MSA Safety (NYSE:MSA) Given New $161.00 Price Target at Robert W. Baird

MSA Safety (NYSE:MSA) had its price objective trimmed by Robert W. Baird from $175.00 to $161.00 in a report released on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the industrial products company’s stock.

Separately, DA Davidson assumed coverage on shares of MSA Safety in a research report on Thursday, December 19th. They set a “buy” rating and a $195.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $194.20.

MSA Safety Trading Up 1.2 %

NYSE:MSA opened at $144.17 on Tuesday. The stock has a fifty day moving average price of $151.66 and a 200 day moving average price of $163.07. The company has a current ratio of 2.79, a quick ratio of 1.76 and a debt-to-equity ratio of 0.42. MSA Safety has a 12-month low of $127.86 and a 12-month high of $200.61. The firm has a market cap of $5.66 billion, a PE ratio of 20.00 and a beta of 0.97.

MSA Safety (NYSE:MSA) last announced its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.02. MSA Safety had a return on equity of 28.64% and a net margin of 15.76%. Sell-side analysts anticipate that MSA Safety will post 8.06 earnings per share for the current fiscal year.

Insider Buying and Selling at MSA Safety

In related news, CAO Jonathan D. Buck sold 717 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $159.00, for a total value of $114,003.00. Following the transaction, the chief accounting officer now directly owns 3,673 shares of the company’s stock, valued at $584,007. This trade represents a 16.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 6.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MSA Safety

A number of institutional investors and hedge funds have recently bought and sold shares of MSA. Covestor Ltd increased its position in shares of MSA Safety by 8.2% during the fourth quarter. Covestor Ltd now owns 869 shares of the industrial products company’s stock worth $144,000 after purchasing an additional 66 shares in the last quarter. GAMMA Investing LLC grew its stake in MSA Safety by 39.4% during the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock worth $39,000 after buying an additional 76 shares during the last quarter. Arizona State Retirement System increased its position in MSA Safety by 0.7% during the fourth quarter. Arizona State Retirement System now owns 10,851 shares of the industrial products company’s stock worth $1,799,000 after buying an additional 78 shares during the period. UMB Bank n.a. lifted its stake in MSA Safety by 78.4% in the fourth quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock valued at $30,000 after buying an additional 80 shares during the last quarter. Finally, US Bancorp DE lifted its stake in MSA Safety by 3.9% in the fourth quarter. US Bancorp DE now owns 2,190 shares of the industrial products company’s stock valued at $363,000 after buying an additional 83 shares during the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.

MSA Safety Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.