G&S Capital LLC purchased a new position in Schweitzer-Mauduit International, Inc. (NYSE:SWM) in the fourth quarter, Holdings Channel reports. The fund purchased 2,400 shares of the company’s stock, valued at approximately $109,000.
Other institutional investors have also recently modified their holdings of the company. Boston Partners lifted its position in shares of Schweitzer-Mauduit International by 21.0% during the 4th quarter. Boston Partners now owns 1,112,199 shares of the company’s stock worth $50,449,000 after buying an additional 192,842 shares during the last quarter. Thrivent Financial For Lutherans lifted its position in shares of Schweitzer-Mauduit International by 82.8% during the 4th quarter. Thrivent Financial For Lutherans now owns 250,416 shares of the company’s stock worth $11,359,000 after buying an additional 113,446 shares during the last quarter. Cooke & Bieler LP lifted its position in shares of Schweitzer-Mauduit International by 6.2% during the 4th quarter. Cooke & Bieler LP now owns 1,712,526 shares of the company’s stock worth $77,680,000 after buying an additional 100,368 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of Schweitzer-Mauduit International during the 4th quarter worth approximately $4,535,000. Finally, BlackRock Inc. lifted its position in shares of Schweitzer-Mauduit International by 1.7% during the 4th quarter. BlackRock Inc. now owns 3,912,649 shares of the company’s stock worth $177,477,000 after buying an additional 66,939 shares during the last quarter. Institutional investors own 86.83% of the company’s stock.
Separately, Zacks Investment Research downgraded shares of Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research report on Friday, January 5th.
Shares of Schweitzer-Mauduit International, Inc. (SWM) opened at $39.93 on Wednesday. The firm has a market cap of $1,236.08, a P/E ratio of 12.63, a PEG ratio of 2.38 and a beta of 1.35. The company has a current ratio of 2.94, a quick ratio of 1.89 and a debt-to-equity ratio of 1.24. Schweitzer-Mauduit International, Inc. has a 12-month low of $36.26 and a 12-month high of $48.06.
Schweitzer-Mauduit International (NYSE:SWM) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The business had revenue of $235.70 million during the quarter, compared to the consensus estimate of $224.80 million. Schweitzer-Mauduit International had a net margin of 3.50% and a return on equity of 17.91%. The company’s revenue was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 EPS. research analysts expect that Schweitzer-Mauduit International, Inc. will post 3.38 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be given a $0.43 dividend. This is an increase from Schweitzer-Mauduit International’s previous quarterly dividend of $0.38. The ex-dividend date is Thursday, March 1st. This represents a $1.72 annualized dividend and a yield of 4.31%. Schweitzer-Mauduit International’s dividend payout ratio is 153.57%.
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.
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