First Pacific Financial Has $631,000 Stock Holdings in MSA Safety Incorporated (NYSE:MSA)

First Pacific Financial increased its stake in shares of MSA Safety Incorporated (NYSE:MSAGet Rating) by 3.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,756 shares of the industrial products company’s stock after purchasing an additional 147 shares during the quarter. First Pacific Financial’s holdings in MSA Safety were worth $631,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC acquired a new position in MSA Safety in the 4th quarter valued at approximately $25,000. Covestor Ltd acquired a new position in MSA Safety in the 4th quarter valued at approximately $26,000. Confluence Wealth Services Inc. acquired a new stake in shares of MSA Safety during the fourth quarter worth $56,000. Lindbrook Capital LLC acquired a new stake in shares of MSA Safety during the fourth quarter worth $71,000. Finally, Allegheny Financial Group LTD acquired a new stake in shares of MSA Safety during the fourth quarter worth $183,000. Hedge funds and other institutional investors own 78.23% of the company’s stock.

Separately, StockNews.com started coverage on shares of MSA Safety in a research report on Thursday, March 31st. They set a “hold” rating for the company.

Shares of MSA traded down $1.48 during trading hours on Tuesday, hitting $120.56. 547 shares of the stock were exchanged, compared to its average volume of 108,824. MSA Safety Incorporated has a fifty-two week low of $112.89 and a fifty-two week high of $167.49. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.47 and a quick ratio of 1.51. The business has a 50-day moving average of $121.96 and a 200-day moving average of $132.32. The firm has a market capitalization of $4.74 billion, a P/E ratio of 271.21 and a beta of 0.92.

MSA Safety (NYSE:MSAGet Rating) last posted its quarterly earnings data on Wednesday, April 27th. The industrial products company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.15. The company had revenue of $330.69 million during the quarter, compared to analysts’ expectations of $326.50 million. MSA Safety had a net margin of 1.27% and a return on equity of 22.48%. During the same period in the prior year, the company posted $0.95 earnings per share. As a group, analysts forecast that MSA Safety Incorporated will post 5.22 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Monday, May 16th were paid a dividend of $0.46 per share. The ex-dividend date was Friday, May 13th. This is a positive change from MSA Safety’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a yield of 1.53%. MSA Safety’s dividend payout ratio is currently 408.90%.

MSA Safety Company Profile (Get Rating)

MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, industrial manufacturing applications, utilities, military, and mining industries in North America, Latin America, and internationally.

Further Reading

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

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