MSA Safety Incorporated (NYSE:MSA) Shares Purchased by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC boosted its stake in MSA Safety Incorporated (NYSE:MSA) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 136,767 shares of the industrial products company’s stock after purchasing an additional 4,086 shares during the period. MSA Safety comprises approximately 1.6% of Mountain Pacific Investment Advisers LLC’s portfolio, making the stock its 27th largest position. Mountain Pacific Investment Advisers LLC owned 0.35% of MSA Safety worth $22,672,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSA. American Century Companies Inc. grew its stake in shares of MSA Safety by 453.6% in the second quarter. American Century Companies Inc. now owns 41,799 shares of the industrial products company’s stock valued at $7,845,000 after buying an additional 34,248 shares in the last quarter. Envestnet Asset Management Inc. grew its position in MSA Safety by 11.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 45,334 shares of the industrial products company’s stock valued at $8,509,000 after acquiring an additional 4,497 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in MSA Safety by 6.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,585 shares of the industrial products company’s stock worth $1,017,000 after purchasing an additional 361 shares during the period. Hsbc Holdings PLC acquired a new stake in shares of MSA Safety during the second quarter worth about $2,322,000. Finally, Intech Investment Management LLC acquired a new stake in MSA Safety during the 2nd quarter worth approximately $1,405,000. Hedge funds and other institutional investors own 92.51% of the company’s stock.

MSA Safety Stock Down 0.3 %

Shares of NYSE:MSA opened at $163.79 on Tuesday. The company has a current ratio of 2.68, a quick ratio of 1.56 and a debt-to-equity ratio of 0.48. The firm has a 50 day simple moving average of $169.45 and a 200-day simple moving average of $175.00. The company has a market capitalization of $6.44 billion, a PE ratio of 23.67 and a beta of 1.00. MSA Safety Incorporated has a twelve month low of $153.79 and a twelve month high of $200.60.

MSA Safety (NYSE:MSA) last released its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.05. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%. The company had revenue of $432.68 million during the quarter, compared to the consensus estimate of $449.95 million. During the same quarter in the prior year, the firm posted $1.78 earnings per share. MSA Safety’s revenue for the quarter was down 3.1% on a year-over-year basis. On average, equities analysts predict that MSA Safety Incorporated will post 7.67 EPS for the current fiscal year.

MSA Safety Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.25%. MSA Safety’s dividend payout ratio is presently 29.48%.

Wall Street Analyst Weigh In

MSA has been the topic of a number of analyst reports. Jefferies Financial Group began coverage on MSA Safety in a research report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price target on the stock. B. Riley assumed coverage on shares of MSA Safety in a research note on Tuesday, November 5th. They set a “buy” rating and a $200.00 target price for the company. Finally, DA Davidson started coverage on MSA Safety in a research note on Thursday, December 19th. They issued a “buy” rating and a $195.00 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. According to MarketBeat, MSA Safety currently has an average rating of “Buy” and an average 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.