Invesco Ltd. raised its place in Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report) by 309.3% through the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 482,881 shares of the development firm’s inventory after shopping for an extra 364,910 shares through the quarter. Invesco Ltd. owned 1.13% of Simpson Manufacturing value $72,340,000 on the finish of the latest reporting interval.
A number of different giant buyers have additionally purchased and bought shares of SSD. 1832 Asset Administration L.P. purchased a brand new place in shares of Simpson Manufacturing through the first quarter value about $27,000. Quantbot Applied sciences LP purchased a brand new place in shares of Simpson Manufacturing through the first quarter value about $30,000. Arlington Belief Co LLC purchased a brand new place in shares of Simpson Manufacturing through the third quarter value about $31,000. Pinebridge Investments L.P. purchased a brand new place in shares of Simpson Manufacturing through the second quarter value about $36,000. Lastly, Worldwide Belongings Funding Administration LLC purchased a brand new place in shares of Simpson Manufacturing through the third quarter value about $41,000. 89.45% of the inventory is owned by institutional buyers and hedge funds.
Analyst Rankings Modifications
Individually, Robert W. Baird raised their value goal on Simpson Manufacturing from $198.00 to $205.00 and gave the inventory an “outperform” score in a analysis report on Tuesday, February sixth.
View Our Newest Evaluation on Simpson Manufacturing
Simpson Manufacturing Buying and selling Up 2.4 %
NYSE SSD opened at $199.96 on Monday. The enterprise has a 50 day easy shifting common of $189.13 and a 200 day easy shifting common of $165.82. Simpson Manufacturing Co., Inc. has a one yr low of $100.84 and a one yr excessive of $202.14. The inventory has a market capitalization of $8.53 billion, a P/E ratio of 24.21 and a beta of 1.28. The corporate has a debt-to-equity ratio of 0.27, a present ratio of three.63 and a fast ratio of two.11.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final launched its earnings outcomes on Monday, February fifth. The development firm reported $1.28 EPS for the quarter, lacking the consensus estimate of $1.53 by ($0.25). Simpson Manufacturing had a return on fairness of twenty-two.06% and a web margin of 15.99%. The enterprise had income of $501.70 million for the quarter, in comparison with analyst estimates of $482.98 million. Throughout the identical interval within the prior yr, the enterprise earned $1.35 EPS. The corporate’s income for the quarter was up 5.5% on a year-over-year foundation. Analysis analysts count on that Simpson Manufacturing Co., Inc. will submit 8.74 earnings per share for the present yr.
Simpson Manufacturing Declares Dividend
The corporate additionally just lately disclosed a quarterly dividend, which will likely be paid on Thursday, April twenty fifth. Shareholders of document on Thursday, April 4th will likely be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, April third. This represents a $1.08 dividend on an annualized foundation and a yield of 0.54%. 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 agency’s inventory in a transaction that occurred on Monday, January twenty second. The inventory was bought at a median value 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 of the corporate’s inventory, valued at $5,033,092.80. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. In different Simpson Manufacturing information, Director Jennifer Chatman bought 934 shares of the agency’s inventory in a transaction that occurred on Monday, February twelfth. The inventory was bought at a median value of $192.48, for a complete worth of $179,776.32. Following the completion of the sale, the director now owns 14,638 shares of the corporate’s inventory, valued at $2,817,522.24. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. Additionally, EVP Roger Dankel bought 850 shares of the agency’s inventory in a transaction that occurred on Monday, January twenty second. The shares have been bought at a median value of $184.16, for a complete worth of $156,536.00. Following the completion of the sale, the manager vp now immediately owns 27,330 shares of the corporate’s inventory, valued at roughly $5,033,092.80. The disclosure for this sale may be discovered right here. During the last quarter, insiders bought 2,634 shares of firm inventory valued at $502,759. Firm insiders personal 0.65% of the corporate’s inventory.
Simpson Manufacturing Firm Profile
(Free Report)
Simpson Manufacturing Co, Inc, by means 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 techniques, fasteners and shearwalls, and pre-fabricated lateral techniques to be used in light-frame development; and concrete development 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 development, in addition to grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer techniques, and asphalt merchandise to be used in concrete development restore, and strengthening and safety merchandise.
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