Quantamental Technologies LLC Has $34,000 Stake in Schweitzer-Mauduit International, Inc. (NYSE:SWM)

Quantamental Technologies LLC decreased its position in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 53.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,030 shares of the company’s stock after selling 1,160 shares during the period. Quantamental Technologies LLC’s holdings in Schweitzer-Mauduit International were worth $34,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mason Street Advisors LLC increased its holdings in shares of Schweitzer-Mauduit International by 3.9% during the first quarter. Mason Street Advisors LLC now owns 9,923 shares of the company’s stock worth $384,000 after buying an additional 368 shares in the last quarter. Comerica Bank increased its holdings in shares of Schweitzer-Mauduit International by 2.6% during the first quarter. Comerica Bank now owns 24,789 shares of the company’s stock worth $958,000 after buying an additional 638 shares in the last quarter. Texas Permanent School Fund increased its holdings in shares of Schweitzer-Mauduit International by 4.2% during the first quarter. Texas Permanent School Fund now owns 20,979 shares of the company’s stock worth $812,000 after buying an additional 845 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of Schweitzer-Mauduit International by 1.1% during the first quarter. Rhumbline Advisers now owns 82,147 shares of the company’s stock worth $3,181,000 after buying an additional 904 shares in the last quarter. Finally, HGK Asset Management Inc. increased its holdings in shares of Schweitzer-Mauduit International by 19.5% during the second quarter. HGK Asset Management Inc. now owns 6,482 shares of the company’s stock worth $215,000 after buying an additional 1,056 shares in the last quarter. 92.28% of the stock is owned by institutional investors.

Shares of Schweitzer-Mauduit International stock traded up $0.37 during midday trading on Friday, reaching $36.67. The company had a trading volume of 158,320 shares, compared to its average volume of 99,055. The company has a current ratio of 3.11, a quick ratio of 2.02 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 10.54 and a beta of 1.57. The stock has a fifty day simple moving average of $34.04 and a 200 day simple moving average of $34.62. Schweitzer-Mauduit International, Inc. has a 1-year low of $24.35 and a 1-year high of $42.32.

Schweitzer-Mauduit International (NYSE:SWM) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.12. The business had revenue of $269.90 million during the quarter, compared to analyst estimates of $275.95 million. Schweitzer-Mauduit International had a net margin of 8.30% and a return on equity of 18.66%. Schweitzer-Mauduit International’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the business posted $0.99 earnings per share. Sell-side analysts expect that Schweitzer-Mauduit International, Inc. will post 3.46 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, August 23rd will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date is Thursday, August 22nd. Schweitzer-Mauduit International’s dividend payout ratio is currently 50.57%.

Several research firms have recently weighed in on SWM. Zacks Investment Research raised shares of Schweitzer-Mauduit International from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Wednesday, August 14th. DA Davidson reissued a “buy” rating on shares of Schweitzer-Mauduit International in a report on Friday, August 9th.

About Schweitzer-Mauduit International

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.

Featured Story: What is a Leveraged Buyout (LBO)?

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)

Receive News & Ratings for Schweitzer-Mauduit International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schweitzer-Mauduit International and related companies with MarketBeat.com's FREE daily email newsletter.