Simpson Manufacturing Co., Inc. (NYSE:SSD) Shares Sold by Mirador Capital Partners LP

Mirador Capital Partners LP trimmed its holdings in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 6.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,917 shares of the construction company’s stock after selling 515 shares during the period. Mirador Capital Partners LP’s holdings in Simpson Manufacturing were worth $1,514,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SSD. EntryPoint Capital LLC acquired a new position in Simpson Manufacturing in the 1st quarter valued at about $29,000. Rise Advisors LLC acquired a new stake in Simpson Manufacturing during the first quarter worth approximately $37,000. Benjamin F. Edwards & Company Inc. grew its stake in Simpson Manufacturing by 550.0% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 221 shares of the construction company’s stock worth $45,000 after acquiring an additional 187 shares during the period. CWM LLC raised its holdings in Simpson Manufacturing by 50.2% in the 1st quarter. CWM LLC now owns 323 shares of the construction company’s stock valued at $66,000 after acquiring an additional 108 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Simpson Manufacturing during the 2nd quarter worth $77,000. 93.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Simpson Manufacturing

In related news, EVP Roger Dankel sold 2,700 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $190.44, for a total transaction of $514,188.00. Following the completion of the sale, the executive vice president now directly owns 24,064 shares of the company’s stock, valued at approximately $4,582,748.16. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Roger Dankel sold 2,700 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $190.44, for a total transaction of $514,188.00. Following the transaction, the executive vice president now directly owns 24,064 shares of the company’s stock, valued at approximately $4,582,748.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Michael Andersen sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $187.46, for a total value of $281,190.00. Following the completion of the transaction, the executive vice president now owns 8,438 shares of the company’s stock, valued at approximately $1,581,787.48. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,571 shares of company stock valued at $2,348,027 over the last ninety days. Corporate insiders own 0.42% of the company’s stock.

Simpson Manufacturing Trading Up 0.5 %

SSD traded up $1.03 during midday trading on Friday, hitting $191.78. The company’s stock had a trading volume of 173,092 shares, compared to its average volume of 285,538. Simpson Manufacturing Co., Inc. has a 52-week low of $123.93 and a 52-week high of $218.38. The firm has a 50-day moving average price of $181.91 and a two-hundred day moving average price of $179.17. The company has a current ratio of 3.69, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25. The firm has a market cap of $8.09 billion, a P/E ratio of 24.03 and a beta of 1.32.

Simpson Manufacturing (NYSE:SSD) last announced its quarterly earnings results on Monday, July 22nd. The construction company reported $2.31 earnings per share for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.13). The company had revenue of $596.98 million during the quarter, compared to analyst estimates of $604.67 million. Simpson Manufacturing had a net margin of 15.03% and a return on equity of 19.42%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $2.50 EPS. On average, research analysts anticipate that Simpson Manufacturing Co., Inc. will post 8.1 earnings per share for the current year.

Simpson Manufacturing Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 3rd will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $1.12 annualized dividend and a yield of 0.58%. Simpson Manufacturing’s payout ratio is 14.04%.

Simpson Manufacturing Company 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.