Simpson Manufacturing Co (SSD) : Ep Wealth Advisors scooped up 15,051 additional shares in Simpson Manufacturing Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 372,520 shares of Simpson Manufacturing Co which is valued at $15,556,435.Simpson Manufacturing Co makes up approximately 2.39% of Ep Wealth Advisors’s portfolio.
Other Hedge Funds, Including , A.r.t. Advisors sold out all of its stake in SSD during the most recent quarter. The investment firm sold 8,519 shares of SSD which is valued $355,753. Tower Research Capital (trc) added SSD to its portfolio by purchasing 3,237 company shares during the most recent quarter which is valued at $135,177. Simpson Manufacturing Co makes up approx 0.01% of Tower Research Capital (trc)’s portfolio.Commonwealth Equity Services Inc reduced its stake in SSD by selling 2,530 shares or 30.9% in the most recent quarter. The Hedge Fund company now holds 5,659 shares of SSD which is valued at $234,905.Conestoga Capital Advisors reduced its stake in SSD by selling 175,295 shares or 16.3% in the most recent quarter. The Hedge Fund company now holds 900,420 shares of SSD which is valued at $36,872,199. Simpson Manufacturing Co makes up approx 2.68% of Conestoga Capital Advisors’s portfolio. Carroll Financial Associates sold out all of its stake in SSD during the most recent quarter. The investment firm sold 10 shares of SSD which is valued $410.
Simpson Manufacturing Co opened for trading at $44.12 and hit $44.48 on the upside on Thursday, eventually ending the session at $44.39, with a gain of 1.16% or 0.51 points. The heightened volatility saw the trading volume jump to 2,30,716 shares. Company has a market cap of $2,148 M.
On the company’s financial health, Simpson Manufacturing Co reported $0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.49. The company had revenue of $230.00 million for the quarter, compared to analysts expectations of $227.12 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
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 lateral systems used in light-frame construction. The Company also offers concrete construction products used for concrete masonry steel and for concrete repair protection and strengthening including adhesives chemicals mechanical anchors carbide drill bits powder actuated tools and fiber reinforced materials. The Company operates in three segments: North America Europe and Asia/Pacific. The North America segment includes operations in the United States and Canada. The Europe segment includes operations in France the United Kingdom Germany Denmark Switzerland Portugal and Poland. The Asia/Pacific segment includes operations in China Hong Kong Thailand Australia New Zealand South Africa and the Middle East.