Fox Run Management L.L.C. Has $271,000 Stake in MSA Safety Incorporated (NYSE:MSA)

Fox Run Management L.L.C. raised its holdings in MSA Safety Incorporated (NYSE:MSA) by 43.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,632 shares of the industrial products company’s stock after buying an additional 494 shares during the period. Fox Run Management L.L.C.’s holdings in MSA Safety were worth $271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. UMB Bank n.a. increased its position in shares of MSA Safety by 78.4% in the fourth quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 80 shares during the last quarter. SRS Capital Advisors Inc. increased its position in shares of MSA Safety by 120.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. JFS Wealth Advisors LLC raised its stake in shares of MSA Safety by 97.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 251 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 124 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of MSA Safety by 81.3% in the fourth quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company’s stock valued at $55,000 after buying an additional 148 shares in the last quarter. Finally, Hilltop National Bank increased its holdings in MSA Safety by 23.5% during the fourth quarter. Hilltop National Bank now owns 520 shares of the industrial products company’s stock worth $86,000 after buying an additional 99 shares during the last quarter. 92.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

MSA has been the subject of a number of recent 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 target for the company. Jefferies Financial Group assumed coverage on MSA Safety in a research report on Thursday, December 12th. They set a “hold” rating and a $200.00 price target on the stock. Finally, Robert W. Baird cut their price objective on MSA Safety from $190.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, MSA Safety currently has an average rating of “Buy” and an average price target of $197.00.

MSA Safety Stock Performance

Shares of NYSE:MSA opened at $151.99 on Friday. 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 firm has a market cap of $5.97 billion, a PE ratio of 21.08 and a beta of 0.99. The company’s 50 day moving average price is $159.49 and its two-hundred day moving average price is $167.22. MSA Safety Incorporated has a 12-month low of $148.23 and a 12-month high of $200.61.

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

MSA Safety Dividend Announcement

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

Insiders Place Their Bets

In other news, CAO Jonathan D. Buck sold 717 shares of MSA Safety stock in a transaction 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 transaction, the chief accounting officer now owns 3,673 shares in the company, valued at approximately $584,007. This trade represents a 16.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 6.20% of the company’s stock.

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.