MSA Safety Incorporated (NYSE:MSA) Shares Acquired by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC grew its stake in MSA Safety Incorporated (NYSE:MSA) by 97.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 251 shares of the industrial products company’s stock after buying an additional 124 shares during the period. JFS Wealth Advisors LLC’s holdings in MSA Safety were worth $42,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. UMB Bank n.a. lifted its holdings in shares of MSA Safety by 78.4% in the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 80 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of MSA Safety by 486.0% in the 3rd quarter. Blue Trust Inc. now owns 252 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 209 shares during the last quarter. Hilltop National Bank lifted its holdings in shares of MSA Safety by 23.5% in the 4th quarter. Hilltop National Bank now owns 520 shares of the industrial products company’s stock valued at $86,000 after purchasing an additional 99 shares during the last quarter. Quarry LP increased its holdings in shares of MSA Safety by 690.5% in the 3rd quarter. Quarry LP now owns 751 shares of the industrial products company’s stock valued at $133,000 after acquiring an additional 656 shares during the period. Finally, Covestor Ltd increased its holdings in shares of MSA Safety by 985.1% in the 3rd quarter. Covestor Ltd now owns 803 shares of the industrial products company’s stock valued at $143,000 after acquiring an additional 729 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

MSA Safety Trading Up 1.0 %

NYSE MSA opened at $159.88 on Wednesday. The stock has a market capitalization of $6.28 billion, a P/E ratio of 23.10 and a beta of 1.00. MSA Safety Incorporated has a 52-week low of $153.79 and a 52-week high of $200.60. The firm has a 50-day moving average price of $165.48 and a 200 day moving average price of $171.28. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48.

MSA Safety (NYSE:MSA) last posted its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.02. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%. Equities research analysts expect that MSA Safety Incorporated will post 7.67 EPS for the current year.

MSA Safety Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.28%. MSA Safety’s dividend payout ratio (DPR) is presently 29.48%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MSA. B. Riley began coverage on shares of MSA Safety in a report on Tuesday, November 5th. They issued a “buy” rating and a $200.00 target price on the stock. DA Davidson initiated coverage on MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 price target on the stock. Robert W. Baird lowered their price target on MSA Safety from $190.00 to $175.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Jefferies Financial Group started coverage on MSA Safety in a report on Thursday, December 12th. They set a “hold” rating and a $200.00 price target on the stock. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, MSA Safety currently 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.