Diversified Trust Co Has $1.80 Million Stake in MSA Safety Incorporated (NYSE:MSA)

Diversified Trust Co lifted its holdings in MSA Safety Incorporated (NYSE:MSA) by 63.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,837 shares of the industrial products company’s stock after purchasing an additional 4,205 shares during the quarter. Diversified Trust Co’s holdings in MSA Safety were worth $1,796,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Retirement Systems of Alabama boosted its holdings in shares of MSA Safety by 2.4% in the third quarter. Retirement Systems of Alabama now owns 97,719 shares of the industrial products company’s stock valued at $17,329,000 after buying an additional 2,282 shares during the period. Tidal Investments LLC lifted its position in MSA Safety by 1.1% in the 3rd quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company’s stock valued at $1,429,000 after acquiring an additional 90 shares in the last quarter. Geode Capital Management LLC boosted its stake in MSA Safety by 27.6% in the 3rd quarter. Geode Capital Management LLC now owns 781,705 shares of the industrial products company’s stock worth $138,658,000 after purchasing an additional 169,168 shares during the period. Barclays PLC increased its holdings in MSA Safety by 62.0% during the 3rd quarter. Barclays PLC now owns 16,688 shares of the industrial products company’s stock worth $2,959,000 after purchasing an additional 6,384 shares in the last quarter. Finally, National Bank of Canada FI acquired a new stake in shares of MSA Safety in the 3rd quarter valued at about $198,000. 92.51% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MSA. DA Davidson started coverage on MSA Safety in a research report on Thursday, December 19th. They set a “buy” rating and a $195.00 price objective for the company. B. Riley began coverage on shares of MSA Safety in a research note on Tuesday, November 5th. They set a “buy” rating and a $200.00 price target for the company. Finally, Jefferies Financial Group assumed coverage on shares of MSA Safety in a research report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price objective on the stock. One analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $202.50.

MSA Safety Stock Up 0.6 %

MSA stock opened at $161.09 on Thursday. The company has a market cap of $6.33 billion, a price-to-earnings ratio of 23.28 and a beta of 1.00. MSA Safety Incorporated has a twelve month low of $158.91 and a twelve month high of $200.60. The business has a 50 day moving average price of $170.82 and a two-hundred day moving average price of $176.60. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48.

MSA Safety (NYSE:MSA) last released its earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%. The business had revenue of $432.68 million during the quarter, compared to analysts’ expectations of $449.95 million. During the same period last year, the business earned $1.78 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. Analysts anticipate that MSA Safety Incorporated will post 7.66 EPS for the current fiscal year.

MSA Safety Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.27%. MSA Safety’s payout ratio is 29.48%.

MSA Safety Company 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.