Diversified Trust Co Buys 4,205 Shares of MSA Safety Incorporated (NYSE:MSA)

Diversified Trust Co lifted its holdings in shares of MSA Safety Incorporated (NYSE:MSA - Free Report) by 63.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,837 shares of the industrial products company's stock after purchasing an additional 4,205 shares during the quarter. Diversified Trust Co's holdings in MSA Safety were worth $1,796,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. increased its holdings in MSA Safety by 486.0% during 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 in the last quarter. Quarry LP grew its holdings in shares of MSA Safety by 690.5% during the third quarter. Quarry LP now owns 751 shares of the industrial products company's stock worth $133,000 after buying an additional 656 shares in the last quarter. Covestor Ltd raised its position in MSA Safety by 985.1% in the 3rd quarter. Covestor Ltd now owns 803 shares of the industrial products company's stock valued at $143,000 after buying an additional 729 shares during the last quarter. National Bank of Canada FI bought a new stake in MSA Safety in the 3rd quarter valued at approximately $198,000. Finally, Kowal Investment Group LLC acquired a new position in MSA Safety during the 2nd quarter worth approximately $204,000. Institutional investors and hedge funds own 92.51% of the company's stock.

MSA Safety Stock Up 0.6 %

MSA traded up $0.93 during trading on Thursday, reaching $161.09. 157,707 shares of the stock were exchanged, compared to its average volume of 149,541. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68. The stock's 50 day moving average price is $170.70 and its two-hundred day moving average price is $176.49. MSA Safety Incorporated has a twelve month low of $158.91 and a twelve month high of $200.60. The stock has a market cap of $6.33 billion, a P/E ratio of 23.28 and a beta of 1.00.

MSA Safety (NYSE:MSA - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.05. The company had revenue of $432.68 million for the quarter, compared to analyst estimates of $449.95 million. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%. MSA Safety's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.78 EPS. Equities analysts expect that MSA Safety Incorporated will post 7.66 EPS for the current year.

MSA Safety Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were paid a $0.51 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.27%. MSA Safety's dividend payout ratio is 29.48%.

Wall Street Analyst Weigh In

MSA has been the topic of a number of recent research reports. DA Davidson began coverage on shares of MSA Safety in a report on Thursday, December 19th. They issued a "buy" rating and a $195.00 price objective on the stock. Jefferies Financial Group began coverage on shares of MSA Safety in a research note on Thursday, December 12th. They issued a "hold" rating and a $200.00 price target on the stock. Finally, B. Riley started coverage on shares of MSA Safety in a research note on Tuesday, November 5th. They set a "buy" rating and a $200.00 price objective for the company. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $202.50.

MSA Safety 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.