ORG Partners LLC Reduces Position in MSA Safety Incorporporated (NYSE:MSA)

ORG Partners LLC lowered its holdings in MSA Safety Incorporporated (NYSE:MSA) by 5.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,450 shares of the industrial products company’s stock after selling 375 shares during the period. ORG Partners LLC’s holdings in MSA Safety Incorporporated were worth $949,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SRS Capital Advisors Inc. increased its holdings in MSA Safety Incorporporated by 120.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. GAMMA Investing LLC grew its position in shares of MSA Safety Incorporporated by 39.4% during the first quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock worth $39,000 after buying an additional 76 shares in the last quarter. UMB Bank n.a. grew its position in shares of MSA Safety Incorporporated by 54.4% during the first quarter. UMB Bank n.a. now owns 281 shares of the industrial products company’s stock worth $41,000 after buying an additional 99 shares in the last quarter. First Horizon Advisors Inc. increased its stake in shares of MSA Safety Incorporporated by 81.3% in the fourth quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company’s stock worth $55,000 after buying an additional 148 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in MSA Safety Incorporporated by 24.7% in the first quarter. Fifth Third Bancorp now owns 682 shares of the industrial products company’s stock valued at $100,000 after acquiring an additional 135 shares in the last quarter. Hedge funds and other institutional investors own 92.51% of the company’s stock.

Insider Activity at MSA Safety Incorporporated

In related news, Chairman Nishan J. Vartanian sold 30,000 shares of MSA Safety Incorporporated stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $161.32, for a total value of $4,839,600.00. Following the sale, the chairman now directly owns 35,401 shares in the company, valued at $5,710,889.32. This trade represents a 45.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.70% of the company’s stock.

MSA Safety Incorporporated Stock Up 0.5%

MSA stock opened at $164.98 on Friday. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of 22.76 and a beta of 0.95. MSA Safety Incorporporated has a 1-year low of $127.86 and a 1-year high of $200.61. The firm has a fifty day moving average price of $157.01 and a two-hundred day moving average price of $159.27. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.94 and a quick ratio of 1.84.

MSA Safety Incorporporated (NYSE:MSA) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. MSA Safety Incorporporated had a net margin of 15.77% and a return on equity of 27.65%. The business had revenue of $421.34 million during the quarter, compared to the consensus estimate of $402.60 million. During the same quarter in the prior year, the firm earned $1.61 EPS. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. Research analysts predict that MSA Safety Incorporporated will post 8.06 EPS for the current year.

MSA Safety Incorporporated Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a $0.53 dividend. This is an increase from MSA Safety Incorporporated’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.12 annualized dividend and a dividend yield of 1.29%. MSA Safety Incorporporated’s dividend payout ratio (DPR) is 29.24%.

Analysts Set New Price Targets

MSA has been the topic of a number of research analyst reports. Robert W. Baird set a $166.00 price objective on shares of MSA Safety Incorporporated in a research note on Monday, May 5th. Wall Street Zen raised shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a research report on Saturday, May 10th. DA Davidson lowered their price objective on MSA Safety Incorporporated from $188.00 to $183.00 and set a “buy” rating for the company in a report on Monday, May 5th. Finally, B. Riley restated a “buy” rating and set a $195.00 price objective (down previously from $200.00) on shares of MSA Safety Incorporporated in a research note on Thursday, May 1st. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, MSA Safety Incorporporated currently has an average rating of “Moderate Buy” and a consensus target price of $191.80.

MSA Safety Incorporporated 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.