Acadian Asset Management LLC Has $3.96 Million Holdings in Schweitzer-Mauduit International, Inc. (SWM)

Acadian Asset Management LLC grew its position in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 49.0% during the 3rd quarter, Holdings Channel reports. The firm owned 103,419 shares of the company’s stock after purchasing an additional 34,017 shares during the quarter. Acadian Asset Management LLC’s holdings in Schweitzer-Mauduit International were worth $3,964,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SWM. Legal & General Group Plc boosted its position in Schweitzer-Mauduit International by 1.9% during the 1st quarter. Legal & General Group Plc now owns 62,589 shares of the company’s stock valued at $2,446,000 after acquiring an additional 1,172 shares in the last quarter. Royal Bank of Canada boosted its position in Schweitzer-Mauduit International by 21.3% during the 1st quarter. Royal Bank of Canada now owns 13,516 shares of the company’s stock valued at $529,000 after acquiring an additional 2,370 shares in the last quarter. Principal Financial Group Inc. boosted its position in Schweitzer-Mauduit International by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 245,359 shares of the company’s stock valued at $9,606,000 after acquiring an additional 5,817 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Schweitzer-Mauduit International by 51.5% during the 2nd quarter. State of Alaska Department of Revenue now owns 15,055 shares of the company’s stock valued at $657,000 after acquiring an additional 5,120 shares in the last quarter. Finally, Amalgamated Bank bought a new stake in Schweitzer-Mauduit International during the 2nd quarter valued at approximately $200,000. 88.93% of the stock is currently owned by institutional investors.

SWM has been the topic of several research reports. Sidoti set a $54.00 price objective on Schweitzer-Mauduit International and gave the company a “buy” rating in a research report on Tuesday, September 25th. TheStreet cut Schweitzer-Mauduit International from a “b” rating to a “c+” rating in a research report on Thursday, October 18th. Finally, Zacks Investment Research raised Schweitzer-Mauduit International from a “sell” rating to a “hold” rating in a research report on Thursday, October 4th.

Schweitzer-Mauduit International stock opened at $32.01 on Friday. The company has a current ratio of 2.98, a quick ratio of 1.86 and a debt-to-equity ratio of 1.18. The company has a market cap of $991.31 million, a price-to-earnings ratio of 10.07, a PEG ratio of 4.77 and a beta of 1.43. Schweitzer-Mauduit International, Inc. has a fifty-two week low of $31.07 and a fifty-two week high of $48.06.

Schweitzer-Mauduit International (NYSE:SWM) last released its earnings results on Wednesday, November 7th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.05). Schweitzer-Mauduit International had a net margin of 4.36% and a return on equity of 19.06%. The business had revenue of $260.30 million for the quarter, compared to analysts’ expectations of $266.80 million. During the same quarter in the previous year, the business posted $1.00 earnings per share. Schweitzer-Mauduit International’s revenue for the quarter was up 1.0% on a year-over-year basis. As a group, analysts forecast that Schweitzer-Mauduit International, Inc. will post 3.38 earnings per share for the current year.

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

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