Denver Investment Advisors LLC bought a new position in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 121,971 shares of the company’s stock, valued at approximately $4,775,000. Denver Investment Advisors LLC owned 0.40% of Schweitzer-Mauduit International at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the stock. Ramsey Quantitative Systems acquired a new position in shares of Schweitzer-Mauduit International in the 4th quarter worth approximately $105,000. G&S Capital LLC acquired a new position in shares of Schweitzer-Mauduit International in the 4th quarter worth approximately $109,000. Financial Gravity Companies Inc. acquired a new position in shares of Schweitzer-Mauduit International in the 4th quarter worth approximately $192,000. Stone Ridge Asset Management LLC acquired a new position in shares of Schweitzer-Mauduit International in the 4th quarter worth approximately $212,000. Finally, M&T Bank Corp acquired a new position in shares of Schweitzer-Mauduit International in the 4th quarter worth approximately $218,000. Institutional investors and hedge funds own 87.65% of the company’s stock.
Separately, Zacks Investment Research upgraded shares of Schweitzer-Mauduit International from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Tuesday, May 8th.
Shares of NYSE SWM opened at $43.95 on Friday. The company has a market capitalization of $1.39 billion, a PE ratio of 13.82, a PEG ratio of 2.67 and a beta of 1.30. Schweitzer-Mauduit International, Inc. has a 52-week low of $36.26 and a 52-week high of $48.06. The company has a debt-to-equity ratio of 1.19, a quick ratio of 2.03 and a current ratio of 3.13.
Schweitzer-Mauduit International (NYSE:SWM) last issued its quarterly earnings results on Wednesday, May 2nd. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.09. The firm had revenue of $261.90 million for the quarter, compared to the consensus estimate of $236.30 million. Schweitzer-Mauduit International had a net margin of 4.08% and a return on equity of 18.54%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.66 EPS. equities research analysts expect that Schweitzer-Mauduit International, Inc. will post 3.39 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 22nd. Stockholders of record on Friday, May 25th will be given a $0.43 dividend. The ex-dividend date of this dividend is Thursday, May 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.91%. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is currently 54.09%.
Schweitzer-Mauduit International Company Profile
Schweitzer-Mauduit International, Inc, together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Engineered Papers and Advanced Materials & Structures. The Engineered Papers segment produces and sells cigarette papers, reconstituted tobacco leaf, and wrapper and binder products to cigarette and cigar manufacturers; and other non-tobacco paper products.
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