Harvest Fund Administration Co. Ltd acquired a brand new place in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report) throughout the second quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The institutional investor acquired 669 shares of the development firm’s inventory, valued at roughly $93,000.
Different institutional buyers have additionally added to or decreased their stakes within the firm. American Century Firms Inc. elevated its stake in Simpson Manufacturing by 5.8% within the 1st quarter. American Century Firms Inc. now owns 10,786 shares of the development firm’s inventory value $1,176,000 after buying a further 587 shares over the past quarter. HighTower Advisors LLC elevated its stake in Simpson Manufacturing by 4.2% within the 1st quarter. HighTower Advisors LLC now owns 2,757 shares of the development firm’s inventory value $300,000 after buying a further 111 shares over the past quarter. AlphaCrest Capital Administration LLC purchased a brand new place in Simpson Manufacturing within the 1st quarter value about $231,000. Financial institution of Montreal Can elevated its stake in Simpson Manufacturing by 4.0% within the 1st quarter. Financial institution of Montreal Can now owns 3,420 shares of the development firm’s inventory value $389,000 after buying a further 133 shares over the past quarter. Lastly, Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS elevated its stake in Simpson Manufacturing by 10.5% within the 1st quarter. Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS now owns 15,920 shares of the development firm’s inventory value $1,736,000 after buying a further 1,518 shares over the past quarter. Hedge funds and different institutional buyers personal 89.45% of the corporate’s inventory.
Analyst Scores Adjustments
Quite a few equities analysts have weighed in on SSD shares. StockNews.com began protection on Simpson Manufacturing in a analysis word on Thursday, August seventeenth. They issued a “purchase” score on the inventory. DA Davidson elevated their value goal on Simpson Manufacturing from $135.00 to $175.00 and gave the corporate a “impartial” score in a analysis report on Tuesday, July twenty fifth. Lastly, Robert W. Baird elevated their value goal on Simpson Manufacturing from $176.00 to $190.00 in a analysis report on Tuesday, July twenty fifth.
View Our Newest Report on Simpson Manufacturing
Simpson Manufacturing Buying and selling Down 3.1 %
NYSE SSD opened at $152.00 on Friday. Simpson Manufacturing Co., Inc. has a fifty-two week low of $75.25 and a fifty-two week excessive of $166.02. The corporate has a debt-to-equity ratio of 0.34, a fast ratio of two.14 and a present ratio of three.46. The inventory has a 50 day easy transferring common of $154.23 and a two-hundred day easy transferring common of $131.48. The inventory has a market cap of $6.49 billion, a P/E ratio of 19.10 and a beta of 1.23.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final launched its earnings outcomes on Monday, July twenty fourth. The development firm reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.13 by $0.37. The corporate had income of $597.60 million throughout the quarter, in comparison with analysts’ expectations of $553.23 million. Simpson Manufacturing had a return on fairness of 23.43% and a internet margin of 15.78%. The agency’s income for the quarter was up .7% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the enterprise posted $2.16 EPS. On common, analysts forecast that Simpson Manufacturing Co., Inc. will publish 8.22 earnings per share for the present yr.
Simpson Manufacturing Dividend Announcement
The enterprise additionally not too long ago disclosed a quarterly dividend, which shall be paid on Thursday, October twenty sixth. Traders of document on Thursday, October fifth shall be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized foundation and a yield of 0.71%. The ex-dividend date is Wednesday, October 4th. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 13.57%.
Insider Exercise at Simpson Manufacturing
In associated information, EVP Roger Dankel bought 2,500 shares of the agency’s inventory in a transaction that occurred on Friday, August 4th. The inventory was bought at a median value of $155.00, for a complete transaction of $387,500.00. Following the completion of the transaction, the chief vp now owns 32,202 shares of the corporate’s inventory, valued at roughly $4,991,310. The transaction was disclosed in a submitting with the SEC, which will be accessed by this hyperlink. In different information, Director James S. Andrasick bought 1,000 shares of the agency’s inventory in a transaction on Monday, August seventh. The inventory was bought at a median value of $156.07, for a complete worth of $156,070.00. Following the transaction, the director now instantly owns 724 shares within the firm, valued at roughly $112,994.68. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. Additionally, EVP Roger Dankel bought 2,500 shares of the agency’s inventory in a transaction on Friday, August 4th. The inventory was bought at a median value of $155.00, for a complete worth of $387,500.00. Following the completion of the transaction, the chief vp now owns 32,202 shares within the firm, valued at $4,991,310. The disclosure for this sale will be discovered right here. Insiders bought a complete of 4,215 shares of firm inventory valued at $656,495 within the final 90 days. Company insiders personal 0.65% of the corporate’s inventory.
Simpson Manufacturing Firm Profile
(Free Report)
Simpson Manufacturing Co, Inc, by its subsidiaries, designs, engineers, manufactures, and sells wooden and concrete development merchandise. The corporate provides wooden development merchandise, together with connectors, truss plates, fastening programs, fasteners and shearwalls, and pre-fabricated lateral programs to be used in light-frame development; and concrete development merchandise comprising adhesives, specialty chemical compounds, mechanical anchors, carbide drill bits, powder actuated instruments, fiber-reinforced supplies, and different restore merchandise to be used in concrete, masonry, and metal development, in addition to grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer programs, and asphalt merchandise to be used in concrete development restore, and strengthening and safety merchandise.
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