1,868 Shares in MSA Safety Incorporated (NYSE:MSA) Bought by EntryPoint Capital LLC

EntryPoint Capital LLC acquired a new stake in shares of MSA Safety Incorporated (NYSE:MSA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,868 shares of the industrial products company’s stock, valued at approximately $310,000.

Several other institutional investors have also modified their holdings of MSA. Vanguard Group Inc. lifted its stake in MSA Safety by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,883,844 shares of the industrial products company’s stock valued at $643,825,000 after buying an additional 22,190 shares in the last quarter. State Street Corp lifted its position in shares of MSA Safety by 2.5% in the third quarter. State Street Corp now owns 1,691,319 shares of the industrial products company’s stock valued at $299,939,000 after acquiring an additional 40,569 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of MSA Safety by 27.6% in the third quarter. Geode Capital Management LLC now owns 781,705 shares of the industrial products company’s stock worth $138,658,000 after acquiring an additional 169,168 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of MSA Safety by 2.3% during the fourth quarter. Bank of New York Mellon Corp now owns 767,634 shares of the industrial products company’s stock worth $127,251,000 after purchasing an additional 17,052 shares in the last quarter. Finally, Cooke & Bieler LP increased its position in shares of MSA Safety by 25.3% during the fourth quarter. Cooke & Bieler LP now owns 651,366 shares of the industrial products company’s stock worth $107,977,000 after purchasing an additional 131,458 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

Insider Buying and Selling

In other MSA Safety news, CAO Jonathan D. Buck sold 717 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $159.00, for a total value of $114,003.00. Following the sale, the chief accounting officer now owns 3,673 shares of the company’s stock, valued at $584,007. The trade was a 16.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.20% of the stock is currently owned by corporate insiders.

MSA Safety Price Performance

MSA stock opened at $151.99 on Friday. MSA Safety Incorporated has a 52-week low of $148.23 and a 52-week high of $200.61. The company has a quick ratio of 1.76, a current ratio of 2.79 and a debt-to-equity ratio of 0.42. The stock has a market cap of $5.97 billion, a price-to-earnings ratio of 21.08 and a beta of 0.99. The business has a fifty day moving average of $159.49 and a two-hundred day moving average of $167.22.

MSA Safety (NYSE:MSA) last issued its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.23 by $0.02. MSA Safety had a return on equity of 28.64% and a net margin of 15.76%. As a group, research analysts anticipate that MSA Safety Incorporated will post 8.06 earnings per share for the current year.

MSA Safety Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were issued a $0.51 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.34%. MSA Safety’s dividend payout ratio is currently 28.29%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Robert W. Baird decreased their price objective on MSA Safety from $190.00 to $175.00 and set a “neutral” rating on the stock in a report on Tuesday, February 18th. DA Davidson initiated coverage on MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 target price on the stock. Finally, Jefferies Financial Group assumed coverage on MSA Safety in a research note on Thursday, December 12th. They issued a “hold” rating and a $200.00 target price for the company. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $197.00.

MSA Safety 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.