Simpson Manufacturing Co, Inc. (NYSE:SSD) major shareholder Sharon H. Simpson sold 21,600 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $58.37, for a total transaction of $1,260,792.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Simpson Manufacturing Co, Inc. (NYSE SSD) opened at $57.66 on Friday. The company has a market cap of $2,750.00, a PE ratio of 28.40, a PEG ratio of 6.20 and a beta of 1.52. Simpson Manufacturing Co, Inc. has a one year low of $39.82 and a one year high of $61.62.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Wednesday, January 3rd. Simpson Manufacturing’s dividend payout ratio (DPR) is 41.38%.
Several large investors have recently modified their holdings of the company. Dean Investment Associates LLC raised its stake in shares of Simpson Manufacturing by 36.2% during the third quarter. Dean Investment Associates LLC now owns 153,990 shares of the construction company’s stock valued at $7,552,000 after acquiring an additional 40,940 shares during the last quarter. Neuberger Berman Group LLC bought a new position in shares of Simpson Manufacturing during the third quarter valued at about $230,000. California Public Employees Retirement System raised its stake in shares of Simpson Manufacturing by 13.3% during the third quarter. California Public Employees Retirement System now owns 85,188 shares of the construction company’s stock valued at $4,178,000 after acquiring an additional 9,988 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Simpson Manufacturing by 16.7% during the third quarter. Janus Henderson Group PLC now owns 1,941,044 shares of the construction company’s stock valued at $95,189,000 after acquiring an additional 277,496 shares during the last quarter. Finally, Royce & Associates LP raised its stake in shares of Simpson Manufacturing by 6.8% during the third quarter. Royce & Associates LP now owns 792,625 shares of the construction company’s stock valued at $38,870,000 after acquiring an additional 50,380 shares during the last quarter. 84.49% of the stock is owned by hedge funds and other institutional investors.
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About Simpson Manufacturing
Simpson Manufacturing Co, Inc, through its subsidiary, Simpson Strong-Tie Company Inc (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction. The Company’s segments are North America, Europe, Asia/Pacific, and Administrative & All Other.
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