A. Schulman, Inc. (SHLM) Position Cut by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lessened its stake in A. Schulman, Inc. (NASDAQ:SHLM) by 3.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,901 shares of the basic materials company’s stock after selling 3,854 shares during the period. Brandywine Global Investment Management LLC owned 0.37% of A. Schulman worth $3,485,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Voya Investment Management LLC grew its position in A. Schulman by 8.1% in the 2nd quarter. Voya Investment Management LLC now owns 14,997 shares of the basic materials company’s stock valued at $480,000 after buying an additional 1,125 shares in the last quarter. OxFORD Asset Management LLP acquired a new stake in A. Schulman in the 2nd quarter valued at about $2,151,000. Virtu KCG Holdings LLC lifted its holdings in A. Schulman by 139.2% in the 2nd quarter. Virtu KCG Holdings LLC now owns 18,600 shares of the basic materials company’s stock valued at $595,000 after acquiring an additional 10,824 shares during the last quarter. Citadel Advisors LLC lifted its holdings in A. Schulman by 97.5% in the 2nd quarter. Citadel Advisors LLC now owns 76,284 shares of the basic materials company’s stock valued at $2,441,000 after acquiring an additional 37,661 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in A. Schulman by 3.0% in the 2nd quarter. California Public Employees Retirement System now owns 57,500 shares of the basic materials company’s stock valued at $1,840,000 after acquiring an additional 1,700 shares during the last quarter. Hedge funds and other institutional investors own 84.22% of the company’s stock.

TRADEMARK VIOLATION WARNING: “A. Schulman, Inc. (SHLM) Position Cut by Brandywine Global Investment Management LLC” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/08/a-schulman-inc-shlm-position-cut-by-brandywine-global-investment-management-llc.html.

A number of equities research analysts have weighed in on SHLM shares. Zacks Investment Research downgraded shares of A. Schulman from a “hold” rating to a “strong sell” rating in a report on Thursday, August 24th. ValuEngine downgraded shares of A. Schulman from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Longbow Research raised shares of A. Schulman from a “neutral” rating to a “buy” rating and set a $37.00 price target for the company in a report on Friday, August 25th. Finally, BidaskClub raised shares of A. Schulman from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. A. Schulman has an average rating of “Hold” and a consensus target price of $35.00.

Shares of A. Schulman, Inc. (NASDAQ SHLM) opened at 36.65 on Friday. The firm’s market capitalization i

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Voya Investment Management LLC grew its position in A. Schulman by 8.1% in the 2nd quarter. Voya Investment Management LLC now owns 14,997 shares of the basic materials company’s stock valued at $480,000 after buying an additional 1,125 shares in the last quarter. OxFORD Asset Management LLP acquired a new stake in A. Schulman in the 2nd quarter valued at about $2,151,000. Virtu KCG Holdings LLC lifted its holdings in A. Schulman by 139.2% in the 2nd quarter. Virtu KCG Holdings LLC now owns 18,600 shares of the basic materials company’s stock valued at $595,000 after acquiring an additional 10,824 shares during the last quarter. Citadel Advisors LLC lifted its holdings in A. Schulman by 97.5% in the 2nd quarter. Citadel Advisors LLC now owns 76,284 shares of the basic materials company’s stock valued at $2,441,000 after acquiring an additional 37,661 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in A. Schulman by 3.0% in the 2nd quarter. California Public Employees Retirement System now owns 57,500 shares of the basic materials company’s stock valued at $1,840,000 after acquiring an additional 1,700 shares during the last quarter. Hedge funds and other institutional investors own 84.22% of the company’s stock.

TRADEMARK VIOLATION WARNING: “A. Schulman, Inc. (SHLM) Position Cut by Brandywine Global Investment Management LLC” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/08/a-schulman-inc-shlm-position-cut-by-brandywine-global-investment-management-llc.html.

A number of equities research analysts have weighed in on SHLM shares. Zacks Investment Research downgraded shares of A. Schulman from a “hold” rating to a “strong sell” rating in a report on Thursday, August 24th. ValuEngine downgraded shares of A. Schulman from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Longbow Research raised shares of A. Schulman from a “neutral” rating to a “buy” rating and set a $37.00 price target for the company in a report on Friday, August 25th. Finally, BidaskClub raised shares of A. Schulman from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. A. Schulman has an average rating of “Hold” and a consensus target price of $35.00.

Shares of A. Schulman, Inc. (NASDAQ SHLM) opened at 36.65 on Friday. The firm’s market capitalization is $1.08 billion. The firm has a 50-day moving average of $32.20 and a 200-day moving average of $30.08. A. Schulman, Inc. has a one year low of $25.00 and a one year high of $39.85.

A. Schulman Company Profile

A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.

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Institutional Ownership by Quarter for A. Schulman (NASDAQ:SHLM)

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