Thematics Asset Management Has $22.71 Million Holdings in MSA Safety Incorporated (NYSE:MSA)

Thematics Asset Management lowered its position in MSA Safety Incorporated (NYSE:MSA - Free Report) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,000 shares of the industrial products company's stock after selling 6,000 shares during the period. Thematics Asset Management owned 0.35% of MSA Safety worth $22,710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mesirow Institutional Investment Management Inc. raised its position in MSA Safety by 2.5% in the 4th quarter. Mesirow Institutional Investment Management Inc. now owns 15,298 shares of the industrial products company's stock worth $2,536,000 after purchasing an additional 373 shares during the last quarter. MetLife Investment Management LLC lifted its position in MSA Safety by 9.0% during the 4th quarter. MetLife Investment Management LLC now owns 22,120 shares of the industrial products company's stock valued at $3,667,000 after purchasing an additional 1,821 shares during the period. Natixis boosted its stake in shares of MSA Safety by 1,255,000.0% in the 4th quarter. Natixis now owns 25,102 shares of the industrial products company's stock valued at $4,161,000 after purchasing an additional 25,100 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of MSA Safety by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 760,794 shares of the industrial products company's stock worth $126,118,000 after buying an additional 4,734 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of MSA Safety by 554.3% during the fourth quarter. First Trust Advisors LP now owns 284,552 shares of the industrial products company's stock worth $47,170,000 after buying an additional 241,061 shares during the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.

MSA Safety Stock Up 2.0 %

Shares of NYSE:MSA traded up $2.80 during mid-day trading on Tuesday, reaching $145.17. 199,291 shares of the stock were exchanged, compared to its average volume of 174,031. The stock's 50 day simple moving average is $150.46 and its 200-day simple moving average is $162.42. MSA Safety Incorporated has a one year low of $127.86 and a one year high of $200.61. The company has a market cap of $5.70 billion, a P/E ratio of 20.13 and a beta of 0.97. The company has a quick ratio of 1.76, a current ratio of 2.79 and a debt-to-equity ratio of 0.42.

MSA Safety (NYSE:MSA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.23 by $0.02. MSA Safety had a net margin of 15.76% and a return on equity of 28.64%. As a group, equities research analysts predict that MSA Safety Incorporated will post 8.06 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird lowered their target price on shares of MSA Safety from $175.00 to $161.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Two analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $194.20.

Insider Buying and Selling at MSA Safety

In related news, CAO Jonathan D. Buck sold 717 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $159.00, for a total transaction of $114,003.00. Following the transaction, the chief accounting officer now directly owns 3,673 shares in the company, valued at approximately $584,007. The trade was a 16.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.70% of the company's stock.

MSA Safety Company Profile

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.