Vanguard Personalized Indexing Management LLC Buys 739 Shares of Simpson Manufacturing Co., Inc. (NYSE:SSD)

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSDFree Report) by 13.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,094 shares of the construction company’s stock after buying an additional 739 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Simpson Manufacturing were worth $913,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SSD. American Century Companies Inc. boosted its position in shares of Simpson Manufacturing by 5.8% during the first quarter. American Century Companies Inc. now owns 10,786 shares of the construction company’s stock valued at $1,176,000 after buying an additional 587 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Simpson Manufacturing by 4.2% during the first quarter. HighTower Advisors LLC now owns 2,757 shares of the construction company’s stock valued at $300,000 after buying an additional 111 shares during the last quarter. AlphaCrest Capital Management LLC purchased a new position in shares of Simpson Manufacturing during the first quarter valued at approximately $231,000. Bank of Montreal Can boosted its position in shares of Simpson Manufacturing by 4.0% during the first quarter. Bank of Montreal Can now owns 3,420 shares of the construction company’s stock valued at $389,000 after buying an additional 133 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Simpson Manufacturing by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,920 shares of the construction company’s stock worth $1,736,000 after acquiring an additional 1,518 shares during the period. Hedge funds and other institutional investors own 89.45% of the company’s stock.

Analysts Set New Price Targets

Separately, Robert W. Baird lifted their price target on Simpson Manufacturing from $198.00 to $205.00 and gave the stock an “outperform” rating in a report on Tuesday, February 6th.

Read Our Latest Stock Analysis on Simpson Manufacturing

Simpson Manufacturing Stock Performance

Shares of Simpson Manufacturing stock opened at $194.81 on Tuesday. The business’s fifty day simple moving average is $187.37 and its 200 day simple moving average is $163.48. The firm has a market capitalization of $8.31 billion, a P/E ratio of 23.58 and a beta of 1.28. Simpson Manufacturing Co., Inc. has a 12 month low of $100.84 and a 12 month high of $202.14. The company has a current ratio of 3.63, a quick ratio of 2.11 and a debt-to-equity ratio of 0.27.

Simpson Manufacturing (NYSE:SSDGet Free Report) last issued its quarterly earnings results on Monday, February 5th. The construction company reported $1.28 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.25). The business had revenue of $501.70 million for the quarter, compared to the consensus estimate of $482.98 million. Simpson Manufacturing had a return on equity of 22.06% and a net margin of 15.99%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.35 earnings per share. As a group, analysts anticipate that Simpson Manufacturing Co., Inc. will post 8.74 EPS for the current year.

Simpson Manufacturing Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, April 4th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, April 3rd. This represents a $1.08 annualized dividend and a dividend yield of 0.55%. Simpson Manufacturing’s payout ratio is presently 13.08%.

Insider Buying and Selling at Simpson Manufacturing

In other Simpson Manufacturing news, EVP Roger Dankel sold 850 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $158.00, for a total value of $134,300.00. Following the sale, the executive vice president now directly owns 27,985 shares in the company, valued at $4,421,630. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 2,550 shares of company stock worth $457,283 over the last ninety days. 0.65% of the stock is currently owned by company insiders.

Simpson Manufacturing Company Profile

(Free Report)

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete construction products. 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.

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Institutional Ownership by Quarter for Simpson Manufacturing (NYSE:SSD)

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