MetLife Investment Advisors LLC Takes Position in Schweitzer-Mauduit International, Inc. (SWM)

MetLife Investment Advisors LLC bought a new position in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,898 shares of the company’s stock, valued at approximately $676,000.

Other large investors also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. raised its position in Schweitzer-Mauduit International by 6.5% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 277,955 shares of the company’s stock worth $11,525,000 after purchasing an additional 16,890 shares during the last quarter. Bailard Inc. bought a new position in Schweitzer-Mauduit International during the 4th quarter worth $494,000. M&T Bank Corp bought a new position in Schweitzer-Mauduit International during the 4th quarter worth $218,000. Renaissance Technologies LLC raised its position in Schweitzer-Mauduit International by 5.5% during the 4th quarter. Renaissance Technologies LLC now owns 633,200 shares of the company’s stock worth $28,722,000 after purchasing an additional 32,900 shares during the last quarter. Finally, Midas Management Corp bought a new position in Schweitzer-Mauduit International during the 4th quarter worth $1,512,000. 86.79% of the stock is owned by institutional investors and hedge funds.

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SWM stock opened at $41.50 on Tuesday. Schweitzer-Mauduit International, Inc. has a 1-year low of $36.26 and a 1-year high of $48.06. The company has a debt-to-equity ratio of 1.24, a current ratio of 2.94 and a quick ratio of 1.89. The stock has a market capitalization of $1,251.16, a PE ratio of 13.05, a price-to-earnings-growth ratio of 2.41 and a beta of 1.30.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Stockholders of record on Friday, March 2nd were given a $0.43 dividend. The ex-dividend date of this dividend was Thursday, March 1st. This is a positive change from Schweitzer-Mauduit International’s previous quarterly dividend of $0.38. This represents a $1.72 annualized dividend and a dividend yield of 4.14%. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is 54.09%.

Separately, Zacks Investment Research lowered Schweitzer-Mauduit International from a “buy” rating to a “hold” rating in a research report on Friday, January 5th.

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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.

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

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