Great West Life Assurance Co. Can raised its position in shares of MSA Safety Incorporated (NYSE:MSA) by 4.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,695 shares of the industrial products company’s stock after acquiring an additional 757 shares during the period. Great West Life Assurance Co. Can owned approximately 0.05% of MSA Safety worth $1,590,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. BlackRock Inc. raised its position in MSA Safety by 2.4% during the second quarter. BlackRock Inc. now owns 3,269,220 shares of the industrial products company’s stock valued at $265,362,000 after purchasing an additional 76,591 shares in the last quarter. Vanguard Group Inc. raised its position in MSA Safety by 3.9% during the second quarter. Vanguard Group Inc. now owns 3,179,874 shares of the industrial products company’s stock valued at $258,111,000 after purchasing an additional 119,428 shares in the last quarter. State Street Corp increased its holdings in shares of MSA Safety by 39.7% during the second quarter. State Street Corp now owns 2,931,757 shares of the industrial products company’s stock worth $237,966,000 after buying an additional 833,603 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of MSA Safety by 8.9% during the third quarter. Bank of New York Mellon Corp now owns 1,402,315 shares of the industrial products company’s stock worth $111,498,000 after buying an additional 114,540 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of MSA Safety by 7.5% in the third quarter. Principal Financial Group Inc. now owns 914,562 shares of the industrial products company’s stock worth $72,717,000 after purchasing an additional 63,465 shares during the last quarter. Institutional investors own 67.20% of the company’s stock.

In other MSA Safety news, Chairman William M. Lambert sold 29,798 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $79.91, for a total value of $2,381,158.18. Following the completion of the sale, the chairman now owns 164,468 shares in the company, valued at approximately $13,142,637.88. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Nishan J. Vartanian sold 705 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $79.46, for a total transaction of $56,019.30. Following the completion of the sale, the insider now owns 32,160 shares of the company’s stock, valued at approximately $2,555,433.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 113,413 shares of company stock valued at $9,074,831. Company insiders own 11.47% of the company’s stock.

Several brokerages recently weighed in on MSA. Zacks Investment Research raised shares of MSA Safety from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research note on Thursday, November 9th. Barrington Research reissued a “market perform” rating on shares of MSA Safety in a research note on Monday, October 23rd. Finally, Robert W. Baird upped their price target on shares of MSA Safety from $80.00 to $89.00 and gave the company a “neutral” rating in a research report on Sunday, October 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $89.00.

MSA Safety Incorporated (NYSE MSA) opened at $79.67 on Wednesday. The company has a current ratio of 2.11, a quick ratio of 1.52 and a debt-to-equity ratio of 0.72. MSA Safety Incorporated has a fifty-two week low of $65.95 and a fifty-two week high of $86.36. The firm has a market cap of $3,068.42, a PE ratio of 25.78 and a beta of 1.69.

MSA Safety (NYSE:MSA) last posted its earnings results on Thursday, October 19th. The industrial products company reported $0.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.13. MSA Safety had a net margin of 7.32% and a return on equity of 20.56%. The company had revenue of $296.13 million for the quarter, compared to analyst estimates of $298.47 million. During the same quarter in the prior year, the business posted $0.72 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. sell-side analysts forecast that MSA Safety Incorporated will post 3.31 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, December 10th. Shareholders of record on Tuesday, November 14th were paid a $0.35 dividend. The ex-dividend date was Monday, November 13th. This represents a $1.40 annualized dividend and a yield of 1.76%. MSA Safety’s dividend payout ratio (DPR) is 64.52%.

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MSA Safety 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 (NYSE:MSA)

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