Raymond James Financial Services Advisors Inc. Has $698,000 Stock Position in MSA Safety Incorporated (NYSE:MSA)

Raymond James Financial Services Advisors Inc. raised its holdings in MSA Safety Incorporated (NYSE:MSA) by 4.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,135 shares of the industrial products company’s stock after acquiring an additional 193 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in MSA Safety were worth $698,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FMR LLC boosted its stake in shares of MSA Safety by 14.0% in the 1st quarter. FMR LLC now owns 588 shares of the industrial products company’s stock valued at $78,000 after purchasing an additional 72 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of MSA Safety by 0.3% in the 1st quarter. Deutsche Bank AG now owns 22,096 shares of the industrial products company’s stock valued at $2,950,000 after purchasing an additional 74 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of MSA Safety by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 16,178 shares of the industrial products company’s stock valued at $2,550,000 after purchasing an additional 80 shares during the last quarter. Bahl & Gaynor Inc. boosted its stake in shares of MSA Safety by 0.3% in the 3rd quarter. Bahl & Gaynor Inc. now owns 25,184 shares of the industrial products company’s stock valued at $3,970,000 after purchasing an additional 86 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of MSA Safety by 2.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 6,136 shares of the industrial products company’s stock valued at $967,000 after purchasing an additional 118 shares during the last quarter. 92.51% of the stock is currently owned by institutional investors and hedge funds.

MSA Safety Stock Down 0.6 %

Shares of NYSE MSA opened at $185.91 on Thursday. The firm has a market cap of $7.31 billion, a PE ratio of 128.21 and a beta of 1.01. MSA Safety Incorporated has a 12-month low of $122.57 and a 12-month high of $196.02. The company’s fifty day simple moving average is $185.07 and its 200 day simple moving average is $171.18. The company has a quick ratio of 1.48, a current ratio of 2.36 and a debt-to-equity ratio of 0.60.

MSA Safety (NYSE:MSA) last issued its earnings results on Wednesday, February 14th. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.18. The business had revenue of $495.00 million for the quarter, compared to analyst estimates of $467.52 million. MSA Safety had a net margin of 3.28% and a return on equity of 32.44%. MSA Safety’s revenue was up 11.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.80 earnings per share. As a group, sell-side analysts forecast that MSA Safety Incorporated will post 7.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other MSA Safety news, Director Rebecca B. Roberts sold 1,100 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $181.84, for a total transaction of $200,024.00. Following the transaction, the director now owns 8,474 shares in the company, valued at $1,540,912.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other MSA Safety news, Director Rebecca B. Roberts sold 1,100 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $181.84, for a total transaction of $200,024.00. Following the transaction, the director now owns 8,474 shares in the company, valued at $1,540,912.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Jonathan D. Buck sold 305 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $185.50, for a total transaction of $56,577.50. Following the transaction, the chief accounting officer now owns 3,506 shares in the company, valued at approximately $650,363. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,504 shares of company stock worth $1,017,991. Insiders own 6.07% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of MSA Safety from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $189.50.

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.