Skandinaviska Enskilda Banken AB publ Has $258,000 Stock Position in MSA Safety Incorporated (NYSE:MSA)

Skandinaviska Enskilda Banken AB publ grew its position in MSA Safety Incorporated (NYSE:MSA) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,557 shares of the industrial products company’s stock after purchasing an additional 116 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in MSA Safety were worth $258,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of MSA. Raymond James Financial Inc. bought a new stake in shares of MSA Safety in the 4th quarter valued at $43,689,000. Copeland Capital Management LLC bought a new stake in shares of MSA Safety in the 4th quarter valued at $29,894,000. Geode Capital Management LLC boosted its stake in shares of MSA Safety by 27.6% in the 3rd quarter. Geode Capital Management LLC now owns 781,705 shares of the industrial products company’s stock valued at $138,658,000 after purchasing an additional 169,168 shares during the last quarter. Conestoga Capital Advisors LLC boosted its stake in shares of MSA Safety by 34.2% in the 4th quarter. Conestoga Capital Advisors LLC now owns 590,718 shares of the industrial products company’s stock valued at $97,923,000 after purchasing an additional 150,402 shares during the last quarter. Finally, Cooke & Bieler LP boosted its stake in shares of MSA Safety by 25.3% in the 4th quarter. Cooke & Bieler LP now owns 651,366 shares of the industrial products company’s stock valued at $107,977,000 after purchasing an additional 131,458 shares during the last quarter. 92.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MSA has been the topic of a number of analyst reports. DA Davidson began coverage on shares of MSA Safety in a research note on Thursday, December 19th. They issued a “buy” rating and a $195.00 price objective on the stock. Robert W. Baird cut their target price on shares of MSA Safety from $190.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group began coverage on shares of MSA Safety in a research note on Thursday, December 12th. They set a “hold” rating and a $200.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $197.00.

MSA Safety Stock Down 0.4 %

Shares of NYSE MSA opened at $151.38 on Wednesday. MSA Safety Incorporated has a 12-month low of $148.59 and a 12-month high of $200.61. The firm has a market cap of $5.94 billion, a PE ratio of 21.00 and a beta of 0.99. The company’s fifty day simple moving average is $160.81 and its 200 day simple moving average is $168.25. The company has a quick ratio of 1.76, a current ratio of 2.79 and a debt-to-equity ratio of 0.42.

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

MSA Safety Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date was Friday, February 14th. MSA Safety’s dividend payout ratio (DPR) is 28.29%.

Insider Buying and Selling at MSA Safety

In other MSA Safety news, CAO Jonathan D. Buck sold 717 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $159.00, for a total value of $114,003.00. Following the transaction, the chief accounting officer now directly owns 3,673 shares of the company’s stock, valued at approximately $584,007. This trade represents a 16.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.20% of the company’s stock.

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.