Profund Advisors LLC lessened its place in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 5.9% in the course of the third quarter, Holdings Channel reviews. The institutional investor owned 3,370 shares of the development firm’s inventory after promoting 210 shares in the course of the quarter. Profund Advisors LLC’s holdings in Simpson Manufacturing had been price $360,000 as of its most up-to-date submitting with the Securities and Trade Fee (SEC).
A number of different hedge funds and different institutional buyers have additionally lately modified their holdings of SSD. FMR LLC lifted its place in shares of Simpson Manufacturing by 31.2% in the course of the 2nd quarter. FMR LLC now owns 830,380 shares of the development firm’s inventory valued at $91,707,000 after shopping for an extra 197,340 shares over the past quarter. Ensign Peak Advisors Inc lifted its holdings in Simpson Manufacturing by 18.8% in the course of the 2nd quarter. Ensign Peak Advisors Inc now owns 34,787 shares of the development firm’s inventory price $3,842,000 after buying an extra 5,500 shares within the final quarter. Blueshift Asset Administration LLC bought a brand new stake in Simpson Manufacturing in the course of the 2nd quarter price about $358,000. Stifel Monetary Corp lifted its holdings in Simpson Manufacturing by 1.7% in the course of the 2nd quarter. Stifel Monetary Corp now owns 61,578 shares of the development firm’s inventory price $6,800,000 after buying an extra 1,003 shares within the final quarter. Lastly, LPL Monetary LLC lifted its holdings in Simpson Manufacturing by 15.8% in the course of the 2nd quarter. LPL Monetary LLC now owns 5,355 shares of the development firm’s inventory price $591,000 after buying an extra 729 shares within the final quarter. 88.11% of the inventory is at the moment owned by hedge funds and different institutional buyers.
In associated information, CFO Brian J. Magstadt bought 2,000 shares of the agency’s inventory in a transaction that occurred on Monday, November fifteenth. The inventory was bought at a mean worth of $120.00, for a complete transaction of $240,000.00. The transaction was disclosed in a doc filed with the SEC, which might be accessed by this hyperlink. Additionally, insider Roger Dankel bought 600 shares of the inventory in a transaction that occurred on Tuesday, February 1st. The inventory was bought at a mean worth of $113.00, for a complete worth of $67,800.00. The disclosure for this sale might be discovered right here. During the last 90 days, insiders have bought 8,100 shares of firm inventory price $995,035. 0.60% of the inventory is owned by company insiders.
Shares of Simpson Manufacturing inventory opened at $116.10 on Friday. The agency has a market capitalization of $5.04 billion, a PE ratio of twenty-two.33 and a beta of 1.22. The enterprise’s 50-day shifting common worth is $125.95 and its 200-day shifting common worth is $117.72. Simpson Manufacturing Co., Inc. has a 12 month low of $93.94 and a 12 month excessive of $141.26.
Simpson Manufacturing (NYSE:SSD) final introduced its quarterly earnings knowledge on Monday, February seventh. The development firm reported $1.61 EPS for the quarter, beating the consensus estimate of $0.95 by $0.66. The agency had income of $418.56 million for the quarter, in comparison with analyst estimates of $373.70 million. Simpson Manufacturing had a return on fairness of 21.52% and a web margin of 15.62%. The corporate’s income was up 42.4% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the corporate earned $0.68 EPS. On common, analysts count on that Simpson Manufacturing Co., Inc. will publish 5.47 EPS for the present 12 months.
The corporate additionally lately disclosed a quarterly dividend, which can be paid on Thursday, April twenty eighth. Stockholders of report on Thursday, April seventh can be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, April sixth. This represents a $1.00 annualized dividend and a dividend yield of 0.86%. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 19.23%.
A lot of analysts lately issued reviews on the corporate. Zacks Funding Analysis raised Simpson Manufacturing from a “maintain” ranking to a “purchase” ranking and set a $150.00 worth goal on the inventory in a report on Friday, January seventh. Sidoti upgraded Simpson Manufacturing from a “impartial” ranking to a “purchase” ranking and set a $152.00 goal worth on the inventory in a analysis be aware on Tuesday, February eighth. CJS Securities upgraded Simpson Manufacturing from a “market carry out” ranking to an “outperform” ranking in a analysis be aware on Tuesday, February eighth. DA Davidson upped their goal worth on Simpson Manufacturing from $120.00 to $142.00 in a analysis be aware on Wednesday, January fifth. Lastly, Robert W. Baird upped their goal worth on Simpson Manufacturing from $135.00 to $146.00 in a analysis be aware on Wednesday, January fifth. One analyst has rated the inventory with a maintain ranking, 4 have given a purchase ranking and one has issued a powerful purchase ranking to the corporate. Based on knowledge from MarketBeat, the inventory presently has a consensus ranking of “Purchase” and a consensus goal worth of $147.50.
Simpson Manufacturing Firm Profile
Simpson Manufacturing Co, Inc manufactures and markets constructing and development options. It affords wooden development merchandise, which embrace connectors, truss plates, fastening programs, and lateral programs primarily used to strengthen, assist, and join wooden functions in residential and industrial development, in addition to do-it-yourself (DIY) tasks, concrete development merchandise comparable to anchor, restore, and safety, and strengthening merchandise for concrete, brick, and masonry functions in industrial, infrastructure, residential industrial, and DIY tasks.
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