Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Purchased by Schroder Investment Management Group

Schroder Investment Management Group grew its position in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 29.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 182,521 shares of the construction company’s stock after purchasing an additional 41,971 shares during the period. Schroder Investment Management Group owned 0.43% of Simpson Manufacturing worth $30,198,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SSD. Park Place Capital Corp acquired a new stake in shares of Simpson Manufacturing during the fourth quarter worth $29,000. World Investment Advisors LLC acquired a new stake in Simpson Manufacturing in the 3rd quarter worth about $30,000. R Squared Ltd purchased a new stake in Simpson Manufacturing in the 4th quarter valued at about $30,000. UMB Bank n.a. lifted its holdings in shares of Simpson Manufacturing by 88.2% during the 4th quarter. UMB Bank n.a. now owns 207 shares of the construction company’s stock worth $34,000 after acquiring an additional 97 shares during the period. Finally, V Square Quantitative Management LLC grew its holdings in Simpson Manufacturing by 53.4% in the fourth quarter. V Square Quantitative Management LLC now owns 273 shares of the construction company’s stock valued at $45,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 93.68% of the company’s stock.

Simpson Manufacturing Trading Down 0.1 %

SSD opened at $157.00 on Wednesday. The firm has a market capitalization of $6.59 billion, a P/E ratio of 20.66 and a beta of 1.39. The firm’s 50 day moving average is $164.24 and its 200-day moving average is $174.91. The company has a quick ratio of 1.59, a current ratio of 3.21 and a debt-to-equity ratio of 0.20. Simpson Manufacturing Co., Inc. has a 52-week low of $152.74 and a 52-week high of $199.17.

Simpson Manufacturing (NYSE:SSD) last issued its quarterly earnings data on Monday, February 10th. The construction company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.04. Simpson Manufacturing had a return on equity of 18.00% and a net margin of 14.44%. Analysts expect that Simpson Manufacturing Co., Inc. will post 8.29 EPS for the current fiscal year.

Simpson Manufacturing Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 3rd will be issued a $0.28 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $1.12 annualized dividend and a yield of 0.71%. Simpson Manufacturing’s dividend payout ratio is presently 14.74%.

Insider Buying and Selling at Simpson Manufacturing

In other news, EVP Michael Andersen sold 1,000 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $169.98, for a total transaction of $169,980.00. Following the transaction, the executive vice president now owns 8,810 shares of the company’s stock, valued at approximately $1,497,523.80. This trade represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SSD has been the subject of a number of research reports. DA Davidson lowered their price target on Simpson Manufacturing from $195.00 to $185.00 and set a “neutral” rating for the company in a research report on Tuesday, March 11th. Robert W. Baird reduced their price target on shares of Simpson Manufacturing from $196.00 to $192.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th.

About Simpson Manufacturing

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.