KB Monetary Companions LLC bought a brand new place in Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report) throughout the first quarter, in line with its most up-to-date disclosure with the Securities and Alternate Fee. The fund bought 7,386 shares of the development firm’s inventory, valued at roughly $810,000.
A number of different hedge funds and different institutional traders have additionally just lately purchased and offered shares of SSD. 1832 Asset Administration L.P. bought a brand new place in shares of Simpson Manufacturing within the first quarter price $27,000. Signaturefd LLC raised its stake in shares of Simpson Manufacturing by 276.4% throughout the first quarter. Signaturefd LLC now owns 271 shares of the development firm’s inventory valued at $30,000 after buying a further 199 shares over the last quarter. Quantbot Applied sciences LP bought a brand new stake in shares of Simpson Manufacturing throughout the first quarter price about $30,000. Quadrant Capital Group LLC grew its stake in shares of Simpson Manufacturing by 55.1% within the fourth quarter. Quadrant Capital Group LLC now owns 366 shares of the development firm’s inventory price $32,000 after buying a further 130 shares over the last quarter. Lastly, Worldwide Property Funding Administration LLC bought a brand new place in Simpson Manufacturing throughout the 1st quarter valued at about $35,000. Institutional traders personal 89.45% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
Quite a few equities analysis analysts have just lately weighed in on SSD shares. DA Davidson lifted their worth goal on Simpson Manufacturing from $135.00 to $175.00 and gave the inventory a “impartial” score in a analysis report on Tuesday, July twenty fifth. StockNews.com started protection on shares of Simpson Manufacturing in a analysis report on Thursday, August seventeenth. They set a “purchase” score on the inventory. Lastly, Robert W. Baird raised their goal worth on shares of Simpson Manufacturing from $176.00 to $190.00 in a analysis report on Tuesday, July twenty fifth.
View Our Newest Inventory Evaluation on SSD
Insider Shopping for and Promoting
In different information, Director Philip E. Donaldson offered 675 shares of the corporate’s inventory in a transaction on Friday, July twenty eighth. The inventory was offered at a mean worth of $157.94, for a complete transaction of $106,609.50. Following the transaction, the director now immediately owns 6,549 shares of the corporate’s inventory, valued at $1,034,349.06. The sale was disclosed in a submitting with the SEC, which is accessible on the SEC web site. In associated information, Director Philip E. Donaldson offered 675 shares of the inventory in a transaction that occurred on Friday, July twenty eighth. The shares had been offered at a mean worth of $157.94, for a complete transaction of $106,609.50. Following the transaction, the director now owns 6,549 shares within the firm, valued at $1,034,349.06. The sale was disclosed in a authorized submitting with the SEC, which could be accessed by way of the SEC web site. Additionally, Director James S. Andrasick offered 1,000 shares of the agency’s inventory in a transaction on Monday, August seventh. The inventory was offered at a mean worth of $156.07, for a complete worth of $156,070.00. Following the completion of the transaction, the director now owns 724 shares within the firm, valued at $112,994.68. The disclosure for this sale could be discovered right here. Insiders have offered a complete of 4,175 shares of firm inventory price $650,180 within the final quarter. Company insiders personal 0.65% of the corporate’s inventory.
Simpson Manufacturing Buying and selling Down 1.1 %
NYSE SSD opened at $156.98 on Wednesday. The inventory’s 50 day shifting common is $153.05 and its 200 day shifting common is $130.67. The corporate has a fast ratio of two.14, a present ratio of three.46 and a debt-to-equity ratio of 0.34. The agency has a market capitalization of $6.70 billion, a PE ratio of 19.72 and a beta of 1.23. Simpson Manufacturing Co., Inc. has a twelve month low of $75.25 and a twelve month excessive of $166.02.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final introduced 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. Simpson Manufacturing had a web margin of 15.78% and a return on fairness of 23.43%. The agency had income of $597.60 million for the quarter, in comparison with analysts’ expectations of $553.23 million. Throughout the identical quarter within the earlier yr, the enterprise posted $2.16 EPS. The corporate’s quarterly income was up .7% on a year-over-year foundation. Analysis analysts forecast that Simpson Manufacturing Co., Inc. will put up 8.22 earnings per share for the present fiscal yr.
Simpson Manufacturing Dividend Announcement
The enterprise additionally just lately disclosed a quarterly dividend, which will probably be paid on Thursday, October twenty sixth. Shareholders of report on Thursday, October fifth will probably be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized foundation and a yield of 0.69%. The ex-dividend date is Wednesday, October 4th. Simpson Manufacturing’s payout ratio is 13.57%.
Simpson Manufacturing Firm Profile
(Free Report)
Simpson Manufacturing Co, Inc, by way of its subsidiaries, designs, engineers, manufactures, and sells wooden and concrete development merchandise. The corporate provides wooden development merchandise, together with connectors, truss plates, fastening methods, fasteners and shearwalls, and pre-fabricated lateral methods 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 methods, and asphalt merchandise to be used in concrete development restore, and strengthening and safety merchandise.
See Additionally
Need to see what different hedge funds are holding SSD? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report).
This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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