6,676 Shares in Simpson Manufacturing Co., Inc. (NYSE:SSD) Bought by Marshall Wace LLP

Marshall Wace LLP acquired a new stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 6,676 shares of the construction company's stock, valued at approximately $1,125,000.

A number of other hedge funds have also modified their holdings of SSD. Commonwealth Equity Services LLC lifted its position in shares of Simpson Manufacturing by 1.8% in the second quarter. Commonwealth Equity Services LLC now owns 4,136 shares of the construction company's stock valued at $697,000 after acquiring an additional 72 shares in the last quarter. Jennison Associates LLC boosted its stake in Simpson Manufacturing by 1.8% in the 1st quarter. Jennison Associates LLC now owns 5,023 shares of the construction company's stock worth $1,031,000 after purchasing an additional 90 shares during the period. Private Advisor Group LLC grew its holdings in Simpson Manufacturing by 4.3% during the 1st quarter. Private Advisor Group LLC now owns 2,199 shares of the construction company's stock valued at $451,000 after buying an additional 91 shares in the last quarter. CWM LLC raised its position in shares of Simpson Manufacturing by 50.2% during the first quarter. CWM LLC now owns 323 shares of the construction company's stock valued at $66,000 after buying an additional 108 shares during the last quarter. Finally, Tidal Investments LLC lifted its holdings in shares of Simpson Manufacturing by 3.0% in the first quarter. Tidal Investments LLC now owns 3,748 shares of the construction company's stock worth $769,000 after buying an additional 109 shares in the last quarter. 93.68% of the stock is currently owned by institutional investors.

Simpson Manufacturing Price Performance

SSD stock traded up $0.91 during trading on Monday, hitting $192.69. 196,219 shares of the company's stock traded hands, compared to its average volume of 285,075. The business has a fifty day simple moving average of $181.91 and a 200 day simple moving average of $178.88. 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 $8.12 billion, a price-to-earnings ratio of 24.15 and a beta of 1.32. Simpson Manufacturing Co., Inc. has a 52 week low of $123.93 and a 52 week high of $218.38.

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

Simpson Manufacturing Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 3rd will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Thursday, October 3rd. Simpson Manufacturing's payout ratio is currently 14.04%.

Insider Buying and Selling

In related news, Director James S. Andrasick sold 500 shares of the business's stock in a transaction that occurred on 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 in the company, valued at approximately $154,797.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director James S. Andrasick sold 500 shares of the company's stock in a transaction dated Wednesday, August 28th. The shares were 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 directly owns 866 shares of the company's stock, valued at $154,797.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jennifer Lutz sold 1,000 shares of the firm's stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $175.58, for a total transaction of $175,580.00. Following the transaction, the executive vice president now directly owns 4,033 shares in the company, valued at $708,114.14. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,571 shares of company stock valued at $2,348,027 in the last 90 days. Company insiders own 0.42% of the company's stock.

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.