6,825 Shares in MSA Safety Incorporated (NYSE:MSA) Acquired by ORG Partners LLC

ORG Partners LLC purchased a new stake in MSA Safety Incorporated (NYSE:MSA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,825 shares of the industrial products company’s stock, valued at approximately $1,131,000.

Several other institutional investors also recently modified their holdings of MSA. Diversified Trust Co grew its holdings in shares of MSA Safety by 63.4% in the 4th quarter. Diversified Trust Co now owns 10,837 shares of the industrial products company’s stock worth $1,796,000 after acquiring an additional 4,205 shares during the last quarter. Retirement Systems of Alabama increased its stake in MSA Safety by 2.4% in the 3rd quarter. Retirement Systems of Alabama now owns 97,719 shares of the industrial products company’s stock worth $17,329,000 after purchasing an additional 2,282 shares in the last quarter. Tidal Investments LLC raised its holdings in MSA Safety by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company’s stock worth $1,429,000 after buying an additional 90 shares during the period. Geode Capital Management LLC raised its holdings in MSA Safety by 27.6% during the 3rd quarter. Geode Capital Management LLC now owns 781,705 shares of the industrial products company’s stock worth $138,658,000 after buying an additional 169,168 shares during the period. Finally, Barclays PLC boosted its holdings in shares of MSA Safety by 62.0% in the third quarter. Barclays PLC now owns 16,688 shares of the industrial products company’s stock worth $2,959,000 after buying an additional 6,384 shares during the period. Institutional investors own 92.51% of the company’s stock.

MSA Safety Stock Down 1.8 %

Shares of MSA Safety stock traded down $2.96 on Friday, hitting $157.87. 25,393 shares of the company traded hands, compared to its average volume of 128,627. MSA Safety Incorporated has a 12-month low of $157.27 and a 12-month high of $200.60. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48. The company has a market cap of $6.21 billion, a PE ratio of 22.81 and a beta of 1.00. The company has a 50-day moving average price of $170.60 and a 200 day moving average price of $176.38.

MSA Safety (NYSE:MSA) last issued its earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.05. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The firm had revenue of $432.68 million for the quarter, compared to the consensus estimate of $449.95 million. During the same quarter in the previous year, the company posted $1.78 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Sell-side analysts predict that MSA Safety Incorporated will post 7.66 earnings per share for the current year.

MSA Safety Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.29%. The ex-dividend date was Friday, November 15th. MSA Safety’s payout ratio is presently 29.48%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MSA shares. DA Davidson started coverage on shares of MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 price target on the stock. Jefferies Financial Group initiated coverage on MSA Safety in a report on Thursday, December 12th. They issued a “hold” rating and a $200.00 target price for the company. Finally, B. Riley assumed coverage on MSA Safety in a report on Tuesday, November 5th. They set a “buy” rating and a $200.00 price target on the stock. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $202.50.

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.