Kestra Advisory Providers LLC boosted its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report) by 224.8% in the course of the third quarter, Holdings Channel reviews. The agency owned 5,745 shares of the development firm’s inventory after buying an extra 3,976 shares in the course of the quarter. Kestra Advisory Providers LLC’s holdings in Simpson Manufacturing have been value $861,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
Different giant buyers additionally just lately purchased and offered shares of the corporate. Arlington Belief Co LLC acquired a brand new place in Simpson Manufacturing in the course of the third quarter value $31,000. 1832 Asset Administration L.P. bought a brand new stake in shares of Simpson Manufacturing in the course of the first quarter value $27,000. Pinebridge Investments L.P. bought a brand new stake in shares of Simpson Manufacturing in the course of the second quarter value $36,000. Worldwide Belongings Funding Administration LLC bought a brand new stake in shares of Simpson Manufacturing in the course of the third quarter value $41,000. Lastly, Quantbot Applied sciences LP bought a brand new stake in shares of Simpson Manufacturing within the first quarter valued at about $30,000. Hedge funds and different institutional buyers personal 89.45% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Individually, Robert W. Baird upped their worth goal on shares of Simpson Manufacturing from $198.00 to $205.00 and gave the corporate an “outperform” ranking in a report on Tuesday, February sixth.
View Our Newest Inventory Evaluation on SSD
Insiders Place Their Bets
In different information, EVP Roger Dankel offered 850 shares of the inventory in a transaction dated Monday, January twenty second. The shares have been offered at a mean worth of $184.16, for a complete transaction of $156,536.00. Following 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 submitting with the Securities & Alternate Fee, which might be accessed via the SEC web site. In different information, EVP Roger Dankel offered 850 shares of the inventory in a transaction dated Monday, January twenty second. The shares have been offered at a mean worth of $184.16, for a complete transaction of $156,536.00. Following 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 submitting with the Securities & Alternate Fee, which might be accessed via the SEC web site. Additionally, Director Jennifer Chatman offered 934 shares of the inventory in a transaction dated Monday, February twelfth. The inventory was offered at a mean worth of $192.48, for a complete transaction of $179,776.32. Following the sale, the director now immediately owns 14,638 shares within the firm, valued at roughly $2,817,522.24. The disclosure for this sale might be discovered right here. Insiders offered a complete of two,634 shares of firm inventory valued at $502,759 during the last 90 days. 0.65% of the inventory is owned by firm insiders.
Simpson Manufacturing Buying and selling Down 0.2 %
Shares of SSD opened at $199.57 on Tuesday. 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 agency has a market capitalization of $8.52 billion, a P/E ratio of 24.16 and a beta of 1.28. The agency has a 50-day shifting common worth of $189.33 and a 200 day shifting common worth of $166.13. Simpson Manufacturing Co., Inc. has a 12-month low of $100.84 and a 12-month excessive of $202.14.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final introduced its earnings outcomes on Monday, February fifth. The development firm reported $1.28 earnings per share for the quarter, lacking the consensus estimate of $1.53 by ($0.25). The corporate had income of $501.70 million for the quarter, in comparison with analysts’ expectations of $482.98 million. Simpson Manufacturing had a return on fairness of twenty-two.06% and a web margin of 15.99%. The corporate’s quarterly income was up 5.5% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the enterprise earned $1.35 EPS. Promote-side analysts forecast that Simpson Manufacturing Co., Inc. will put up 8.74 EPS for the present yr.
Simpson Manufacturing Dividend Announcement
The enterprise additionally just lately introduced a quarterly dividend, which might be paid on Thursday, April twenty fifth. Shareholders of file on Thursday, April 4th might be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.54%. The ex-dividend date is Wednesday, April third. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 13.08%.
Simpson Manufacturing Profile
(Free Report)
Simpson Manufacturing Co, Inc, via 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.
Advisable Tales
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