Moloney Securities Asset Management LLC Has $224,000 Stake in Simpson Manufacturing Co., Inc. (NYSE:SSD)

Moloney Securities Asset Management LLC decreased its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 75.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,353 shares of the construction company’s stock after selling 4,097 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Simpson Manufacturing were worth $224,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SSD. Financial Advocates Investment Management bought a new position in Simpson Manufacturing in the fourth quarter valued at about $401,000. Robertson Stephens Wealth Management LLC boosted its stake in shares of Simpson Manufacturing by 11.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 2,569 shares of the construction company’s stock valued at $426,000 after purchasing an additional 261 shares during the last quarter. Yorktown Management & Research Co Inc grew its holdings in Simpson Manufacturing by 27.3% during the 4th quarter. Yorktown Management & Research Co Inc now owns 3,500 shares of the construction company’s stock worth $580,000 after acquiring an additional 750 shares during the period. Stratos Wealth Partners LTD. grew its stake in Simpson Manufacturing by 6.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 3,178 shares of the construction company’s stock worth $527,000 after purchasing an additional 184 shares during the period. Finally, Trust Point Inc. increased its stake in shares of Simpson Manufacturing by 29.7% in the 4th quarter. Trust Point Inc. now owns 1,966 shares of the construction company’s stock valued at $326,000 after acquiring an additional 450 shares in the last quarter. Institutional investors and hedge funds own 93.68% of the company’s stock.

Insider Transactions at Simpson Manufacturing

In related news, EVP Roger Dankel sold 250 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $183.06, for a total transaction of $45,765.00. Following the transaction, the executive vice president now directly owns 23,814 shares in the company, valued at approximately $4,359,390.84. The trade was a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.42% of the company’s stock.

Simpson Manufacturing Trading Up 1.6 %

SSD opened at $169.55 on Wednesday. The firm has a market capitalization of $7.15 billion, a PE ratio of 22.40 and a beta of 1.35. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 1.99. Simpson Manufacturing Co., Inc. has a fifty-two week low of $155.73 and a fifty-two week high of $218.38. The company’s 50-day moving average is $169.93 and its 200 day moving average is $178.73.

Simpson Manufacturing (NYSE:SSD) last issued its quarterly earnings data on Monday, February 10th. The construction company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.27 by $0.04. Simpson Manufacturing had a return on equity of 18.29% and a net margin of 14.51%. As a group, research analysts predict that Simpson Manufacturing Co., Inc. will post 7.55 earnings per share for the current fiscal year.

Simpson Manufacturing Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Thursday, April 3rd. Simpson Manufacturing’s dividend payout ratio is 14.74%.

Analysts Set New Price Targets

Separately, Robert W. Baird lowered their target price on Simpson Manufacturing from $196.00 to $192.00 and set an “outperform” rating on the stock in a research report on Tuesday.

Simpson Manufacturing Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.