Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Sold by Nia Impact Advisors LLC

Nia Impact Advisors LLC decreased its holdings in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,275 shares of the construction company's stock after selling 2,154 shares during the period. Simpson Manufacturing makes up 4.6% of Nia Impact Advisors LLC's portfolio, making the stock its biggest holding. Nia Impact Advisors LLC owned 0.20% of Simpson Manufacturing worth $14,141,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SSD. Nomura Holdings Inc. purchased a new stake in shares of Simpson Manufacturing in the fourth quarter worth approximately $928,000. NorthRock Partners LLC bought a new position in shares of Simpson Manufacturing in the fourth quarter valued at approximately $728,000. Numerai GP LLC bought a new position in shares of Simpson Manufacturing in the fourth quarter valued at approximately $1,360,000. Cetera Investment Advisers raised its position in shares of Simpson Manufacturing by 27.2% in the fourth quarter. Cetera Investment Advisers now owns 4,313 shares of the construction company's stock valued at $715,000 after purchasing an additional 923 shares during the period. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of Simpson Manufacturing in the fourth quarter worth $2,172,000. 93.68% of the stock is owned by hedge funds and other institutional investors.

Simpson Manufacturing Price Performance

Shares of Simpson Manufacturing stock traded up $0.77 during trading on Friday, reaching $163.91. The company's stock had a trading volume of 263,970 shares, compared to its average volume of 272,175. The stock has a 50-day moving average price of $154.04 and a two-hundred day moving average price of $166.46. The company has a current ratio of 3.21, a quick ratio of 1.59 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 $6.86 billion, a P/E ratio of 21.57 and a beta of 1.34.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The construction company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.14. The firm had revenue of $538.90 million during the quarter, compared to analysts' expectations of $531.81 million. Simpson Manufacturing had a return on equity of 18.00% and a net margin of 14.44%. The company's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.77 EPS. As a group, sell-side analysts anticipate that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current fiscal year.

Simpson Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd will be given a dividend of $0.29 per share. This is a positive change from Simpson Manufacturing's previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, July 3rd. Simpson Manufacturing's payout ratio is presently 15.10%.

Insider Transactions at Simpson Manufacturing

In related news, EVP Michael Andersen sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $169.98, for a total value of $169,980.00. Following the completion of the transaction, the executive vice president now directly owns 8,810 shares in the company, valued at approximately $1,497,523.80. The trade was a 10.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.42% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. DA Davidson lowered 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 note on Tuesday, March 11th. Robert W. Baird cut their price objective on Simpson Manufacturing from $196.00 to $192.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th.

About Simpson Manufacturing

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.