Dean Investment Associates LLC Trims Position in Schweitzer-Mauduit International, Inc. (SWM)

Dean Investment Associates LLC lowered its holdings in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 12.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 208,600 shares of the company’s stock after selling 30,554 shares during the period. Schweitzer-Mauduit International comprises about 1.3% of Dean Investment Associates LLC’s investment portfolio, making the stock its 2nd biggest position. Dean Investment Associates LLC owned 0.68% of Schweitzer-Mauduit International worth $8,649,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Cubist Systematic Strategies LLC bought a new stake in Schweitzer-Mauduit International in the 2nd quarter worth $267,000. State Street Corp grew its holdings in Schweitzer-Mauduit International by 4.2% in the 2nd quarter. State Street Corp now owns 783,424 shares of the company’s stock worth $29,167,000 after acquiring an additional 31,424 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Schweitzer-Mauduit International by 3.4% in the 2nd quarter. Principal Financial Group Inc. now owns 250,469 shares of the company’s stock worth $9,325,000 after acquiring an additional 8,221 shares during the last quarter. Great West Life Assurance Co. Can grew its holdings in Schweitzer-Mauduit International by 3.2% in the 2nd quarter. Great West Life Assurance Co. Can now owns 44,528 shares of the company’s stock worth $1,657,000 after acquiring an additional 1,383 shares during the last quarter. Finally, LaSalle Street Capital Management LLC grew its holdings in Schweitzer-Mauduit International by 60.9% in the 3rd quarter. LaSalle Street Capital Management LLC now owns 10,115 shares of the company’s stock worth $419,000 after acquiring an additional 3,828 shares during the last quarter. 85.61% of the stock is currently owned by institutional investors.

Schweitzer-Mauduit International, Inc. (SWM) traded down $0.05 during trading hours on Wednesday, hitting $44.32. 183,200 shares of the stock traded hands, compared to its average volume of 142,017. Schweitzer-Mauduit International, Inc. has a 12-month low of $36.26 and a 12-month high of $47.01. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.05 and a current ratio of 3.06. The stock has a market cap of $1,363.12, a PE ratio of 13.28, a price-to-earnings-growth ratio of 2.82 and a beta of 1.32.

Schweitzer-Mauduit International (NYSE:SWM) last posted its earnings results on Wednesday, November 1st. The company reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.18. Schweitzer-Mauduit International had a net margin of 8.33% and a return on equity of 19.10%. The firm had revenue of $257.80 million during the quarter, compared to analysts’ expectations of $238.00 million. During the same period last year, the company posted $0.74 EPS. The company’s quarterly revenue was up 23.2% compared to the same quarter last year. equities research analysts expect that Schweitzer-Mauduit International, Inc. will post 3.15 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 3.88%. This is a boost from Schweitzer-Mauduit International’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, November 30th. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is currently 67.19%.

A number of equities research analysts have issued reports on SWM shares. Zacks Investment Research raised shares of Schweitzer-Mauduit International from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Tuesday, November 28th. DA Davidson started coverage on shares of Schweitzer-Mauduit International in a report on Tuesday, September 26th. They issued a “buy” rating and a $47.00 price target on the stock.

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Schweitzer-Mauduit International Profile

Schweitzer-Mauduit International, Inc (SWM) is a diversified producer of engineered solutions and materials for a variety of industries. The Company has two operating product line segments: Engineered Papers, and Advanced Materials and Structures. As of December 31, 2016, the Company conducted business in over 90 countries and operate 18 production locations across the world, with facilities in the United States, Canada, the United Kingdom, France, Luxembourg, Russia, Brazil, China and Poland.

Institutional Ownership by Quarter for Schweitzer-Mauduit International (NYSE:SWM)

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