Loomis Sayles & Co. L P Invests $627,000 in MSA Safety Incorporated (NYSE:MSA)

Loomis Sayles & Co. L P acquired a new position in MSA Safety Incorporated (NYSE:MSA - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,536 shares of the industrial products company's stock, valued at approximately $627,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mutual of America Capital Management LLC grew its position in MSA Safety by 0.3% during the third quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company's stock worth $3,771,000 after buying an additional 71 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its holdings in shares of MSA Safety by 1.3% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 5,418 shares of the industrial products company's stock worth $961,000 after purchasing an additional 72 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in shares of MSA Safety by 4.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,052 shares of the industrial products company's stock worth $364,000 after purchasing an additional 84 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in shares of MSA Safety by 7.3% in the 2nd quarter. Moody National Bank Trust Division now owns 1,330 shares of the industrial products company's stock worth $250,000 after purchasing an additional 90 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of MSA Safety by 1.6% in the 2nd quarter. Bank of Montreal Can now owns 6,845 shares of the industrial products company's stock worth $1,307,000 after purchasing an additional 109 shares in the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.

MSA Safety Trading Down 0.3 %

Shares of NYSE MSA traded down $0.52 during midday trading on Friday, reaching $173.80. The company had a trading volume of 100,820 shares, compared to its average volume of 154,656. MSA Safety Incorporated has a one year low of $160.02 and a one year high of $200.60. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48. The firm's fifty day moving average price is $172.33 and its 200-day moving average price is $179.03. The stock has a market cap of $6.83 billion, a PE ratio of 25.12 and a beta of 0.99.

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

MSA Safety Dividend Announcement

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

Analyst Ratings Changes

Separately, B. Riley began coverage on MSA Safety in a report on Tuesday, November 5th. They issued a "buy" rating and a $200.00 price objective for the company.

About MSA Safety

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.