Massachusetts Financial Services Co. MA Has $743,000 Holdings in MSA Safety Incorporated (NYSE:MSA)

Massachusetts Financial Services Co. MA lowered its position in shares of MSA Safety Incorporated (NYSE:MSA - Free Report) by 81.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,191 shares of the industrial products company's stock after selling 18,449 shares during the quarter. Massachusetts Financial Services Co. MA's holdings in MSA Safety were worth $743,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MSA. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in MSA Safety by 10.6% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 126,082 shares of the industrial products company's stock valued at $22,359,000 after purchasing an additional 12,039 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of MSA Safety during the third quarter valued at $260,000. Quest Partners LLC raised its position in MSA Safety by 270,025.0% during the third quarter. Quest Partners LLC now owns 10,805 shares of the industrial products company's stock valued at $1,916,000 after buying an additional 10,801 shares during the period. Thrivent Financial for Lutherans lifted its stake in MSA Safety by 3.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,245 shares of the industrial products company's stock worth $1,640,000 after acquiring an additional 300 shares in the last quarter. Finally, Mutual of America Capital Management LLC boosted its position in MSA Safety by 0.3% during the 3rd quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company's stock worth $3,771,000 after acquiring an additional 71 shares during the period. Institutional investors and hedge funds own 92.51% of the company's stock.

MSA Safety Stock Down 0.3 %

Shares of NYSE MSA traded down $0.46 during mid-day trading on Thursday, reaching $174.32. The company had a trading volume of 81,561 shares, compared to its average volume of 154,891. 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 stock's 50 day moving average is $172.48 and its 200-day moving average is $179.14. The stock has a market capitalization of $6.85 billion, a PE ratio of 25.19 and a beta of 0.99.

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 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 return on equity of 29.14% and a net margin of 15.16%. The business's revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.78 EPS. As a group, equities analysts anticipate that MSA Safety Incorporated will post 7.64 earnings per share for the current fiscal year.

MSA Safety Dividend Announcement

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

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.