The stock of MSA Safety Incorporated (NYSE:MSA) is a huge mover today! About 146,141 shares traded hands or 75.72% up from the average. MSA Safety Incorporated (NYSE:MSA) has risen 11.21% since March 29, 2016 and is uptrending. It has outperformed by 7.74% the S&P500.
The move comes after 9 months positive chart setup for the $2.08 billion company. It was reported on Oct, 31 by Barchart.com. We have $92.43 PT which if reached, will make NYSE:MSA worth $1.21B more.
MSA Safety Incorporated (NYSE:MSA) Ratings Coverage
Out of 5 analysts covering MSA Safety Incorporated (NYSE:MSA), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. MSA Safety Incorporated has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. On Monday, October 31 the stock rating was upgraded by Robert W. Baird to “Outperform”. The stock has “Neutral” rating given by Robert W. Baird on Friday, July 22. Sidoti downgraded the shares of MSA in a report on Tuesday, April 19 to “Neutral” rating. The firm earned “Neutral” rating on Friday, July 24 by Global Hunter Securities. The rating was upgraded by Stifel Nicolaus on Tuesday, June 14 to “Buy”. As per Friday, October 23, the company rating was maintained by Barrington Research.
According to Zacks Investment Research, “MSA Safety Inc. is engaged in the development, manufacture and supply of safety products that protect people and facility infrastructures. The company’s core product lines include self-contained breathing apparatus, fixed gas and flame detection systems, handheld gas detection instruments, industrial and fire service head protection products and fall protection devices. It serves a broad range of industries, including the oil, gas and petrochemical industry, the fire service, construction, mining and general industry. MSA Safety Inc., formerly known as Mine Safety Appliances Company, is headquartered in Cranberry Township, Pennsylvania.”
Insitutional Activity: The institutional sentiment increased to 1.35 in Q2 2016. Its up 0.01, from 1.34 in 2016Q1. The ratio improved, as 12 funds sold all MSA Safety Incorporated shares owned while 48 reduced positions. 21 funds bought stakes while 60 increased positions. They now own 22.29 million shares or 14.01% less from 25.92 million shares in 2016Q1.
Advsrs Asset Mgmt Incorporated has 0% invested in the company for 913 shares. Morgan Dempsey Capital Mgmt Lc has 199,241 shares for 3.54% of their US portfolio. Ridgeworth Limited Liability Company accumulated 0.19% or 408,238 shares. Swiss Savings Bank holds 52,200 shares or 0% of its portfolio. Gemmer Asset Mgmt holds 0% or 143 shares in its portfolio. The New York-based Teachers Advsrs has invested 0% in MSA Safety Incorporated (NYSE:MSA). Morgan Stanley holds 0% or 76,746 shares in its portfolio. Alliancebernstein Lp holds 0% of its portfolio in MSA Safety Incorporated (NYSE:MSA) for 55,239 shares. Moreover, Ancora Ltd Company has 0.04% invested in MSA Safety Incorporated (NYSE:MSA) for 6,000 shares. Moreover, Schwab Charles Inv Management Inc has 0.01% invested in MSA Safety Incorporated (NYSE:MSA) for 138,837 shares. Livingston Gp Asset (Operating As Southport Capital Management) has 1,752 shares for 0.05% of their US portfolio. Victory Cap Mgmt last reported 0% of its portfolio in the stock. Liberty Mutual Gru Asset, a Massachusetts-based fund reported 13,791 shares. State Street, a Massachusetts-based fund reported 973,703 shares. Ellington Mngmt Gru Lc holds 0.32% or 4,400 shares in its portfolio.
Insider Transactions: Since May 6, 2016, the stock had 0 insider purchases, and 4 insider sales for $1.44 million net activity. The insider LAMBERT WILLIAM M sold $1.06M. 4,731 shares were sold by MCCLAINE DOUGLAS K, worth $264,936 on Monday, August 8. $61,582 worth of MSA Safety Incorporated (NYSE:MSA) was sold by SHAW L EDWARD JR on Friday, May 13. 1,283 MSA Safety Incorporated (NYSE:MSA) shares with value of $61,584 were sold by PEARSE DIANE M.
More notable recent MSA Safety Incorporated (NYSE:MSA) news were published by: Prnewswire.com which released: “MSA Safety Incorporated Completes Acquisition of Latchways plc” on October 21, 2015, also Prnewswire.com with their article: “MSA Safety Incorporated to Acquire Latchways plc” published on September 01, 2015, Prnewswire.com published: “MSA Declares Fourth Quarter Dividend” on October 27, 2016. More interesting news about MSA Safety Incorporated (NYSE:MSA) were released by: Prnewswire.com and their article: “MSA Wins ‘Best in Show’ at National Safety Council Conference” published on October 25, 2016 as well as Prnewswire.com‘s news article titled: “MSA Establishes New Holding Company Structure Under the Name MSA Safety …” with publication date: March 03, 2014.
MSA Company Profile
MSA Safety Incorporated, incorporated on February 25, 2014, is engaged in the development, manufacture and supply of products that protect people and facility infrastructures. The Company’s safety products integrate a combination of electronics, mechanical systems and materials to protect users against hazardous or life threatening situations. The Firm operates through four geographic divisions: North America, Europe, International and Corporate. The Company’s line of safety products are used by workers around the world in a range of markets, including the gas and oil, fire service, construction and mining industries. The Firm also sells products designed for specific industrial and military applications. The Company’s core products include self-contained breathing apparatus (SCBA), fixed gas and flame detection systems, portable gas detection instruments, industrial head protection, fire and rescue helmets, and fall protection devices. The Company’s clients include distributors, industrial or military end users and retail consumers.
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