BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $22.36 Million Holdings in MSA Safety Incorporated (NYSE:MSA)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in MSA Safety Incorporated (NYSE:MSA - Free Report) by 10.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 126,082 shares of the industrial products company's stock after purchasing an additional 12,039 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.32% of MSA Safety worth $22,359,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of MSA Safety by 198.8% in the 2nd quarter. GAMMA Investing LLC now owns 245 shares of the industrial products company's stock worth $46,000 after purchasing an additional 163 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of MSA Safety by 486.0% in the 3rd quarter. Blue Trust Inc. now owns 252 shares of the industrial products company's stock worth $47,000 after purchasing an additional 209 shares during the last quarter. Covestor Ltd grew its holdings in shares of MSA Safety by 985.1% in the 3rd quarter. Covestor Ltd now owns 803 shares of the industrial products company's stock worth $143,000 after purchasing an additional 729 shares during the last quarter. Kowal Investment Group LLC bought a new stake in MSA Safety during the 2nd quarter worth about $204,000. Finally, CIBC Asset Management Inc acquired a new stake in MSA Safety in the 2nd quarter valued at about $206,000. Institutional investors own 92.51% of the company's stock.

MSA Safety Price Performance

MSA traded up $3.20 during midday trading on Friday, hitting $174.98. The company had a trading volume of 253,175 shares, compared to its average volume of 177,167. The company has a market capitalization of $6.88 billion, a PE ratio of 25.29 and a beta of 0.99. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68. MSA Safety Incorporated has a twelve month low of $160.02 and a twelve month high of $200.60. The firm's 50-day simple moving average is $173.02 and its 200-day simple moving average is $179.53.

MSA Safety (NYSE:MSA - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.05. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%. The company had revenue of $432.68 million for the quarter, compared to analyst estimates of $449.95 million. During the same quarter last year, the firm earned $1.78 EPS. The company's revenue for the quarter was down 3.1% on a year-over-year basis. Equities research analysts predict that MSA Safety Incorporated will post 7.64 EPS for the current fiscal year.

MSA Safety Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 15th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Friday, November 15th. MSA Safety's payout ratio is 29.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on MSA shares. Stifel Nicolaus raised their price objective on shares of MSA Safety from $200.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, July 26th. B. Riley started coverage on shares of MSA Safety in a research report on Tuesday, November 5th. They issued a "buy" rating and a $200.00 price objective for the company.

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.