15,500 Shares in Simpson Manufacturing Co., Inc. (NYSE:SSD) Purchased by Robeco Schweiz AG

Robeco Schweiz AG acquired a new stake in Simpson Manufacturing Co., Inc. (NYSE:SSD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 15,500 shares of the construction company’s stock, valued at approximately $2,570,000.

A number of other hedge funds have also added to or reduced their stakes in SSD. Park Place Capital Corp purchased a new stake in shares of Simpson Manufacturing in the fourth quarter valued at approximately $29,000. World Investment Advisors LLC purchased a new stake in shares of Simpson Manufacturing in the 3rd quarter worth $30,000. R Squared Ltd bought a new position in shares of Simpson Manufacturing during the 4th quarter worth $30,000. UMB Bank n.a. grew its position in shares of Simpson Manufacturing by 88.2% during the 4th quarter. UMB Bank n.a. now owns 207 shares of the construction company’s stock worth $34,000 after buying an additional 97 shares in the last quarter. Finally, Prospera Private Wealth LLC purchased a new position in shares of Simpson Manufacturing during the third quarter valued at $37,000. 93.68% of the stock is currently owned by institutional investors.

Simpson Manufacturing Price Performance

NYSE SSD opened at $168.76 on Thursday. The company has a market cap of $7.12 billion, a PE ratio of 22.21 and a beta of 1.35. The firm’s 50 day moving average price is $167.22 and its 200-day moving average price is $177.93. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.59 and a current ratio of 3.21. Simpson Manufacturing Co., Inc. has a 52-week low of $155.73 and a 52-week high of $218.38.

Simpson Manufacturing (NYSE:SSD) last announced its earnings results on Monday, February 10th. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a return on equity of 18.00% and a net margin of 14.44%. Sell-side analysts forecast that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current fiscal year.

Simpson Manufacturing Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be issued a $0.28 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $1.12 dividend on an annualized basis and a yield of 0.66%. Simpson Manufacturing’s dividend payout ratio is presently 14.74%.

Insider Buying and Selling at Simpson Manufacturing

In other news, EVP Roger Dankel sold 250 shares of Simpson Manufacturing stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $183.06, for a total value of $45,765.00. Following the transaction, the executive vice president now owns 23,814 shares of the company’s stock, valued at $4,359,390.84. The trade was a 1.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird lowered their price objective on shares of Simpson Manufacturing from $196.00 to $192.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th.

Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.