Boston Partners reduced its holdings in Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,158,275 shares of the company’s stock after selling 6,291 shares during the quarter. Boston Partners owned 3.75% of Schweitzer-Mauduit International worth $48,569,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC increased its stake in Schweitzer-Mauduit International by 122,817.8% during the 1st quarter. FMR LLC now owns 394,566 shares of the company’s stock worth $15,278,000 after purchasing an additional 394,245 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Schweitzer-Mauduit International by 127.7% during the 1st quarter. First Trust Advisors LP now owns 66,163 shares of the company’s stock worth $2,562,000 after acquiring an additional 37,111 shares in the last quarter. Morgan Stanley grew its stake in shares of Schweitzer-Mauduit International by 90.7% during the 2nd quarter. Morgan Stanley now owns 224,652 shares of the company’s stock worth $7,455,000 after acquiring an additional 106,833 shares in the last quarter. Nuveen Asset Management LLC bought a new position in shares of Schweitzer-Mauduit International during the 2nd quarter worth approximately $3,974,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Schweitzer-Mauduit International by 7.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,029 shares of the company’s stock worth $413,000 after acquiring an additional 776 shares in the last quarter. Institutional investors and hedge funds own 90.30% of the company’s stock.
Several equities analysts have recently weighed in on SWM shares. ValuEngine raised shares of Schweitzer-Mauduit International from a “strong sell” rating to a “sell” rating in a research note on Friday, January 31st. Sidoti started coverage on shares of Schweitzer-Mauduit International in a research note on Wednesday, October 23rd. They set a “buy” rating for the company. Finally, Zacks Investment Research cut shares of Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. One analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $49.00.
Shares of SWM opened at $35.14 on Friday. The stock has a market capitalization of $1.13 billion, a P/E ratio of 14.95 and a beta of 1.59. Schweitzer-Mauduit International, Inc. has a twelve month low of $29.71 and a twelve month high of $46.65. The company has a 50 day moving average of $37.60 and a 200-day moving average of $38.43. The company has a quick ratio of 1.87, a current ratio of 2.90 and a debt-to-equity ratio of 0.97.
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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