California State Teachers Retirement System Has $2.02 Million Position in Schweitzer-Mauduit International, Inc. (SWM)

California State Teachers Retirement System lessened its holdings in Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,782 shares of the company’s stock after selling 5,178 shares during the period. California State Teachers Retirement System’s holdings in Schweitzer-Mauduit International were worth $2,023,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SWM. SG Americas Securities LLC lifted its position in Schweitzer-Mauduit International by 7.0% during the 2nd quarter. SG Americas Securities LLC now owns 2,829 shares of the company’s stock worth $105,000 after acquiring an additional 184 shares during the last quarter. Voya Investment Management LLC lifted its position in Schweitzer-Mauduit International by 9.3% during the 2nd quarter. Voya Investment Management LLC now owns 14,586 shares of the company’s stock worth $543,000 after acquiring an additional 1,242 shares during the last quarter. American International Group Inc. lifted its position in Schweitzer-Mauduit International by 5.7% during the 3rd quarter. American International Group Inc. now owns 24,148 shares of the company’s stock worth $1,001,000 after acquiring an additional 1,309 shares during the last quarter. Navellier & Associates Inc lifted its position in Schweitzer-Mauduit International by 1.8% during the 2nd quarter. Navellier & Associates Inc now owns 74,515 shares of the company’s stock worth $2,774,000 after acquiring an additional 1,322 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in Schweitzer-Mauduit International by 2.3% during the 3rd quarter. Rhumbline Advisers now owns 64,036 shares of the company’s stock worth $2,655,000 after acquiring an additional 1,420 shares during the last quarter. 85.59% of the stock is owned by institutional investors and hedge funds.

Schweitzer-Mauduit International, Inc. (NYSE:SWM) opened at $46.40 on Thursday. The firm has a market cap of $1,451.90, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 2.80 and a beta of 1.32. The company has a current ratio of 3.06, a quick ratio of 2.05 and a debt-to-equity ratio of 1.21. Schweitzer-Mauduit International, Inc. has a 52-week low of $36.26 and a 52-week high of $48.06.

Schweitzer-Mauduit International (NYSE:SWM) last released its 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. The firm had revenue of $257.80 million during the quarter, compared to analyst estimates of $238.00 million. Schweitzer-Mauduit International had a net margin of 8.33% and a return on equity of 19.10%. The business’s revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 EPS. equities analysts expect that Schweitzer-Mauduit International, Inc. will post 3.15 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 1st were issued a dividend of $0.43 per share. This is an increase from Schweitzer-Mauduit International’s previous quarterly dividend of $0.42. The ex-dividend date was Thursday, November 30th. This represents a $1.72 annualized dividend and a dividend yield of 3.71%. Schweitzer-Mauduit International’s payout ratio is presently 67.19%.

A number of research firms have weighed in on SWM. Zacks Investment Research lowered shares of Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. DA Davidson began coverage on shares of Schweitzer-Mauduit International in a research report on Tuesday, September 26th. They set a “buy” rating and a $47.00 target price for the company.

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Schweitzer-Mauduit International 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.

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

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