ORG Partners LLC Acquires Shares of 6,825 MSA Safety Incorporated (NYSE:MSA)

ORG Partners LLC bought a new stake in shares of MSA Safety Incorporated (NYSE:MSA - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,825 shares of the industrial products company's stock, valued at approximately $1,131,000.

Several other large investors also recently bought and sold shares of the business. State Street Corp increased its holdings in MSA Safety by 2.5% during the third quarter. State Street Corp now owns 1,691,319 shares of the industrial products company's stock valued at $299,939,000 after buying an additional 40,569 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of MSA Safety by 27.6% during the third quarter. Geode Capital Management LLC now owns 781,705 shares of the industrial products company's stock worth $138,658,000 after acquiring an additional 169,168 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of MSA Safety by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 738,951 shares of the industrial products company's stock worth $138,695,000 after purchasing an additional 22,979 shares during the last quarter. Conestoga Capital Advisors LLC raised its holdings in shares of MSA Safety by 43.5% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 440,316 shares of the industrial products company's stock worth $78,086,000 after acquiring an additional 133,373 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in MSA Safety by 6.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 418,237 shares of the industrial products company's stock valued at $74,170,000 after purchasing an additional 26,835 shares in the last quarter. 92.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. DA Davidson started coverage on MSA Safety in a research report on Thursday, December 19th. They set a "buy" rating and a $195.00 target price on the stock. Jefferies Financial Group started coverage on MSA Safety in a research note on Thursday, December 12th. They issued a "hold" rating and a $200.00 price objective on the stock. Finally, B. Riley started coverage on shares of MSA Safety in a report on Tuesday, November 5th. They issued a "buy" rating and a $200.00 price target for the company. One analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $202.50.

MSA Safety Stock Down 2.7 %

NYSE:MSA traded down $4.35 during midday trading on Friday, reaching $156.48. 160,668 shares of the stock traded hands, compared to its average volume of 151,395. The stock has a market capitalization of $6.15 billion, a PE ratio of 22.61 and a beta of 1.00. MSA Safety Incorporated has a 12-month low of $156.30 and a 12-month high of $200.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68. The business has a 50-day moving average of $170.46 and a two-hundred day moving average of $176.15.

MSA Safety (NYSE:MSA - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.05. The company had revenue of $432.68 million during the quarter, compared to analysts' expectations of $449.95 million. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The firm's revenue was down 3.1% compared to the same quarter last year. During the same period last year, the business posted $1.78 earnings per share. On average, equities analysts forecast that MSA Safety Incorporated will post 7.66 earnings per share for the current fiscal year.

MSA Safety Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Friday, November 15th. MSA Safety's dividend payout ratio (DPR) is 29.48%.

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.