Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD - Free Report) by 148.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,157 shares of the construction company's stock after acquiring an additional 71,276 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.28% of Simpson Manufacturing worth $19,760,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Park Place Capital Corp purchased a new stake in shares of Simpson Manufacturing during the fourth quarter worth about $29,000. World Investment Advisors LLC purchased a new stake in Simpson Manufacturing during the 3rd quarter worth approximately $30,000. R Squared Ltd acquired a new position in Simpson Manufacturing during the 4th quarter valued at approximately $30,000. UMB Bank n.a. raised its holdings in shares of Simpson Manufacturing by 88.2% in the fourth 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 last quarter. Finally, V Square Quantitative Management LLC lifted its stake in shares of Simpson Manufacturing by 53.4% during the fourth quarter. V Square Quantitative Management LLC now owns 273 shares of the construction company's stock worth $45,000 after buying an additional 95 shares during the period. 93.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Simpson Manufacturing

In other Simpson Manufacturing news, EVP Michael Andersen sold 1,000 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $169.98, for a total transaction of $169,980.00. Following the sale, the executive vice president now directly owns 8,810 shares in the company, valued at $1,497,523.80. This represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is currently owned by company insiders.

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Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Robert W. Baird cut their target price on Simpson Manufacturing from $196.00 to $192.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. DA Davidson cut their price objective on Simpson Manufacturing from $195.00 to $185.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th.

Simpson Manufacturing Stock Performance

Shares of SSD stock traded down $1.42 during trading hours on Friday, hitting $157.48. The company's stock had a trading volume of 663,844 shares, compared to its average volume of 282,763. The stock has a market cap of $6.61 billion, a PE ratio of 20.72 and a beta of 1.39. Simpson Manufacturing Co., Inc. has a 12-month low of $152.74 and a 12-month high of $205.88. The company has a 50 day moving average of $164.76 and a 200 day moving average of $175.19. The company has a current ratio of 3.21, a quick ratio of 1.59 and a debt-to-equity ratio of 0.20.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its earnings results on Monday, February 10th. The construction company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a net margin of 14.44% and a return on equity of 18.00%. On average, sell-side analysts forecast that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current fiscal year.

Simpson Manufacturing Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 3rd will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.71%. Simpson Manufacturing's payout ratio is presently 14.74%.

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.