BDF Gestion Sells 807 Shares of MSA Safety Incorporated (NYSE:MSA)

BDF Gestion cut its holdings in shares of MSA Safety Incorporated (NYSE:MSA) by 8.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,193 shares of the industrial products company’s stock after selling 807 shares during the quarter. BDF Gestion’s holdings in MSA Safety were worth $1,524,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of MSA Safety by 2.5% during the 3rd quarter. State Street Corp now owns 1,691,319 shares of the industrial products company’s stock valued at $299,939,000 after buying an additional 40,569 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of MSA Safety by 27.6% during 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 in the last quarter. Conestoga Capital Advisors LLC boosted its holdings in shares of MSA Safety by 43.5% in the third quarter. Conestoga Capital Advisors LLC now owns 440,316 shares of the industrial products company’s stock worth $78,086,000 after acquiring an additional 133,373 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of MSA Safety by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 418,237 shares of the industrial products company’s stock valued at $74,170,000 after purchasing an additional 26,835 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its stake in shares of MSA Safety by 6.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 189,344 shares of the industrial products company’s stock valued at $33,578,000 after purchasing an additional 10,700 shares during the period. Institutional investors own 92.51% of the company’s stock.

MSA Safety Trading Up 1.0 %

Shares of MSA Safety stock opened at $165.30 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.68 and a quick ratio of 1.56. MSA Safety Incorporated has a 1 year low of $153.79 and a 1 year high of $200.60. The firm has a market cap of $6.50 billion, a PE ratio of 23.89 and a beta of 1.00. The company has a 50 day simple moving average of $168.40 and a two-hundred day simple moving average of $173.96.

MSA Safety Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be given a $0.51 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.04 annualized dividend and a yield of 1.23%. MSA Safety’s dividend payout ratio (DPR) is presently 29.48%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. DA Davidson assumed coverage on MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 target price for the company. B. Riley started coverage on shares of MSA Safety in a research note on Tuesday, November 5th. They set a “buy” rating and a $200.00 price objective for the company. Finally, Jefferies Financial Group assumed coverage on shares of MSA Safety in a research note on Thursday, December 12th. They issued a “hold” rating and a $200.00 target price on the stock. One analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $202.50.

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.