Great West Life Assurance Co. Can decreased its stake in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 7.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,236 shares of the company’s stock after selling 3,292 shares during the period. Great West Life Assurance Co. Can owned about 0.13% of Schweitzer-Mauduit International worth $1,710,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of Schweitzer-Mauduit International by 0.3% during the second quarter. BlackRock Inc. now owns 3,743,346 shares of the company’s stock valued at $139,365,000 after buying an additional 11,898 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Schweitzer-Mauduit International by 1.5% during the second quarter. Vanguard Group Inc. now owns 2,928,148 shares of the company’s stock valued at $109,016,000 after buying an additional 43,065 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Schweitzer-Mauduit International by 2.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,334,057 shares of the company’s stock valued at $49,667,000 after buying an additional 25,906 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Schweitzer-Mauduit International by 7.8% during the second quarter. Wells Fargo & Company MN now owns 951,648 shares of the company’s stock valued at $35,430,000 after buying an additional 68,762 shares during the last quarter. Finally, Boston Partners boosted its position in shares of Schweitzer-Mauduit International by 35.7% during the third quarter. Boston Partners now owns 919,357 shares of the company’s stock valued at $38,116,000 after buying an additional 241,771 shares during the last quarter. 85.59% of the stock is currently owned by institutional investors.

Schweitzer-Mauduit International, Inc. (NYSE SWM) opened at $44.27 on Wednesday. Schweitzer-Mauduit International, Inc. has a 1 year low of $36.26 and a 1 year high of $47.01. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.05 and a current ratio of 3.06. The company has a market capitalization of $1,343.15, a price-to-earnings ratio of 13.09, a PEG ratio of 2.78 and a beta of 1.32.

Schweitzer-Mauduit International (NYSE:SWM) last announced its earnings results on Wednesday, November 1st. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.18. Schweitzer-Mauduit International had a return on equity of 19.10% and a net margin of 8.33%. The business had revenue of $257.80 million for the quarter, compared to analyst estimates of $238.00 million. During the same period in the prior year, the company earned $0.74 EPS. The company’s quarterly revenue was up 23.2% compared to the same quarter last year. sell-side analysts forecast that Schweitzer-Mauduit International, Inc. will post 3.15 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be issued a $0.43 dividend. This is a boost from Schweitzer-Mauduit International’s previous quarterly dividend of $0.42. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date of this dividend is Thursday, November 30th. Schweitzer-Mauduit International’s dividend payout ratio is presently 67.19%.

SWM has been the topic of several research analyst reports. DA Davidson initiated coverage on Schweitzer-Mauduit International in a research report on Tuesday, September 26th. They issued a “buy” rating and a $47.00 price objective on the stock. Zacks Investment Research raised Schweitzer-Mauduit International from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research report on Tuesday, November 28th.

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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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