Yorktown Management & Research Co Inc Purchases 750 Shares of Simpson Manufacturing Co., Inc. (NYSE:SSD)

Yorktown Management & Research Co Inc lifted its position in Simpson Manufacturing Co., Inc. (NYSE:SSD) by 27.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,500 shares of the construction company’s stock after buying an additional 750 shares during the quarter. Yorktown Management & Research Co Inc’s holdings in Simpson Manufacturing were worth $580,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SSD. Park Place Capital Corp bought a new stake in Simpson Manufacturing during the fourth quarter worth approximately $29,000. World Investment Advisors LLC bought a new stake in Simpson Manufacturing during the third quarter worth approximately $30,000. R Squared Ltd bought a new stake in shares of Simpson Manufacturing in the fourth quarter valued at approximately $30,000. V Square Quantitative Management LLC bought a new stake in shares of Simpson Manufacturing in the third quarter valued at approximately $34,000. Finally, UMB Bank n.a. boosted its position in shares of Simpson Manufacturing by 88.2% in the fourth quarter. UMB Bank n.a. now owns 207 shares of the construction company’s stock valued at $34,000 after acquiring an additional 97 shares during the period. Institutional investors own 93.68% of the company’s stock.

Simpson Manufacturing Stock Performance

Shares of NYSE SSD opened at $165.16 on Wednesday. The business has a fifty day simple moving average of $171.85 and a 200 day simple moving average of $179.28. The company has a current ratio of 3.53, a quick ratio of 1.99 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 21.82 and a beta of 1.35. Simpson Manufacturing Co., Inc. has a one year low of $155.73 and a one year high of $218.38.

Simpson Manufacturing Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.68%. Simpson Manufacturing’s payout ratio is 14.80%.

Insider Activity at Simpson Manufacturing

In other Simpson Manufacturing news, EVP Roger Dankel sold 250 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $183.06, for a total transaction of $45,765.00. Following the completion of the transaction, the executive vice president now directly owns 23,814 shares in the company, valued at $4,359,390.84. This represents a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.42% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Robert W. Baird increased their price objective on Simpson Manufacturing from $202.00 to $218.00 and gave the company an “outperform” rating in a research report on Monday, October 21st.

Simpson Manufacturing Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.