Mutual of America Capital Management LLC Has $2.96 Million Stock Holdings in MSA Safety Incorporporated (NYSE:MSA)

Mutual of America Capital Management LLC cut its position in MSA Safety Incorporporated (NYSE:MSA) by 2.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,201 shares of the industrial products company’s stock after selling 563 shares during the period. Mutual of America Capital Management LLC owned 0.05% of MSA Safety Incorporporated worth $2,963,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in MSA Safety Incorporporated by 39.4% in the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 76 shares in the last quarter. UMB Bank n.a. lifted its position in MSA Safety Incorporporated by 54.4% in the 1st quarter. UMB Bank n.a. now owns 281 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 99 shares in the last quarter. Fifth Third Bancorp lifted its position in MSA Safety Incorporporated by 24.7% in the 1st quarter. Fifth Third Bancorp now owns 682 shares of the industrial products company’s stock valued at $100,000 after acquiring an additional 135 shares in the last quarter. Covestor Ltd lifted its position in MSA Safety Incorporporated by 8.2% in the 4th quarter. Covestor Ltd now owns 869 shares of the industrial products company’s stock valued at $144,000 after acquiring an additional 66 shares in the last quarter. Finally, Versant Capital Management Inc bought a new position in MSA Safety Incorporporated in the 1st quarter valued at about $165,000. Institutional investors own 92.51% of the company’s stock.

MSA Safety Incorporporated Price Performance

MSA Safety Incorporporated stock opened at $174.85 on Friday. The company has a quick ratio of 1.84, a current ratio of 2.94 and a debt-to-equity ratio of 0.40. The stock has a market cap of $6.87 billion, a P/E ratio of 24.12 and a beta of 0.95. The company’s 50 day moving average price is $166.23 and its two-hundred day moving average price is $159.23. MSA Safety Incorporporated has a 52 week low of $127.86 and a 52 week high of $197.02.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. The company had revenue of $421.34 million for the quarter, compared to analysts’ expectations of $402.60 million. MSA Safety Incorporporated had a net margin of 15.77% and a return on equity of 27.65%. MSA Safety Incorporporated’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.61 EPS. On average, equities analysts predict that MSA Safety Incorporporated will post 8.06 earnings per share for the current year.

MSA Safety Incorporporated Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Thursday, May 15th. This is a boost from MSA Safety Incorporporated’s previous quarterly dividend of $0.51. MSA Safety Incorporporated’s payout ratio is 29.24%.

Analysts Set New Price Targets

MSA has been the topic of several recent research reports. DA Davidson dropped their price target on shares of MSA Safety Incorporporated from $188.00 to $183.00 and set a “buy” rating on the stock in a research report on Monday, May 5th. Stifel Nicolaus assumed coverage on shares of MSA Safety Incorporporated in a research report on Wednesday. They set a “hold” rating and a $182.00 target price on the stock. Wall Street Zen cut shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Friday. Robert W. Baird set a $166.00 target price on shares of MSA Safety Incorporporated in a research report on Monday, May 5th. Finally, B. Riley reissued a “buy” rating and set a $195.00 target price (down previously from $200.00) on shares of MSA Safety Incorporporated in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $185.20.

Insider Activity at MSA Safety Incorporporated

In related news, Chairman Nishan J. Vartanian sold 30,000 shares of MSA Safety Incorporporated stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $161.32, for a total value of $4,839,600.00. Following the sale, the chairman owned 35,401 shares of the company’s stock, valued at approximately $5,710,889.32. The trade was a 45.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.70% of the company’s stock.

About MSA Safety Incorporporated

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.