Robert W. Baird Cuts MSA Safety (NYSE:MSA) Price Target to $175.00

MSA Safety (NYSE:MSA) had its price objective lowered by Robert W. Baird from $190.00 to $175.00 in a research report report published on Tuesday,Benzinga reports. Robert W. Baird currently has a neutral rating on the industrial products company’s stock.

Several other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group began coverage on shares of MSA Safety in a research report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price objective for the company. B. Riley initiated coverage on shares of MSA Safety in a research report on Tuesday, November 5th. They issued a “buy” rating and a $200.00 price objective for the company. Finally, DA Davidson initiated coverage on shares of MSA Safety in a report on Thursday, December 19th. They issued a “buy” rating and a $195.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $197.00.

MSA Safety Stock Performance

NYSE MSA opened at $159.21 on Tuesday. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 22.08 and a beta of 1.00. The company has a 50 day moving average of $164.38 and a 200-day moving average of $170.96. 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 1-year low of $153.79 and a 1-year high of $200.60.

MSA Safety (NYSE:MSA) last released its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.23 by $0.02. MSA Safety had a return on equity of 28.62% and a net margin of 15.76%. On average, equities analysts forecast that MSA Safety will post 8.01 earnings per share for the current fiscal year.

MSA Safety Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Friday, February 14th. MSA Safety’s dividend payout ratio is 28.29%.

Institutional Trading of MSA Safety

A number of institutional investors have recently bought and sold shares of MSA. UMB Bank n.a. grew its holdings in MSA Safety by 78.4% during the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 80 shares during the period. SRS Capital Advisors Inc. grew its stake in shares of MSA Safety by 120.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 123 shares during the period. JFS Wealth Advisors LLC grew its stake in shares of MSA Safety by 97.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 251 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 124 shares during the period. Blue Trust Inc. grew its position in shares of MSA Safety by 486.0% during the 3rd quarter. Blue Trust Inc. now owns 252 shares of the industrial products company’s stock worth $47,000 after buying an additional 209 shares during the period. Finally, First Horizon Advisors Inc. grew its position in shares of MSA Safety by 81.3% during the 4th quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company’s stock worth $55,000 after buying an additional 148 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

About MSA Safety

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.