Schweitzer-Mauduit International, Inc. (SWM) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 103.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,765 shares of the company’s stock after purchasing an additional 2,936 shares during the period. SG Americas Securities LLC’s holdings in Schweitzer-Mauduit International were worth $239,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Schweitzer-Mauduit International by 4.2% in the second quarter. State Street Corp now owns 783,424 shares of the company’s stock valued at $29,167,000 after purchasing an additional 31,424 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Schweitzer-Mauduit International in the second quarter worth $267,000. Principal Financial Group Inc. increased its stake in shares of Schweitzer-Mauduit International by 3.4% in the second 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 increased its stake in shares of Schweitzer-Mauduit International by 3.2% in the second 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, Schroder Investment Management Group increased its stake in shares of Schweitzer-Mauduit International by 0.7% in the second quarter. Schroder Investment Management Group now owns 808,951 shares of the company’s stock worth $30,214,000 after acquiring an additional 5,700 shares during the last quarter. Institutional investors own 85.59% of the company’s stock.

Schweitzer-Mauduit International, Inc. (NYSE SWM) opened at $45.29 on Thursday. Schweitzer-Mauduit International, Inc. has a one year low of $36.26 and a one year high of $47.01. The company has a quick ratio of 2.05, a current ratio of 3.06 and a debt-to-equity ratio of 1.21. The firm has a market cap of $1,360.04, a price-to-earnings ratio of 13.25, a PEG ratio of 2.81 and a beta of 1.32.

Schweitzer-Mauduit International (NYSE:SWM) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $1.00 earnings per share for the quarter, topping the Zacks’ 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 business had revenue of $257.80 million for the quarter, compared to the consensus estimate of $238.00 million. During the same period in the prior year, the business posted $0.74 earnings per share. Schweitzer-Mauduit International’s revenue for the quarter was up 23.2% compared to the same quarter last year. research analysts predict that Schweitzer-Mauduit International, Inc. will post 3.15 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be paid a $0.43 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from Schweitzer-Mauduit International’s previous quarterly dividend of $0.42. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.80%. Schweitzer-Mauduit International’s dividend payout ratio is 67.19%.

A number of equities analysts have recently weighed in on the stock. 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 research note on Tuesday, November 28th. DA Davidson assumed coverage on shares of Schweitzer-Mauduit International in a research note on Tuesday, September 26th. They issued a “buy” rating and a $47.00 price target on the stock.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.com-unik.info/2017/12/21/schweitzer-mauduit-international-inc-swm-shares-bought-by-sg-americas-securities-llc.html.

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.

Want to see what other hedge funds are holding SWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schweitzer-Mauduit International, Inc. (NYSE:SWM).

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

What are top analysts saying about Schweitzer-Mauduit International? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Schweitzer-Mauduit International and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit