QS Investors LLC Acquires 1,235 Shares of Schweitzer-Mauduit International, Inc. (SWM)

QS Investors LLC boosted its holdings in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 10.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,111 shares of the company’s stock after buying an additional 1,235 shares during the quarter. QS Investors LLC’s holdings in Schweitzer-Mauduit International were worth $595,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SWM. First Trust Advisors LP grew its position in Schweitzer-Mauduit International by 8.3% during the third quarter. First Trust Advisors LP now owns 48,216 shares of the company’s stock valued at $1,999,000 after buying an additional 3,715 shares during the period. Aperio Group LLC grew its position in Schweitzer-Mauduit International by 27.2% during the third quarter. Aperio Group LLC now owns 8,932 shares of the company’s stock valued at $370,000 after buying an additional 1,910 shares during the period. Victory Capital Management Inc. grew its position in Schweitzer-Mauduit International by 38.8% during the third quarter. Victory Capital Management Inc. now owns 22,030 shares of the company’s stock valued at $913,000 after buying an additional 6,159 shares during the period. Municipal Employees Retirement System of Michigan grew its position in Schweitzer-Mauduit International by 46.4% during the third quarter. Municipal Employees Retirement System of Michigan now owns 13,480 shares of the company’s stock valued at $559,000 after buying an additional 4,270 shares during the period. Finally, Rhumbline Advisers grew its position in Schweitzer-Mauduit International by 2.3% during the third quarter. Rhumbline Advisers now owns 64,036 shares of the company’s stock valued at $2,655,000 after buying an additional 1,420 shares during the period. Institutional investors own 86.79% of the company’s stock.

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Shares of SWM stock opened at $38.29 on Friday. The company has a current ratio of 2.94, a quick ratio of 1.89 and a debt-to-equity ratio of 1.24. The stock has a market cap of $1,202.23, a P/E ratio of 34.19, a P/E/G ratio of 2.31 and a beta of 1.35. Schweitzer-Mauduit International, Inc. has a 12-month low of $36.26 and a 12-month high of $48.06.

Schweitzer-Mauduit International (NYSE:SWM) last announced its earnings results on Wednesday, February 21st. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.03. The company had revenue of $235.70 million during the quarter, compared to analyst estimates of $224.80 million. Schweitzer-Mauduit International had a net margin of 3.50% and a return on equity of 17.91%. The firm’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 earnings per share. equities analysts predict that Schweitzer-Mauduit International, Inc. will post 3.38 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Friday, March 2nd were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, March 1st. This represents a $1.72 annualized dividend and a yield of 4.49%. This is an increase from Schweitzer-Mauduit International’s previous quarterly dividend of $0.38. Schweitzer-Mauduit International’s payout ratio is currently 153.57%.

Separately, Zacks Investment Research lowered shares of Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research report on Friday.

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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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