changes

Several analysts recently issued reports on SSD shares. Robert W. Baird lifted their target price on Simpson Manufacturing from $198.00 to $205.00 and gave the company an "outperform" rating in a research note on Tuesday, February 6th. StockNews.com cut Simpson Manufacturing from a "buy" rating to a "hold" rating in a report on Wednesday.

Insider Transactions at Simpson Manufacturing

In other news, EVP Roger Dankel sold 850 shares of the business's stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $198.08, for a total value of $168,368.00. Following the completion of the transaction, the executive vice president now directly owns 28,764 shares of the company's stock, valued at approximately $5,697,573.12. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Roger Dankel sold 850 shares of the company's stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $198.08, for a total transaction of $168,368.00. Following the transaction, the executive vice president now directly owns 28,764 shares of the company's stock, valued at approximately $5,697,573.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jennifer Chatman sold 934 shares of the company's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $192.48, for a total value of $179,776.32. Following the transaction, the director now directly owns 14,638 shares in the company, valued at $2,817,522.24. The disclosure for this sale can be found here. In the last three months, insiders sold 4,634 shares of company stock valued at $927,460. Corporate insiders own 0.42% of the company's stock.

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.