2,037 Shares in Simpson Manufacturing Co., Inc. (NYSE:SSD) Acquired by Aigen Investment Management LP

Aigen Investment Management LP acquired a new position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,037 shares of the construction company's stock, valued at approximately $338,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SSD. Park Place Capital Corp bought a new position in shares of Simpson Manufacturing during the 4th quarter worth about $29,000. World Investment Advisors LLC acquired a new stake in shares of Simpson Manufacturing during the 3rd quarter worth about $30,000. R Squared Ltd acquired a new stake in shares of Simpson Manufacturing during the 4th quarter worth about $30,000. UMB Bank n.a. increased its position in shares of Simpson Manufacturing by 88.2% during the 4th quarter. UMB Bank n.a. now owns 207 shares of the construction company's stock worth $34,000 after purchasing an additional 97 shares in the last quarter. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Simpson Manufacturing during the 3rd quarter worth about $37,000. 93.68% of the stock is owned by institutional investors.

Insider Buying and Selling at Simpson Manufacturing

In other news, EVP Michael Andersen sold 1,000 shares of Simpson Manufacturing stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $169.98, for a total transaction of $169,980.00. Following the completion of the sale, the executive vice president now owns 8,810 shares in the company, valued at $1,497,523.80. The trade was a 10.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.42% of the company's stock.

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Simpson Manufacturing Price Performance

Shares of Simpson Manufacturing stock traded up $3.02 during mid-day trading on Friday, reaching $165.02. 179,069 shares of the stock were exchanged, compared to its average volume of 254,129. The company has a current ratio of 3.21, a quick ratio of 1.59 and a debt-to-equity ratio of 0.20. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 21.71 and a beta of 1.39. Simpson Manufacturing Co., Inc. has a fifty-two week low of $154.97 and a fifty-two week high of $218.38. The firm has a 50-day simple moving average of $166.37 and a 200 day simple moving average of $177.26.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The construction company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a net margin of 14.44% and a return on equity of 18.00%. On average, sell-side analysts predict that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current fiscal year.

Simpson Manufacturing Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.68%. The ex-dividend date is Thursday, April 3rd. Simpson Manufacturing's payout ratio is presently 14.74%.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird dropped their target price on shares of Simpson Manufacturing from $196.00 to $192.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th.

About Simpson Manufacturing

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.