Oregon Public Employees Retirement Fund raised its stake in MSA Safety Incorporporated (NYSE:MSA) by 4.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 11,443 shares of the industrial products company’s stock after buying an additional 500 shares during the period. Oregon Public Employees Retirement Fund’s holdings in MSA Safety Incorporporated were worth $929,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Capstone Asset Management Co. boosted its stake in shares of MSA Safety Incorporporated by 0.7% in the second quarter. Capstone Asset Management Co. now owns 2,863 shares of the industrial products company’s stock valued at $232,000 after buying an additional 20 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of MSA Safety Incorporporated by 0.4% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 5,401 shares of the industrial products company’s stock valued at $382,000 after buying an additional 24 shares during the period. Bank of Montreal Can boosted its stake in shares of MSA Safety Incorporporated by 2.0% in the second quarter. Bank of Montreal Can now owns 2,908 shares of the industrial products company’s stock valued at $236,000 after buying an additional 58 shares during the period. Advantus Capital Management Inc boosted its stake in shares of MSA Safety Incorporporated by 3.5% in the first quarter. Advantus Capital Management Inc now owns 4,012 shares of the industrial products company’s stock valued at $284,000 after buying an additional 135 shares during the period. Finally, Retirement Systems of Alabama boosted its stake in shares of MSA Safety Incorporporated by 0.4% in the first quarter. Retirement Systems of Alabama now owns 40,460 shares of the industrial products company’s stock valued at $2,860,000 after buying an additional 169 shares during the period. 63.43% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MSA Safety Incorporporated (MSA) traded down 6.31% during midday trading on Friday, reaching $72.43. 468,014 shares of the company’s stock traded hands. The stock has a 50 day moving average of $80.37 and a 200-day moving average of $74.92. The stock has a market cap of $2.75 billion, a P/E ratio of 29.28 and a beta of 1.62. MSA Safety Incorporporated has a 12 month low of $53.10 and a 12 month high of $84.86.

MSA Safety Incorporporated (NYSE:MSA) last released its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by $0.02. MSA Safety Incorporporated had a net margin of 8.17% and a return on equity of 19.54%. The firm had revenue of $288.78 million for the quarter, compared to the consensus estimate of $302.94 million. During the same period in the previous year, the business earned $0.79 earnings per share. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, equities research analysts forecast that MSA Safety Incorporporated will post $3.23 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 10th. Investors of record on Wednesday, August 16th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Monday, August 14th. MSA Safety Incorporporated’s payout ratio is currently 57.85%.

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Several brokerages have commented on MSA. Stifel Nicolaus reissued a “buy” rating and set a $91.00 price target on shares of MSA Safety Incorporporated in a research report on Friday. Barrington Research boosted their price target on shares of MSA Safety Incorporporated from $78.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, April 27th. BidaskClub cut shares of MSA Safety Incorporporated from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Robert W. Baird boosted 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. Finally, Zacks Investment Research raised shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research report on Tuesday, May 2nd. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $87.50.

In related news, Director L Edward Shaw, Jr. sold 47,888 shares of the firm’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $77.96, for a total transaction of $3,733,348.48. Following the transaction, the director now directly owns 495,035 shares of the company’s stock, valued at $38,592,928.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director L Edward Shaw, Jr. sold 26,250 shares of the firm’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $78.07, for a total transaction of $2,049,337.50. Following the transaction, the director now directly owns 493,962 shares in the company, valued at $38,563,613.34. The disclosure for this sale can be found here. Insiders have sold 77,438 shares of company stock worth $6,039,987 over the last three months. 15.53% of the stock is owned by insiders.

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.

Institutional Ownership by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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