Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) by 13.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,606 shares of the construction company's stock after purchasing an additional 2,746 shares during the quarter. Natixis Advisors LLC owned 0.05% of Simpson Manufacturing worth $3,749,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Park Place Capital Corp acquired a new stake in Simpson Manufacturing during the fourth quarter valued at $29,000. World Investment Advisors LLC acquired a new position in Simpson Manufacturing in the 3rd quarter worth about $30,000. R Squared Ltd purchased a new stake in shares of Simpson Manufacturing in the fourth quarter valued at approximately $30,000. UMB Bank n.a. raised its stake in shares of Simpson Manufacturing by 88.2% during the 4th quarter. UMB Bank n.a. now owns 207 shares of the construction company's stock worth $34,000 after buying an additional 97 shares during the period. Finally, Prospera Private Wealth LLC purchased a new position in shares of Simpson Manufacturing during the 3rd quarter valued at approximately $37,000. 93.68% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Michael Andersen sold 1,000 shares of the 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 transaction, the executive vice president now directly owns 8,810 shares of the company's stock, valued at $1,497,523.80. This trade represents a 10.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.42% of the company's stock.

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Simpson Manufacturing Trading Down 0.7 %

Shares of SSD stock traded down $1.08 on Wednesday, hitting $159.03. 139,155 shares of the stock traded hands, compared to its average volume of 253,092. Simpson Manufacturing Co., Inc. has a twelve month low of $152.74 and a twelve month high of $206.48. The stock has a market capitalization of $6.71 billion, a PE ratio of 20.92 and a beta of 1.39. The firm's 50-day moving average price is $165.29 and its two-hundred day moving average price is $175.49. 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 (NYSE:SSD - Get Free Report) last released its earnings results on Monday, February 10th. The construction company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a return on equity of 18.00% and a net margin of 14.44%. As a group, analysts anticipate that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current year.

Simpson Manufacturing Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 0.70%. The ex-dividend date is Thursday, April 3rd. Simpson Manufacturing's dividend payout ratio (DPR) is presently 14.74%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. DA Davidson reduced their price objective on shares of 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 decreased their price target on shares of Simpson Manufacturing from $196.00 to $192.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 11th.

Simpson Manufacturing Profile

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.