Royce & Associates LP lifted its holdings in Simpson Manufacturing Company, Inc. (NYSE:SSD) by 6.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 792,625 shares of the construction company’s stock after purchasing an additional 50,380 shares during the quarter. Royce & Associates LP owned about 1.68% of Simpson Manufacturing worth $38,870,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Cornerstone Capital Inc. lifted its stake in Simpson Manufacturing by 1.1% in the 3rd quarter. Cornerstone Capital Inc. now owns 390,960 shares of the construction company’s stock valued at $19,173,000 after acquiring an additional 4,180 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Simpson Manufacturing by 1.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,778,840 shares of the construction company’s stock valued at $87,234,000 after acquiring an additional 28,126 shares in the last quarter. Brown Advisory Inc. lifted its stake in Simpson Manufacturing by 13.9% in the 3rd quarter. Brown Advisory Inc. now owns 824,053 shares of the construction company’s stock valued at $40,411,000 after acquiring an additional 100,558 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Simpson Manufacturing by 12.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 283,341 shares of the construction company’s stock valued at $13,896,000 after acquiring an additional 32,056 shares in the last quarter. Finally, Nuance Investments LLC lifted its stake in Simpson Manufacturing by 10.8% in the 3rd quarter. Nuance Investments LLC now owns 153,932 shares of the construction company’s stock valued at $7,549,000 after acquiring an additional 15,047 shares in the last quarter. Institutional investors and hedge funds own 84.57% of the company’s stock.

In other news, major shareholder Sharon H. Simpson sold 72,424 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $200,724.00, for a total transaction of $14,537,234,976.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Sharon H. Simpson sold 11,962 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $49.05, for a total value of $586,736.10. Following the sale, the insider now owns 769,504 shares in the company, valued at approximately $37,744,171.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 966,062 shares of company stock worth $14,581,567,733. Company insiders own 0.36% of the company’s stock.

SSD has been the topic of several research reports. DA Davidson upgraded Simpson Manufacturing from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 31st. Robert W. Baird upgraded Simpson Manufacturing from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $50.00 to $58.00 in a research note on Tuesday, October 31st. Finally, BidaskClub cut Simpson Manufacturing from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th.

Shares of Simpson Manufacturing Company, Inc. (NYSE SSD) traded up $0.28 during trading on Friday, hitting $60.43. The stock had a trading volume of 206,300 shares, compared to its average volume of 215,056. Simpson Manufacturing Company, Inc. has a one year low of $39.82 and a one year high of $61.62. The company has a market cap of $2,845.92, a PE ratio of 32.69, a P/E/G ratio of 6.42 and a beta of 1.52.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend is Wednesday, January 3rd. Simpson Manufacturing’s dividend payout ratio is currently 41.58%.

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Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc, through its subsidiary, Simpson Strong-Tie Company Inc (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction. The Company’s segments are North America, Europe, Asia/Pacific, and Administrative & All Other.

Institutional Ownership by Quarter for Simpson Manufacturing (NYSE:SSD)

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