WINTON GROUP Ltd Purchases 625 Shares of MSA Safety Inc (NYSE:MSA)

WINTON GROUP Ltd boosted its position in shares of MSA Safety Inc (NYSE:MSA) by 20.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,627 shares of the industrial products company’s stock after purchasing an additional 625 shares during the period. WINTON GROUP Ltd’s holdings in MSA Safety were worth $382,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MSA. Louisiana State Employees Retirement System grew its stake in MSA Safety by 1.1% in the 1st quarter. Louisiana State Employees Retirement System now owns 9,400 shares of the industrial products company’s stock worth $972,000 after acquiring an additional 100 shares in the last quarter. Bank of America Corp DE grew its stake in MSA Safety by 7.8% in the 4th quarter. Bank of America Corp DE now owns 128,705 shares of the industrial products company’s stock worth $12,133,000 after acquiring an additional 9,284 shares in the last quarter. Norges Bank bought a new position in MSA Safety in the 4th quarter worth about $38,442,000. Raymond James & Associates grew its stake in MSA Safety by 1.3% in the 1st quarter. Raymond James & Associates now owns 53,391 shares of the industrial products company’s stock worth $5,521,000 after acquiring an additional 677 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in MSA Safety in the 1st quarter worth about $967,000. Institutional investors own 74.09% of the company’s stock.

MSA stock traded down $0.33 during mid-day trading on Friday, reaching $104.57. The company had a trading volume of 596 shares, compared to its average volume of 127,160. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.67 and a quick ratio of 1.94. The stock has a market cap of $4.11 billion, a P/E ratio of 23.23 and a beta of 1.29. The business has a 50 day moving average of $104.71. MSA Safety Inc has a 12 month low of $86.72 and a 12 month high of $113.06.

MSA Safety (NYSE:MSA) last released its quarterly earnings data on Wednesday, July 24th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.17 by $0.05. MSA Safety had a net margin of 8.89% and a return on equity of 28.35%. The firm had revenue of $349.68 million for the quarter, compared to the consensus estimate of $351.73 million. During the same period last year, the firm earned $1.07 earnings per share. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Equities analysts anticipate that MSA Safety Inc will post 4.88 EPS for the current fiscal year.

In other news, Director L Edward Shaw, Jr. sold 4,854 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $105.36, for a total transaction of $511,417.44. Following the transaction, the director now directly owns 447,092 shares in the company, valued at $47,105,613.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Kenneth D. Krause sold 3,800 shares of the stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $104.00, for a total transaction of $395,200.00. Following the transaction, the chief financial officer now owns 20,308 shares in the company, valued at $2,112,032. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,602 shares of company stock worth $1,656,428. Insiders own 9.12% of the company’s stock.

MSA has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of MSA Safety from a “buy” rating to a “hold” rating in a research note on Thursday, June 27th. ValuEngine downgraded shares of MSA Safety from a “buy” rating to a “hold” rating in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $108.33.

MSA Safety Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, utilities, and mining industries worldwide. It operates through Americas and International segments. The company's core product offerings include permanently installed fixed gas and flame detection instruments, such as permanently installed gas detection monitoring systems, and flame detectors and open-path infrared gas detectors, as well as replacement components and related services to detect the presence or absence of various gases in the air.

Further Reading: How Do Mutual Funds Work?

Want to see what other hedge funds are holding MSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSA Safety Inc (NYSE:MSA).

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

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