Schweitzer-Mauduit International (SWM) Downgraded by TheStreet to “C+”

Schweitzer-Mauduit International (NYSE:SWM) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a note issued to investors on Thursday.

Several other research firms also recently weighed in on SWM. Sidoti set a $54.00 target price on shares of Schweitzer-Mauduit International and gave the stock a “buy” rating in a research report on Tuesday, September 25th. Zacks Investment Research downgraded shares of Schweitzer-Mauduit International from a “hold” rating to a “sell” rating in a research report on Thursday, August 9th.

Shares of Schweitzer-Mauduit International stock traded up $0.14 during trading on Thursday, hitting $34.21. The stock had a trading volume of 104,279 shares, compared to its average volume of 170,852. The company has a market cap of $1.05 billion, a P/E ratio of 10.76, a price-to-earnings-growth ratio of 5.04 and a beta of 1.32. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.98 and a quick ratio of 1.86. Schweitzer-Mauduit International has a 1 year low of $33.09 and a 1 year high of $48.06.

Schweitzer-Mauduit International (NYSE:SWM) last released its earnings results on Wednesday, August 1st. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.14. The business had revenue of $270.40 million for the quarter, compared to the consensus estimate of $265.35 million. Schweitzer-Mauduit International had a net margin of 4.36% and a return on equity of 19.06%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. On average, analysts expect that Schweitzer-Mauduit International will post 3.38 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Adams Asset Advisors LLC purchased a new position in Schweitzer-Mauduit International during the third quarter valued at approximately $871,000. Nisa Investment Advisors LLC grew its position in Schweitzer-Mauduit International by 29.5% during the third quarter. Nisa Investment Advisors LLC now owns 45,700 shares of the company’s stock valued at $1,751,000 after purchasing an additional 10,400 shares in the last quarter. Northern Trust Corp grew its position in Schweitzer-Mauduit International by 17.9% during the second quarter. Northern Trust Corp now owns 548,616 shares of the company’s stock valued at $23,985,000 after purchasing an additional 83,452 shares in the last quarter. Truvestments Capital LLC purchased a new position in Schweitzer-Mauduit International during the second quarter valued at approximately $326,000. Finally, Bank of New York Mellon Corp grew its position in Schweitzer-Mauduit International by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 626,552 shares of the company’s stock valued at $27,393,000 after purchasing an additional 2,884 shares in the last quarter. 88.68% of the stock is currently owned by hedge funds and other institutional investors.

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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