Marshall Financial Group LLC Invests $903,000 in Simpson Manufacturing Co., Inc. (NYSE:SSD)

Marshall Financial Group LLC purchased a new position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,446 shares of the construction company’s stock, valued at approximately $903,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of Simpson Manufacturing by 16.8% during the 4th quarter. GAMMA Investing LLC now owns 444 shares of the construction company’s stock worth $74,000 after purchasing an additional 64 shares during the last quarter. SkyView Investment Advisors LLC lifted its position in Simpson Manufacturing by 0.7% during the second quarter. SkyView Investment Advisors LLC now owns 9,161 shares of the construction company’s stock worth $1,544,000 after buying an additional 67 shares in the last quarter. Inspire Investing LLC boosted its stake in Simpson Manufacturing by 4.0% during the third quarter. Inspire Investing LLC now owns 2,437 shares of the construction company’s stock worth $466,000 after buying an additional 94 shares during the last quarter. UMB Bank n.a. grew its holdings in Simpson Manufacturing by 88.2% in the 4th quarter. UMB Bank n.a. now owns 207 shares of the construction company’s stock valued at $34,000 after buying an additional 97 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its stake in shares of Simpson Manufacturing by 0.3% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 39,391 shares of the construction company’s stock worth $7,473,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 93.68% of the company’s stock.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

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

Simpson Manufacturing Stock Down 0.6 %

Shares of NYSE SSD opened at $165.83 on Friday. Simpson Manufacturing Co., Inc. has a 1 year low of $155.73 and a 1 year high of $218.38. The company has a market capitalization of $6.99 billion, a P/E ratio of 21.91 and a beta of 1.35. The company has a 50 day simple moving average of $174.19 and a 200-day simple moving average of $179.96. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 1.99.

Simpson Manufacturing Company 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.