MSA Safety Incorporporated (NYSE:MSA) VP Markus H. Weber sold 5,811 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $72.80, for a total transaction of $423,040.80. Following the completion of the transaction, the vice president now owns 15,950 shares of the company’s stock, valued at $1,161,160. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of MSA Safety Incorporporated (NYSE:MSA) traded up 0.27% during trading on Friday, hitting $73.66. 105,049 shares of the company were exchanged. The firm’s 50-day moving average price is $71.85 and its 200 day moving average price is $75.08. MSA Safety Incorporporated has a 12 month low of $53.99 and a 12 month high of $84.86. The firm has a market capitalization of $2.81 billion, a PE ratio of 37.11 and a beta of 1.64.

MSA Safety Incorporporated (NYSE:MSA) last issued its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.02). MSA Safety Incorporporated had a return on equity of 19.64% and a net margin of 6.74%. The company had revenue of $288.78 million during the quarter, compared to analysts’ expectations of $302.94 million. During the same period in the previous year, the firm posted $0.79 EPS. MSA Safety Incorporporated’s revenue was down 2.4% compared to the same quarter last year. On average, equities research analysts expect that MSA Safety Incorporporated will post $3.19 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Sunday, September 10th. Stockholders of record on Wednesday, August 16th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, August 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.91%. MSA Safety Incorporporated’s payout ratio is 71.07%.

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A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Stifel Nicolaus reiterated a “buy” rating and issued a $91.00 price target on shares of MSA Safety Incorporporated in a research report on Friday, August 4th. BidaskClub lowered shares of MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Finally, Robert W. Baird upped their price target on shares of MSA Safety Incorporporated from $82.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, June 30th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. MSA Safety Incorporporated currently has a consensus rating of “Hold” and a consensus target price of $87.50.

Several hedge funds have recently made changes to their positions in MSA. Capstone Asset Management Co. acquired a new position in shares of MSA Safety Incorporporated during the 1st quarter valued at about $201,000. Oregon Public Employees Retirement Fund boosted its position in shares of MSA Safety Incorporporated by 1.9% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 10,943 shares of the industrial products company’s stock valued at $774,000 after acquiring an additional 200 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in shares of MSA Safety Incorporporated by 3.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 18,208 shares of the industrial products company’s stock valued at $1,286,000 after acquiring an additional 587 shares during the last quarter. State Treasurer State of Michigan boosted its position in shares of MSA Safety Incorporporated by 1.6% during the 1st quarter. State Treasurer State of Michigan now owns 12,700 shares of the industrial products company’s stock valued at $898,000 after acquiring an additional 200 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in shares of MSA Safety Incorporporated by 23.5% during the 1st quarter. First Trust Advisors LP now owns 30,631 shares of the industrial products company’s stock valued at $2,165,000 after acquiring an additional 5,824 shares during the last quarter. 68.24% of the stock is currently owned by hedge funds and other institutional investors.

About MSA Safety Incorporporated

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

Insider Buying and Selling by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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