Alps Advisors Inc. grew its holdings in MSA Safety Incorporporated (NYSE:MSA) by 24.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,931 shares of the industrial products company’s stock after purchasing an additional 776 shares during the quarter. Alps Advisors Inc.’s holdings in MSA Safety Incorporporated were worth $313,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Riverhead Capital Management LLC raised its holdings in shares of MSA Safety Incorporporated by 58.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,265 shares of the industrial products company’s stock valued at $103,000 after purchasing an additional 465 shares in the last quarter. Citigroup Inc. raised its holdings in shares of MSA Safety Incorporporated by 18.3% in the 2nd quarter. Citigroup Inc. now owns 1,401 shares of the industrial products company’s stock valued at $114,000 after purchasing an additional 217 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of MSA Safety Incorporporated by 8.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,560 shares of the industrial products company’s stock valued at $127,000 after purchasing an additional 124 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of MSA Safety Incorporporated by 3.3% in the 2nd quarter. Royal Bank of Canada now owns 1,643 shares of the industrial products company’s stock valued at $133,000 after purchasing an additional 53 shares in the last quarter. Finally, Pacad Investment Ltd. raised its holdings in shares of MSA Safety Incorporporated by 27.8% in the 2nd quarter. Pacad Investment Ltd. now owns 2,300 shares of the industrial products company’s stock valued at $187,000 after purchasing an additional 500 shares in the last quarter. Institutional investors and hedge funds own 67.37% of the company’s stock.

MSA Safety Incorporporated (NYSE:MSA) opened at $80.22 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.11 and a quick ratio of 1.52. MSA Safety Incorporporated has a 12-month low of $61.75 and a 12-month high of $85.80. The stock has a market cap of $3,034.57, a P/E ratio of 25.49 and a beta of 1.68.

MSA Safety Incorporporated (NYSE:MSA) last issued its quarterly earnings data on Thursday, October 19th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.13. The firm had revenue of $296.13 million for the quarter, compared to the consensus estimate of $298.47 million. MSA Safety Incorporporated had a net margin of 7.32% and a return on equity of 20.56%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 EPS. research analysts forecast that MSA Safety Incorporporated will post 3.31 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 10th. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.75%. The ex-dividend date is Monday, November 13th. MSA Safety Incorporporated’s dividend payout ratio is presently 64.52%.

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In other news, Chairman William M. Lambert sold 29,798 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $79.91, for a total value of $2,381,158.18. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William M. Lambert sold 1,200 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $80.00, for a total transaction of $96,000.00. Following the completion of the sale, the chief executive officer now directly owns 164,737 shares in the company, valued at $13,178,960. The disclosure for this sale can be found here. In the last three months, insiders have sold 118,303 shares of company stock worth $9,114,658. 11.47% of the stock is owned by insiders.

Several equities research analysts have recently commented on the stock. Zacks Investment Research lowered shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Robert W. Baird lowered shares of MSA Safety Incorporporated from an “outperform” rating to a “neutral” rating and set a $80.00 price target for the company. in a report on Tuesday, October 3rd. Barrington Research reaffirmed a “market perform” rating on shares of MSA Safety Incorporporated in a research report on Monday, October 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $91.00 price objective on shares of MSA Safety Incorporporated in a research report on Friday, August 4th. Finally, BidaskClub downgraded shares of MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $89.00.

MSA Safety Incorporporated Company Profile

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

Institutional Ownership by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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