DF Dent & Co. Inc. Sells 3,981 Shares of Simpson Manufacturing Co., Inc. (NYSE:SSD)

DF Dent & Co. Inc. reduced its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) by 3.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,705 shares of the construction company's stock after selling 3,981 shares during the period. DF Dent & Co. Inc. owned about 0.24% of Simpson Manufacturing worth $16,866,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Park Place Capital Corp bought a new stake in Simpson Manufacturing during the 4th quarter worth approximately $29,000. World Investment Advisors LLC acquired a new stake in shares of Simpson Manufacturing in the third quarter valued at $30,000. R Squared Ltd acquired a new position in Simpson Manufacturing during the 4th quarter worth about $30,000. UMB Bank n.a. lifted its position in shares of Simpson Manufacturing by 88.2% during the fourth 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, V Square Quantitative Management LLC raised its position in Simpson Manufacturing by 53.4% in the 4th quarter. V Square Quantitative Management LLC now owns 273 shares of the construction company's stock worth $45,000 after purchasing an additional 95 shares during the last quarter. 93.68% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Michael Andersen sold 1,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $169.98, for a total value of $169,980.00. Following the completion of the transaction, the executive vice president now owns 8,810 shares of the company's stock, valued at approximately $1,497,523.80. This trade represents a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.42% of the company's stock.

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Simpson Manufacturing Stock Up 0.7 %

NYSE SSD traded up $0.97 during trading hours on Tuesday, reaching $144.62. 72,949 shares of the company's stock were exchanged, compared to its average volume of 285,301. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.59 and a current ratio of 3.21. Simpson Manufacturing Co., Inc. has a one year low of $137.35 and a one year high of $197.82. The company's 50-day moving average is $162.78 and its two-hundred day moving average is $173.82. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 19.11 and a beta of 1.33.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping 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, analysts forecast that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current fiscal year.

Simpson Manufacturing Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Thursday, April 3rd. Simpson Manufacturing's dividend payout ratio is presently 14.74%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. DA Davidson dropped their target price on Simpson Manufacturing from $195.00 to $185.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. Robert W. Baird dropped their price target on shares of Simpson Manufacturing from $196.00 to $192.00 and set an "outperform" rating for the company in a research note 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.