Federated Investors Inc. PA decreased its position in shares of MSA Safety Incorporporated (NYSE:MSA) by 10.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,613 shares of the industrial products company’s stock after selling 2,279 shares during the period. Federated Investors Inc. PA owned about 0.05% of MSA Safety Incorporporated worth $1,673,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. boosted its position in shares of MSA Safety Incorporporated by 20,572.3% during the 1st quarter. BlackRock Inc. now owns 3,192,629 shares of the industrial products company’s stock worth $225,685,000 after acquiring an additional 3,177,185 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of MSA Safety Incorporporated by 8.8% during the 1st quarter. Vanguard Group Inc. now owns 3,060,446 shares of the industrial products company’s stock worth $216,344,000 after acquiring an additional 247,532 shares in the last quarter. State Street Corp boosted its position in shares of MSA Safety Incorporporated by 117.4% during the 1st quarter. State Street Corp now owns 2,098,154 shares of the industrial products company’s stock worth $148,317,000 after acquiring an additional 1,133,038 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of MSA Safety Incorporporated by 10.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,287,775 shares of the industrial products company’s stock worth $104,529,000 after acquiring an additional 124,825 shares in the last quarter. Finally, Pictet Asset Management Ltd. boosted its position in shares of MSA Safety Incorporporated by 33.1% during the 2nd quarter. Pictet Asset Management Ltd. now owns 324,000 shares of the industrial products company’s stock worth $26,276,000 after acquiring an additional 80,500 shares in the last quarter. Institutional investors and hedge funds own 68.24% of the company’s stock.

In related news, VP Markus H. Weber sold 2,300 shares of the company’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $71.08, for a total transaction of $163,484.00. Following the sale, the vice president now owns 13,801 shares of the company’s stock, valued at approximately $980,975.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John T. Ryan III sold 32,100 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $71.43, for a total transaction of $2,292,903.00. Following the sale, the director now directly owns 1,025,013 shares in the company, valued at approximately $73,216,678.59. The disclosure for this sale can be found here. Corporate insiders own 11.47% of the company’s stock.

Several analysts recently issued reports on MSA shares. Stifel Nicolaus increased their price target on shares of MSA Safety Incorporporated from $81.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, May 22nd. BidaskClub lowered shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Robert W. Baird increased 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 lowered shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $87.50.

TRADEMARK VIOLATION WARNING: “Federated Investors Inc. PA Has $1.67 Million Position in MSA Safety Incorporporated (MSA)” was published by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international trademark and copyright law. The original version of this piece of content can be read at https://www.dailypolitical.com/2017/09/12/federated-investors-inc-pa-has-1-67-million-position-in-msa-safety-incorporporated-msa.html.

Shares of MSA Safety Incorporporated (NYSE MSA) opened at 72.01 on Tuesday. The company’s 50 day moving average is $72.47 and its 200 day moving average is $75.12. The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 36.28 and a beta of 1.64. MSA Safety Incorporporated has a 52-week low of $53.10 and a 52-week high of $84.86.

MSA Safety Incorporporated (NYSE:MSA) last posted its earnings results on Thursday, August 3rd. The industrial products company reported $0.85 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.87 by $0.02. The firm had revenue of $288.78 million for the quarter, compared to the consensus estimate of $302.94 million. MSA Safety Incorporporated had a return on equity of 19.64% and a net margin of 6.74%. The business’s revenue was down 2.4% on a year-over-year basis. During the same period last year, the company posted $0.79 EPS. Analysts anticipate that MSA Safety Incorporporated will post $3.19 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Sunday, September 10th. Investors of record on Wednesday, August 16th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend was Monday, August 14th. MSA Safety Incorporporated’s dividend payout ratio (DPR) is presently 71.07%.

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)

Receive News & Ratings for MSA Safety Incorporporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSA Safety Incorporporated and related companies with MarketBeat.com's FREE daily email newsletter.