2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. raised its stake in shares of MSA Safety Incorporated ( NYSE:MSA – Free Report ) by 41.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 21,958 shares of the industrial products company’s stock after purchasing an additional 6,380 shares during the quarter. Russell Investments Group Ltd.’s holdings in MSA Safety were worth $3,640,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of MSA Safety during the 4th quarter valued at about $72,693,000. Raymond James Financial Inc.
purchased a new stake in MSA Safety in the fourth quarter worth about $43,689,000. Copeland Capital Management LLC bought a new stake in MSA Safety during the 4th quarter valued at approximately $29,894,000. JPMorgan Chase & Co.
grew its holdings in shares of MSA Safety by 9.5% during the 4th quarter. JPMorgan Chase & Co.
now owns 1,999,779 shares of the industrial products company’s stock worth $331,503,000 after acquiring an additional 173,210 shares during the period. Finally, Conestoga Capital Advisors LLC raised its position 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 worth $97,923,000 after acquiring an additional 150,402 shares in the last quarter. 92.51% of the stock is currently owned by institutional investors.
MSA Safety Stock Down 0.1 % MSA stock opened at $142.64 on Thursday.
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 business has a 50 day moving average of $152.10 and a 200 day moving average of $163.
29. MSA Safety Incorporated has a twelve month low of $127.86 and a twelve month high of $200.
61. The firm has a market cap of $5.60 billion, a PE ratio of 19.
78 and a beta of 0.97. Insider Transactions at MSA Safety In related news, CAO Jonathan D.
Buck sold 717 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $159.00, for a total transaction of $114,003.
00. Following the completion of the sale, the chief accounting officer now owns 3,673 shares of the company’s stock, valued at $584,007. This trade represents a 16.
33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Insiders own 6.
20% of the company’s stock. Analyst Ratings Changes MSA has been the topic of several research reports. Robert W.
Baird dropped their price target on MSA Safety from $175.00 to $161.00 and set a “neutral” rating on the stock in a research report on Tuesday.
DA Davidson assumed coverage on shares of MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 target price on the stock.
Two research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, MSA Safety presently has a consensus rating of “Buy” and an average target price of $194.
20. Get Our Latest Report on MSA Safety MSA Safety Company Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding MSA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for MSA Safety Incorporated ( NYSE:MSA – Free Report ). Receive News & Ratings for MSA Safety Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSA Safety and related companies with MarketBeat.com's FREE daily email newsletter .
.
