MSA Safety Incorporporated (NYSE:MSA) Chairman William M. Lambert sold 29,798 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $79.91, for a total transaction of $2,381,158.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

MSA Safety Incorporporated (NYSE:MSA) traded up $0.43 during mid-day trading on Wednesday, reaching $80.22. 138,300 shares of the company traded hands, compared to its average volume of 211,751. The firm has a market capitalization of $3,034.57, a price-to-earnings ratio of 25.49 and a beta of 1.68. 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 Incorporporated has a 52 week low of $61.75 and a 52 week high of $85.80.

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

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

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of MSA Safety Incorporporated by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,596 shares of the industrial products company’s stock valued at $373,000 after purchasing an additional 18 shares during the period. Capstone Asset Management Co. grew its position in shares of MSA Safety Incorporporated by 0.7% in the second quarter. Capstone Asset Management Co. now owns 2,863 shares of the industrial products company’s stock valued at $232,000 after purchasing an additional 20 shares during the period. Jennison Associates LLC grew its position in shares of MSA Safety Incorporporated by 0.3% in the second quarter. Jennison Associates LLC now owns 8,538 shares of the industrial products company’s stock valued at $693,000 after purchasing an additional 26 shares during the period. Royal Bank of Canada grew its position in shares of MSA Safety Incorporporated by 3.3% in the second 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 during the period. Finally, Bank of Montreal Can grew its position in shares of MSA Safety Incorporporated by 2.0% in the second quarter. Bank of Montreal Can now owns 2,908 shares of the industrial products company’s stock valued at $236,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 67.37% of the company’s stock.

Several research analysts recently issued reports on the stock. BidaskClub raised shares of MSA Safety Incorporporated from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. Robert W. Baird raised their target price on shares of MSA Safety Incorporporated from $80.00 to $89.00 and gave the stock a “neutral” rating in a report on Sunday, October 22nd. Zacks Investment Research raised shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating and set a $91.00 target price for the company in a report on Thursday, October 26th. Stifel Nicolaus reissued a “buy” rating and set a $91.00 target price on shares of MSA Safety Incorporporated in a report on Friday, August 4th. Finally, Barrington Research reissued a “market perform” rating on shares of MSA Safety Incorporporated in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $89.00.

About MSA Safety Incorporporated

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.

Insider Buying and Selling by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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