Inceptionr LLC Makes New Investment in MSA Safety Incorporated (NYSE:MSA)

Inceptionr LLC bought a new position in MSA Safety Incorporated (NYSE:MSA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,969 shares of the industrial products company’s stock, valued at approximately $1,155,000.

Several other large investors have also made changes to their positions in MSA. UMB Bank n.a. raised its position in shares of MSA Safety by 78.4% in the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock worth $30,000 after buying an additional 80 shares during the period. SRS Capital Advisors Inc. raised its position in shares of MSA Safety by 120.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after buying an additional 123 shares during the period. JFS Wealth Advisors LLC raised its position in shares of MSA Safety by 97.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 251 shares of the industrial products company’s stock worth $42,000 after buying an additional 124 shares during the period. First Horizon Advisors Inc. raised its position in shares of MSA Safety by 81.3% in the 4th 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 period. Finally, Hilltop National Bank raised its position in shares of MSA Safety by 23.5% in the 4th quarter. Hilltop National Bank now owns 520 shares of the industrial products company’s stock worth $86,000 after buying an additional 99 shares during the period. 92.51% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at MSA Safety

In other news, CAO Jonathan D. Buck sold 717 shares of MSA Safety stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $159.00, for a total transaction of $114,003.00. Following the sale, the chief accounting officer now directly owns 3,673 shares of the company’s stock, valued at approximately $584,007. The trade was a 16.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.20% of the company’s stock.

Analyst Upgrades and Downgrades

MSA has been the topic of several research reports. DA Davidson initiated coverage on MSA Safety in a research report on Thursday, December 19th. They issued a “buy” rating and a $195.00 target price on the stock. Jefferies Financial Group initiated coverage on MSA Safety in a research report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price objective on the stock. Finally, Robert W. Baird cut their price objective on MSA Safety from $190.00 to $175.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $197.00.

MSA Safety Trading Down 0.8 %

NYSE:MSA opened at $158.27 on Friday. The business’s 50-day moving average is $162.76 and its two-hundred day moving average is $169.82. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.79 and a quick ratio of 1.76. MSA Safety Incorporated has a 12 month low of $153.79 and a 12 month high of $200.60. The firm has a market capitalization of $6.21 billion, a PE ratio of 21.95 and a beta of 0.99.

MSA Safety (NYSE:MSA) last announced its earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.23 by $0.02. MSA Safety had a return on equity of 28.64% and a net margin of 15.76%. Research analysts predict that MSA Safety Incorporated will post 8.06 earnings per share for the current fiscal year.

MSA Safety Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Friday, February 14th. MSA Safety’s payout ratio is 28.29%.

MSA Safety 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.