Investors Research Corp boosted its position in Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 3.4% during the first quarter, Holdings Channel reports. The institutional investor owned 21,425 shares of the company’s stock after purchasing an additional 700 shares during the quarter. Investors Research Corp’s holdings in Schweitzer-Mauduit International were worth $830,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Washington Trust Bank acquired a new position in shares of Schweitzer-Mauduit International during the 1st quarter worth approximately $27,000. AlphaOne Investment Services LLC increased its position in shares of Schweitzer-Mauduit International by 61.4% during the 4th quarter. AlphaOne Investment Services LLC now owns 1,743 shares of the company’s stock worth $44,000 after purchasing an additional 663 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Schweitzer-Mauduit International by 42.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,302 shares of the company’s stock worth $58,000 after purchasing an additional 682 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new position in shares of Schweitzer-Mauduit International during the 4th quarter worth approximately $60,000. Finally, WBI Investments Inc. acquired a new position in shares of Schweitzer-Mauduit International during the 4th quarter worth approximately $220,000. 90.52% of the stock is currently owned by institutional investors and hedge funds.

Separately, TheStreet raised Schweitzer-Mauduit International from a “c” rating to a “b-” rating in a research report on Friday, February 22nd.

In other Schweitzer-Mauduit International news, EVP Michel Fievez sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $39.81, for a total transaction of $796,200.00. Following the transaction, the executive vice president now owns 66,113 shares of the company’s stock, valued at approximately $2,631,958.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.89% of the stock is owned by insiders.

Shares of NYSE:SWM traded down $0.11 during trading on Tuesday, hitting $35.73. 3,576 shares of the company were exchanged, compared to its average volume of 203,313. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 10.28, a price-to-earnings-growth ratio of 5.28 and a beta of 1.69. Schweitzer-Mauduit International, Inc. has a fifty-two week low of $24.35 and a fifty-two week high of $45.48. The company has a quick ratio of 1.94, a current ratio of 2.99 and a debt-to-equity ratio of 1.11.

Schweitzer-Mauduit International (NYSE:SWM) last posted its quarterly earnings results on Thursday, February 21st. The company reported $0.90 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.20. The firm had revenue of $248.70 million for the quarter, compared to analyst estimates of $238.90 million. Schweitzer-Mauduit International had a return on equity of 19.22% and a net margin of 9.08%. As a group, analysts anticipate that Schweitzer-Mauduit International, Inc. will post 3.48 earnings per share for the current year.

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

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