Kayne Anderson Rudnick Funding Administration LLC reduce its place in Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report) by 0.2% in the course of the third quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The fund owned 4,614,978 shares of the development firm’s inventory after promoting 7,555 shares in the course of the interval. Simpson Manufacturing accounts for two.0% of Kayne Anderson Rudnick Funding Administration LLC’s holdings, making the inventory its 4th largest place. Kayne Anderson Rudnick Funding Administration LLC owned about 10.82% of Simpson Manufacturing value $691,370,000 on the finish of the latest quarter.
Different institutional traders have additionally lately made adjustments to their positions within the firm. American Century Firms Inc. boosted its stake in Simpson Manufacturing by 5.8% in the course of the first quarter. American Century Firms Inc. now owns 10,786 shares of the development firm’s inventory value $1,176,000 after shopping for an extra 587 shares over the last quarter. HighTower Advisors LLC boosted its stake in Simpson Manufacturing by 4.2% in the course of the first quarter. HighTower Advisors LLC now owns 2,757 shares of the development firm’s inventory value $300,000 after shopping for an extra 111 shares over the last quarter. AlphaCrest Capital Administration LLC acquired a brand new place in Simpson Manufacturing in the course of the first quarter value $231,000. Financial institution of Montreal Can boosted its stake in Simpson Manufacturing by 4.0% in the course of the first quarter. Financial institution of Montreal Can now owns 3,420 shares of the development firm’s inventory value $389,000 after shopping for an extra 133 shares over the last quarter. Lastly, Commonwealth of Pennsylvania Public College Empls Retrmt SYS boosted its stake in Simpson Manufacturing by 10.5% in the course of the first quarter. Commonwealth of Pennsylvania Public College Empls Retrmt SYS now owns 15,920 shares of the development firm’s inventory value $1,736,000 after shopping for an extra 1,518 shares over the last quarter. 89.45% of the inventory is owned by institutional traders and hedge funds.
Simpson Manufacturing Buying and selling Up 0.3 %
NYSE:SSD traded up $0.64 on Thursday, reaching $193.66. The corporate’s inventory had a buying and selling quantity of 42,970 shares, in comparison with its common quantity of 212,576. Simpson Manufacturing Co., Inc. has a 12-month low of $100.84 and a 12-month excessive of $202.14. The corporate has a fast ratio of two.11, a present ratio of three.63 and a debt-to-equity ratio of 0.27. The agency has a market cap of $8.26 billion, a price-to-earnings ratio of 23.37 and a beta of 1.28. The inventory has a 50 day shifting common worth of $188.96 and a 200 day shifting common worth of $165.17.
Simpson Manufacturing (NYSE:SSD – Get Free Report) final posted its quarterly earnings knowledge on Monday, February fifth. The development firm reported $1.28 earnings per share (EPS) for the quarter, lacking the consensus estimate of $1.53 by ($0.25). The agency had income of $501.70 million in the course of the quarter, in comparison with analysts’ expectations of $482.98 million. Simpson Manufacturing had a internet margin of 15.99% and a return on fairness of twenty-two.06%. Simpson Manufacturing’s quarterly income was up 5.5% in comparison with the identical quarter final yr. Throughout the identical quarter within the prior yr, the agency posted $1.35 EPS. On common, equities analysts anticipate that Simpson Manufacturing Co., Inc. will submit 8.74 EPS for the present fiscal yr.
Simpson Manufacturing Dividend Announcement
The corporate additionally lately disclosed a quarterly dividend, which shall be paid on Thursday, April twenty fifth. Buyers of report on Thursday, April 4th shall be issued a $0.27 dividend. The ex-dividend date is Wednesday, April third. This represents a $1.08 annualized dividend and a dividend yield of 0.56%. Simpson Manufacturing’s dividend payout ratio is presently 13.08%.
Insider Exercise at Simpson Manufacturing
In associated information, Director Jennifer Chatman offered 934 shares of the enterprise’s inventory in a transaction on Monday, February twelfth. The inventory was offered at a mean worth of $192.48, for a complete worth of $179,776.32. Following the sale, the director now owns 14,638 shares within the firm, valued at roughly $2,817,522.24. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is on the market via this hyperlink. In associated information, Director Jennifer Chatman offered 934 shares of the enterprise’s inventory in a transaction on Monday, February twelfth. The inventory was offered at a mean worth of $192.48, for a complete worth of $179,776.32. Following the sale, the director now owns 14,638 shares within the firm, valued at roughly $2,817,522.24. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is on the market via this hyperlink. Additionally, EVP Roger Dankel offered 850 shares of the corporate’s inventory in a transaction dated Monday, January twenty second. The inventory was offered at a mean worth of $184.16, for a complete worth of $156,536.00. Following the sale, the chief vp now owns 27,330 shares within the firm, valued at roughly $5,033,092.80. The disclosure for this sale may be discovered right here. Within the final 90 days, insiders have offered 2,634 shares of firm inventory value $502,759. 0.65% of the inventory is presently owned by firm insiders.
Wall Avenue Analysts Forecast Progress
Individually, Robert W. Baird lifted their goal worth on Simpson Manufacturing from $198.00 to $205.00 and gave the corporate an “outperform” ranking in a analysis report on Tuesday, February sixth.
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About Simpson Manufacturing
(Free Report)
Simpson Manufacturing Co, Inc, via its subsidiaries, designs, engineers, manufactures, and sells wooden and concrete building merchandise. The corporate presents wooden building merchandise, together with connectors, truss plates, fastening methods, fasteners and shearwalls, and pre-fabricated lateral methods to be used in light-frame building; and concrete building 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 building, in addition to grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer methods, and asphalt merchandise to be used in concrete building restore, and strengthening and safety merchandise.
Really useful Tales
Wish to see what different hedge funds are holding SSD? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Simpson Manufacturing Co., Inc. (NYSE:SSD – Free Report).
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