Mountain Pacific Investment Advisers Inc. ID Has $23.79 Million Stake in MSA Safety Incorporated (NYSE:MSA)

Mountain Pacific Investment Advisers Inc. ID lifted its stake in shares of MSA Safety Incorporated (NYSE:MSA) by 35.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 122,898 shares of the industrial products company’s stock after buying an additional 32,054 shares during the quarter. MSA Safety comprises approximately 1.3% of Mountain Pacific Investment Advisers Inc. ID’s investment portfolio, making the stock its 29th largest holding. Mountain Pacific Investment Advisers Inc. ID owned about 0.31% of MSA Safety worth $23,792,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. CWM LLC grew its position in shares of MSA Safety by 50.7% during the 1st quarter. CWM LLC now owns 306 shares of the industrial products company’s stock worth $59,000 after buying an additional 103 shares during the period. Moody National Bank Trust Division bought a new position in shares of MSA Safety in the 1st quarter worth $240,000. Kapitalo Investimentos Ltda bought a new position in shares of MSA Safety in the 4th quarter worth $142,000. Quadrature Capital Ltd lifted its holdings in shares of MSA Safety by 332.6% in the 4th quarter. Quadrature Capital Ltd now owns 9,492 shares of the industrial products company’s stock worth $1,603,000 after purchasing an additional 7,298 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of MSA Safety by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,826,135 shares of the industrial products company’s stock worth $645,966,000 after purchasing an additional 23,526 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

Insider Transactions at MSA Safety

In other news, CEO Nishan J. Vartanian sold 11,000 shares of MSA Safety stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $185.29, for a total transaction of $2,038,190.00. Following the sale, the chief executive officer now directly owns 56,800 shares in the company, valued at approximately $10,524,472. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 6.20% of the company’s stock.

MSA Safety Stock Up 1.1 %

Shares of MSA traded up $1.98 during trading hours on Friday, reaching $188.68. The stock had a trading volume of 562,470 shares, compared to its average volume of 144,936. MSA Safety Incorporated has a 12 month low of $147.35 and a 12 month high of $196.02. The firm has a 50-day simple moving average of $184.45 and a 200 day simple moving average of $179.06. The company has a current ratio of 2.51, a quick ratio of 1.54 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of 27.95 and a beta of 0.99.

MSA Safety (NYSE:MSA) last issued its quarterly earnings data on Monday, April 29th. The industrial products company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.14. The business had revenue of $413.00 million for the quarter, compared to analysts’ expectations of $428.38 million. MSA Safety had a return on equity of 31.51% and a net margin of 14.81%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the business earned $1.36 EPS. Equities research analysts predict that MSA Safety Incorporated will post 7.75 earnings per share for the current fiscal year.

MSA Safety Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.08%. This is a boost from MSA Safety’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Tuesday, May 14th. MSA Safety’s payout ratio is presently 30.22%.

MSA Safety 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.