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Mine Safety Appliances (NYSE:MSA) VP Joseph A. Bigler sold 4,224 shares of the stock on the open market in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $55.28, for a total value of $233,502.72. Following the transaction, the vice president now directly owns 38,402 shares in the company, valued at approximately $2,122,863. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Separately, analysts at Zacks upgraded shares of Mine Safety Appliances from an “underperform” rating to a “neutral” rating in a research note on Monday, July 28th. They now have a $56.50 price target on the stock.

Mine Safety Appliances (NYSE:MSA) opened at 55.29 on Monday. Mine Safety Appliances has a 52 week low of $46.50 and a 52 week high of $61.08. The stock’s 50-day moving average is $56.50 and its 200-day moving average is $54.48. The company has a market cap of $2.068 billion and a price-to-earnings ratio of 25.49.

Mine Safety Appliances (NYSE:MSA) last announced its earnings results on Wednesday, July 23rd. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.62 by $0.02. On average, analysts predict that Mine Safety Appliances will post $2.36 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Investors of record on Tuesday, August 19th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Friday, August 15th.

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety.

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