California State Teachers Retirement System lessened its stake in Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 9.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,782 shares of the company’s stock after selling 5,178 shares during the quarter. California State Teachers Retirement System owned about 0.16% of Schweitzer-Mauduit International worth $2,023,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of SWM. SG Americas Securities LLC increased its holdings in shares of Schweitzer-Mauduit International by 7.0% in the second quarter. SG Americas Securities LLC now owns 2,829 shares of the company’s stock valued at $105,000 after purchasing an additional 184 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new stake in shares of Schweitzer-Mauduit International in the second quarter valued at approximately $247,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Schweitzer-Mauduit International in the third quarter valued at approximately $258,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Schweitzer-Mauduit International in the second quarter valued at approximately $267,000. Finally, Quantbot Technologies LP increased its holdings in shares of Schweitzer-Mauduit International by 61.6% in the second quarter. Quantbot Technologies LP now owns 8,400 shares of the company’s stock valued at $312,000 after purchasing an additional 3,203 shares during the last quarter. 86.03% of the stock is owned by hedge funds and other institutional investors.
Schweitzer-Mauduit International, Inc. (NYSE:SWM) traded up $0.40 during trading hours on Friday, hitting $40.87. The company had a trading volume of 213,074 shares, compared to its average volume of 158,913. Schweitzer-Mauduit International, Inc. has a 12-month low of $36.26 and a 12-month high of $48.06. 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 firm has a market capitalization of $1,286.31, a PE ratio of 15.96, a PEG ratio of 2.48 and a beta of 1.27.
Separately, Zacks Investment Research cut Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a report on Friday, January 5th.
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Schweitzer-Mauduit International Company 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.
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