• Home
  • About us
  • Contact us
  • DMCA
Forbes.llc
  • Home
  • Innovation
    • 5G
    • AI
    • Big Data
    • Cloud
    • Cloud 100
    • Consumer Tech
    • COP26
    • Cybersecurity
    • Enterprise Tech
    • Future Of Work
    • Games
  • Leadership
    • Careers
    • CEO Network
    • CFO Network
    • CHRO Network
    • CIO Network
    • CMO Network
    • Money
      • ETFs & Mutual Funds
      • Fintech
      • Hedge Funds & Private Equity
      • Investing
      • Investing Basic
      • Markets
      • Personal Finance
      • Premium Investing Newsletters
  • Forbes Digital Assets
    • Dashboard
    • Traded Assets
    • Research
    • Events
    • Crypto Portfolios
  • Business
    • Aerospace & Defense
    • Energy
    • Food & Drink
    • Hollywood & Entertainment
    • Manufacturing
    • Media
    • Policy
  • Small Business
    • Small Business Strategy
    • Enterprise Tech
    • Franchises
  • Lifestyle
    • Arts
    • Boats & Planes
    • Cars & Bikes
    • Dining
    • Real Estate
      • Commercial Real Estate
      • Residential Real Estate
      • Forbes Global Properties
      • Vetted
No Result
View All Result
  • Home
  • Innovation
    • 5G
    • AI
    • Big Data
    • Cloud
    • Cloud 100
    • Consumer Tech
    • COP26
    • Cybersecurity
    • Enterprise Tech
    • Future Of Work
    • Games
  • Leadership
    • Careers
    • CEO Network
    • CFO Network
    • CHRO Network
    • CIO Network
    • CMO Network
    • Money
      • ETFs & Mutual Funds
      • Fintech
      • Hedge Funds & Private Equity
      • Investing
      • Investing Basic
      • Markets
      • Personal Finance
      • Premium Investing Newsletters
  • Forbes Digital Assets
    • Dashboard
    • Traded Assets
    • Research
    • Events
    • Crypto Portfolios
  • Business
    • Aerospace & Defense
    • Energy
    • Food & Drink
    • Hollywood & Entertainment
    • Manufacturing
    • Media
    • Policy
  • Small Business
    • Small Business Strategy
    • Enterprise Tech
    • Franchises
  • Lifestyle
    • Arts
    • Boats & Planes
    • Cars & Bikes
    • Dining
    • Real Estate
      • Commercial Real Estate
      • Residential Real Estate
      • Forbes Global Properties
      • Vetted
No Result
View All Result
Forbes LLC
No Result
View All Result

Yousif Capital Management LLC sells 2,111 shares of Simpson Manufacturing Co., Inc. (NYSE:SSD)

by
February 2, 2023
Home Business Manufacturing
Share on FacebookShare on Twitter


Simpson Manufacturing logoYousif Capital Management LLC reduced its stake in Simpson Manufacturing Co., Inc. (NYSE:SSD – Get Rating) by 8.6% in the third quarter, according to its latest disclosure to the Securities and Exchange Commission. says so. The institutional investor owned his 22,530 shares of the construction company’s stock after selling his 2,111 shares during the quarter. Yousif Capital Management LLC owned approximately 0.05% of Simpson Manufacturing worth $1,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also buy and sell shares in the company. Parallel Advisors LLC increased his stake in Simpson Manufacturing by 174.3% in the second quarter. Parallel Advisors LLC now owns 277 shares of construction company stock valued at $28,000 after purchasing an additional 176 shares during this period. Quantbot Technologies LP bought a new stake in Simpson Manufacturing for his $30,000 in the first quarter. Northwestern Mutual Wealth Management Co. increased its position in Simpson Manufacturing stock by 45.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 354 shares of construction company stock valued at $35,000 after purchasing an additional 110 shares during the previous quarter. Nisa Investment Advisors LLC purchased his $36,000 worth of new positions in Simpson Manufacturing shares in the second quarter. Finally, Wipfli Financial Advisors LLC purchased a new position in Simpson Manufacturing stock for $37,000 in the third quarter. Institutional investors and hedge funds own 91.47% of the company’s shares.

Insider activity at Simpson Manufacturing

In another news from Simpson Manufacturing, CFO Brian J. Magstadt sold 2,500 shares of the company’s stock in a transaction that took place on Friday, January 13th. The shares sold for a total of $250,000.00 at an average price of $100.00. After the sale, the Chief Financial Officer now owns 17,547 shares of the company stock valued at $1,754,700. The sale is disclosed in filings with the SEC, which can be accessed on his website. His 0.60% of shares are now owned by insiders.

Analyst sets new price target

Recently, many brokerage firms are considering SSDs. DA Davidson lowered Simpson Manufacturing’s price target from his $123.00 to his $90.00 in a report on Tuesday, Oct. 25, giving the stock a “neutral” rating. TheStreet downgraded Simpson’s manufacturing from a ‘b-‘ rating to a ‘c+’ rating in its investigative report on Monday, October 31. Finally, StockNews.com raised Simpson Manufacturing’s rating from “pending” to “buying” in his Friday, November 18 research report. One of his stock research analysts gave the company’s stock a hold rating, and three gave it a buy rating. According to MarketBeat data, Simpson Manufacturing has a consensus rating of “moderate buy” with an average price target of $129.00.

Simpson Manufacturing stock performance

SSD shares opened Thursday at $109.06. His 50-day moving average for this stock is $95.05 and its 200-day moving average is $92.33. The stock has a market cap of $4.65 billion, a P/E of 13.62 and a beta of 1.23. Simpson Manufacturing Co., Inc. has a one-year low of $75.25 and a one-year high of $124.48. The company has a debt to equity ratio of 0.49, a quick ratio of 2.00 and a current ratio of 3.56.

Simpson Manufacturing Announces Dividend

The business recently announced a quarterly dividend payable on Thursday, April 27th. Dividends of $0.26 per share will be issued to shareholders of record on Thursday, April 6. That represents his $1.04 dividend and a 0.95% dividend yield on an annualized basis. The ex-dividend date is Wednesday, April 5. Simpson Manufacturing currently has a payout ratio of 12.98%.

About Simpson Manufacturing

(get rating)

Simpson Manufacturing Co, Inc is engaged in the manufacturing and marketing of building and construction solutions. Provides wood construction products, including connectors, truss plates, fastening systems, and lateral systems used primarily to strengthen, support, and connect wood applications in residential and commercial construction, and do-it-yourself (DIY) projects, concrete . Construction products such as anchors, repairs, protection and reinforcement products for concrete, brick and masonry applications in industrial, infrastructure, residential commercial and DIY projects.

Related item

Want to know other hedge funds holding SSDs? Visit HoldingsChannel.com to get the latest Simpson Manufacturing Co., Inc. (NYSE:SSD – Get Rating) 13F filings and insider trading.

Simpson Manufacturing (NYSE:SSD) Quarterly Institutional Ownership

This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.

Hear this before you even consider Simpson Manufacturing.

MarketBeat tracks Wall Street’s most acclaimed and top performing research analysts and the stocks they recommend to clients every day. MarketBeat has identified five stocks top analysts are quietly whispering to clients to buy now before the broader market catches on…and Simpson Manufacturing is on the list. There was no.

Simpson Manufacturing currently has a “moderate buy” rating among analysts, but the top-rated analysts think these five stocks are better buys.

See 5 stocks here

20 shares to sell now

MarketBeat has released a list of 20 stocks selected by Wall Street analysts. dislikeWhile these companies may appear to have good fundamentals, top analysts smell serious corruption.any of these companies lurking about your portfolio? Enter your email address below to search.

Get This Free Report

20 stocks to sell now



Source link

Next Post
Can India Survive the $100 Billion Collapse of Adani? – Asia Times

Can India Survive the $100 Billion Collapse of Adani? – Asia Times

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Standards Community Launches New Business Line | Home Finance Magazine

Standards Community Launches New Business Line | Home Finance Magazine

November 8, 2022
Here’s how to protect your finances from the storm, as Californians prepare for more extreme weather

Here’s how to protect your finances from the storm, as Californians prepare for more extreme weather

January 4, 2023

Subscribe.

Trending.

Smartex raises $24.7 million to give smarter eyes to textile manufacturing • TechCrunch

Smartex raises $24.7 million to give smarter eyes to textile manufacturing • TechCrunch

November 3, 2022
Red Roof Celebrates Industry Leadership Through Performance, Partnerships, Prototypes and Purpose at 2022 Brand Conference

Red Roof Celebrates Industry Leadership Through Performance, Partnerships, Prototypes and Purpose at 2022 Brand Conference

November 14, 2022
Finxeed Announces $10 Million Strategic Investment from DBank (Chain Bank Group) to Launch World’s First Digital Asset Proprietary Company

Finxeed Announces $10 Million Strategic Investment from DBank (Chain Bank Group) to Launch World’s First Digital Asset Proprietary Company

December 23, 2022
Bridgewest Group signs deal with Pfizer to acquire injectable manufacturing plant in Western Australia

Bridgewest Group signs deal with Pfizer to acquire injectable manufacturing plant in Western Australia

November 11, 2022
The earliest evidence of the use of controlled fire for cooking food

The earliest evidence of the use of controlled fire for cooking food

November 14, 2022
Forbes LLC

This website provides information about Business and other things. Keep Supporting Us With the Latest News and we Will Provide the Best Of Our To Makes You Updated on All Around The World News. Keep Sporting US.

  • Home
  • About us
  • Contact us
  • DMCA

© 2022 forbes - Copyrights reserved by Forbes LLC.

No Result
View All Result
  • Home
  • Review
  • Apple
  • Applications
  • Computers
  • Gaming
  • Gear
    • Audio
    • Camera
    • Smartphone
  • Microsoft
  • Photography
  • Security

© 2022 forbes - Copyrights reserved by Forbes LLC.