MSA Safety Incorporated (NYSE:MSA) Shares Purchased by Moody National Bank Trust Division

Moody National Bank Trust Division lifted its stake in MSA Safety Incorporated (NYSE:MSA) by 7.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,330 shares of the industrial products company’s stock after acquiring an additional 90 shares during the quarter. Moody National Bank Trust Division’s holdings in MSA Safety were worth $250,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Quadrant Capital Group LLC lifted its holdings in shares of MSA Safety by 51.2% in the 4th quarter. Quadrant Capital Group LLC now owns 183 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 62 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of MSA Safety in the 4th quarter worth approximately $46,000. GAMMA Investing LLC lifted its holdings in shares of MSA Safety by 198.8% in the 2nd quarter. GAMMA Investing LLC now owns 245 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares during the last quarter. Fifth Third Bancorp lifted its holdings in MSA Safety by 28.2% during the 4th quarter. Fifth Third Bancorp now owns 336 shares of the industrial products company’s stock worth $57,000 after buying an additional 74 shares in the last quarter. Finally, CWM LLC lifted its holdings in MSA Safety by 50.7% during the 1st quarter. CWM LLC now owns 306 shares of the industrial products company’s stock worth $59,000 after buying an additional 103 shares in the last quarter. 92.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at MSA Safety

In related news, CEO Nishan J. Vartanian sold 3,945 shares of the stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $189.00, for a total value of $745,605.00. Following the transaction, the chief executive officer now directly owns 31,953 shares of the company’s stock, valued at approximately $6,039,117. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, Director J Vartanian & Pamel A. Nishan 6,055 shares of the business’s stock in a transaction dated Tuesday, July 30th. The was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Nishan J. Vartanian sold 3,945 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $189.00, for a total transaction of $745,605.00. Following the transaction, the chief executive officer now directly owns 31,953 shares in the company, valued at $6,039,117. The disclosure for this sale can be found here. Insiders own 6.20% of the company’s stock.

MSA Safety Stock Down 0.3 %

Shares of MSA traded down $0.47 during midday trading on Tuesday, reaching $175.36. The stock had a trading volume of 125,884 shares, compared to its average volume of 151,749. MSA Safety Incorporated has a 1-year low of $147.35 and a 1-year high of $200.60. The company’s fifty day simple moving average is $185.22 and its two-hundred day simple moving average is $183.87. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 26.19 and a beta of 0.99. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.45 and a quick ratio of 1.54.

MSA Safety Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Thursday, August 15th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, August 15th. MSA Safety’s dividend payout ratio (DPR) is 30.22%.

Analysts Set New Price Targets

MSA has been the topic of a number of research reports. William Blair upgraded shares of MSA Safety to a “strong-buy” rating in a report on Tuesday, July 16th. Stifel Nicolaus increased their target price on shares of MSA Safety from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, July 26th.

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.