Citigroup Inc. lessened its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report) by 77.7% within the third quarter, HoldingsChannel.com reviews. The agency owned 7,327 shares of the development firm’s inventory after promoting 25,462 shares through the interval. Citigroup Inc.’s holdings in Simpson Manufacturing had been value $1,098,000 as of its most up-to-date submitting with the SEC.
Different hedge funds have additionally purchased and bought shares of the corporate. 1832 Asset Administration L.P. purchased a brand new place in shares of Simpson Manufacturing within the first quarter value about $27,000. Quantbot Applied sciences LP purchased a brand new place in shares of Simpson Manufacturing within the first quarter value about $30,000. Arlington Belief Co LLC purchased a brand new place in shares of Simpson Manufacturing within the third quarter value about $31,000. Pinebridge Investments L.P. purchased a brand new place in shares of Simpson Manufacturing within the second quarter value about $36,000. Lastly, Worldwide Property Funding Administration LLC purchased a brand new place in shares of Simpson Manufacturing within the third quarter value about $41,000. Institutional buyers personal 89.45% of the corporate’s inventory.
Simpson Manufacturing Worth Efficiency
NYSE:SSD opened at $207.26 on Wednesday. The corporate has a present ratio of three.63, a fast ratio of two.11 and a debt-to-equity ratio of 0.27. The corporate has a market capitalization of $8.84 billion, a P/E ratio of 25.09 and a beta of 1.28. Simpson Manufacturing Co., Inc. has a 12 month low of $100.84 and a 12 month excessive of $207.32. The enterprise’s 50-day transferring common is $189.55 and its 200 day transferring common is $166.49.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final issued its quarterly earnings knowledge on Monday, February fifth. The development firm reported $1.28 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.53 by ($0.25). Simpson Manufacturing had a web margin of 15.99% and a return on fairness of twenty-two.06%. The corporate had income of $501.70 million for the quarter, in comparison with analysts’ expectations of $482.98 million. Throughout the identical quarter final 12 months, the corporate earned $1.35 earnings per share. The corporate’s income for the quarter was up 5.5% on a year-over-year foundation. On common, equities analysis analysts forecast that Simpson Manufacturing Co., Inc. will submit 8.74 earnings per share for the present fiscal 12 months.
Simpson Manufacturing Dividend Announcement
The enterprise additionally just lately disclosed a quarterly dividend, which will likely be paid on Thursday, April twenty fifth. Shareholders of file on Thursday, April 4th will likely be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, April third. This represents a $1.08 dividend on an annualized foundation and a yield of 0.52%. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 13.08%.
Insider Shopping for and Promoting at Simpson Manufacturing
In different Simpson Manufacturing information, EVP Roger Dankel bought 850 shares of the corporate’s inventory in a transaction that occurred on Monday, January twenty second. The inventory was bought at a mean worth of $184.16, for a complete transaction of $156,536.00. Following the sale, the manager vp now instantly owns 27,330 shares within the firm, valued at $5,033,092.80. The sale was disclosed in a doc filed with the SEC, which is on the market on the SEC web site. In different information, Director Jennifer Chatman bought 934 shares of the inventory in a transaction that occurred on Monday, February twelfth. The inventory was bought at a mean worth of $192.48, for a complete worth of $179,776.32. Following the sale, the director now instantly owns 14,638 shares within the firm, valued at $2,817,522.24. The sale was disclosed in a doc filed with the SEC, which is on the market at this hyperlink. Additionally, EVP Roger Dankel bought 850 shares of the inventory in a transaction that occurred on Monday, January twenty second. The inventory was bought at a mean worth of $184.16, for a complete worth of $156,536.00. Following the completion of the sale, the manager vp now owns 27,330 shares within the firm, valued at $5,033,092.80. The disclosure for this sale might be discovered right here. Insiders have bought a complete of two,634 shares of firm inventory value $502,759 over the past ninety days. Firm insiders personal 0.65% of the corporate’s inventory.
Analyst Scores Modifications
Individually, Robert W. Baird boosted their goal worth on Simpson Manufacturing from $198.00 to $205.00 and gave the inventory an “outperform” ranking in a analysis report on Tuesday, February sixth.
View Our Newest Inventory Evaluation on SSD
About Simpson Manufacturing
(Free Report)
Simpson Manufacturing Co, Inc, by way of its subsidiaries, designs, engineers, manufactures, and sells wooden and concrete building merchandise. The corporate presents wooden building merchandise, together with connectors, truss plates, fastening techniques, fasteners and shearwalls, and pre-fabricated lateral techniques to be used in light-frame building; and concrete building merchandise comprising adhesives, specialty chemical substances, mechanical anchors, carbide drill bits, powder actuated instruments, fiber-reinforced supplies, and different restore merchandise to be used in concrete, masonry, and metal building, in addition to grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer techniques, and asphalt merchandise to be used in concrete building restore, and strengthening and safety merchandise.
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