D. E. Shaw & Co. Inc. Acquires Shares of 212,922 Simpson Manufacturing Co., Inc. (NYSE:SSD)

D. E. Shaw & Co. Inc. purchased a new position in Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 212,922 shares of the construction company's stock, valued at approximately $35,884,000. D. E. Shaw & Co. Inc. owned about 0.51% of Simpson Manufacturing as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Simpson Manufacturing by 6.6% in the first quarter. Vanguard Group Inc. now owns 4,487,095 shares of the construction company's stock valued at $920,662,000 after purchasing an additional 278,283 shares during the last quarter. Epoch Investment Partners Inc. increased its stake in Simpson Manufacturing by 250.5% in the fourth quarter. Epoch Investment Partners Inc. now owns 325,452 shares of the construction company's stock valued at $64,433,000 after purchasing an additional 232,600 shares during the last quarter. Nia Impact Advisors LLC acquired a new position in Simpson Manufacturing in the second quarter valued at $15,010,000. Maren Capital LLC acquired a new position in Simpson Manufacturing in the fourth quarter valued at $15,493,000. Finally, Allianz Asset Management GmbH increased its stake in Simpson Manufacturing by 903.9% in the fourth quarter. Allianz Asset Management GmbH now owns 74,483 shares of the construction company's stock valued at $14,746,000 after purchasing an additional 67,064 shares during the last quarter. 93.68% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Simpson Manufacturing

In other Simpson Manufacturing news, EVP Roger Dankel sold 2,700 shares of the business's stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $190.44, for a total transaction of $514,188.00. Following the completion of the sale, the executive vice president now owns 24,064 shares of the company's stock, valued at $4,582,748.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director James S. Andrasick sold 500 shares of the company's stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $178.75, for a total value of $89,375.00. Following the completion of the sale, the director now owns 866 shares of the company's stock, valued at $154,797.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Roger Dankel sold 2,700 shares of the company's stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $190.44, for a total value of $514,188.00. Following the completion of the sale, the executive vice president now directly owns 24,064 shares of the company's stock, valued at approximately $4,582,748.16. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,571 shares of company stock valued at $2,348,027. Company insiders own 0.42% of the company's stock.

Simpson Manufacturing Trading Up 0.8 %

Simpson Manufacturing stock traded up $1.58 during trading on Friday, hitting $191.18. The company's stock had a trading volume of 141,965 shares, compared to its average volume of 287,990. The stock's fifty day moving average is $181.09 and its 200 day moving average is $179.26. Simpson Manufacturing Co., Inc. has a 1-year low of $123.93 and a 1-year high of $218.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.21 and a current ratio of 3.69. The stock has a market capitalization of $8.06 billion, a price-to-earnings ratio of 23.96 and a beta of 1.32.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its quarterly earnings results on Monday, July 22nd. The construction company reported $2.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.44 by ($0.13). Simpson Manufacturing had a net margin of 15.03% and a return on equity of 19.42%. The firm had revenue of $596.98 million for the quarter, compared to analysts' expectations of $604.67 million. During the same period last year, the firm posted $2.50 EPS. Simpson Manufacturing's revenue was down .1% on a year-over-year basis. As a group, equities research analysts predict that Simpson Manufacturing Co., Inc. will post 8.1 EPS for the current year.

Simpson Manufacturing Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Thursday, October 3rd. Simpson Manufacturing's dividend payout ratio (DPR) is presently 14.04%.

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.