A. Schulman Inc. (NASDAQ:SHLM) saw an uptick in trading volume on Thursday . 311,102 shares changed hands during mid-day trading, an increase of 5% from the previous session’s volume of 296,315 shares.The stock last traded at $25.38 and had previously closed at $25.02.

A number of analysts have recently commented on SHLM shares. Zacks Investment Research cut shares of A. Schulman from a “buy” rating to a “hold” rating in a research note on Thursday, June 16th. Longbow Research raised shares of A. Schulman from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 1st. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $39.67.

The firm has a market cap of $757.24 million and a PE ratio of 17.91. The firm has a 50-day moving average price of $24.54 and a 200-day moving average price of $25.64.

A. Schulman (NASDAQ:SHLM) last issued its quarterly earnings results on Tuesday, June 28th. The company reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.01. The business had revenue of $650.40 million for the quarter. A. Schulman’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 EPS. Equities research analysts anticipate that A. Schulman Inc. will post $2.41 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 1st. Investors of record on Friday, July 15th will be paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Wednesday, July 13th.

Several hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its stake in A. Schulman by 4.2% in the fourth quarter. Rhumbline Advisers now owns 40,970 shares of the company’s stock valued at $1,255,000 after buying an additional 1,650 shares during the period. California State Teachers Retirement System boosted its stake in A. Schulman by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 54,278 shares of the company’s stock valued at $1,663,000 after buying an additional 885 shares during the period. Bank of Montreal Can boosted its stake in A. Schulman by 8.8% in the fourth quarter. Bank of Montreal Can now owns 58,045 shares of the company’s stock valued at $1,779,000 after buying an additional 4,675 shares during the period. New York State Common Retirement Fund boosted its stake in A. Schulman by 34.3% in the fourth quarter. New York State Common Retirement Fund now owns 66,923 shares of the company’s stock valued at $2,051,000 after buying an additional 17,092 shares during the period. Finally, California Public Employees Retirement System boosted its stake in A. Schulman by 2.2% in the fourth quarter. California Public Employees Retirement System now owns 95,477 shares of the company’s stock valued at $2,925,000 after buying an additional 2,100 shares during the period.

A. Schulman, Inc is a supplier of plastic formulations, resins and services. The Company’s segments include Europe, Middle East and Africa (EMEA); United States & Canada (USCAN); Latin America (LATAM); Asia Pacific (APAC), and Engineered Composites (EC). The Company operates in six product families: custom performance colors (CPC), engineered composites, masterbatch solutions, engineered plastics, specialty powders and distribution services.

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