Dean Investment Associates LLC held its position in Schweitzer-Mauduit International, Inc. (NYSE:SWM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 180,680 shares of the company’s stock at the close of the second quarter. Schweitzer-Mauduit International comprises about 1.2% of Dean Investment Associates LLC’s holdings, making the stock its 6th largest holding. Dean Investment Associates LLC owned about 0.59% of Schweitzer-Mauduit International worth $7,484,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its holdings in Schweitzer-Mauduit International by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 179,353 shares of the company’s stock valued at $6,678,000 after acquiring an additional 9,319 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Schweitzer-Mauduit International by 7.8% in the second quarter. Wells Fargo & Company MN now owns 951,648 shares of the company’s stock valued at $35,430,000 after acquiring an additional 68,762 shares during the last quarter. Schroder Investment Management Group lifted its holdings in Schweitzer-Mauduit International by 0.7% in the second quarter. Schroder Investment Management Group now owns 808,951 shares of the company’s stock valued at $30,214,000 after acquiring an additional 5,700 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Schweitzer-Mauduit International by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 793,269 shares of the company’s stock valued at $29,533,000 after acquiring an additional 63,553 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Schweitzer-Mauduit International by 3.4% in the second quarter. Principal Financial Group Inc. now owns 250,469 shares of the company’s stock valued at $9,325,000 after acquiring an additional 8,221 shares during the last quarter. Hedge funds and other institutional investors own 85.79% of the company’s stock.

Schweitzer-Mauduit International, Inc. (NYSE SWM) traded up 0.23% on Wednesday, reaching $38.56. The company had a trading volume of 55,907 shares. The stock has a 50 day moving average price of $38.24 and a 200 day moving average price of $39.34. Schweitzer-Mauduit International, Inc. has a 52-week low of $35.31 and a 52-week high of $47.01. The stock has a market capitalization of $1.18 billion, a PE ratio of 16.55 and a beta of 1.21.

Schweitzer-Mauduit International (NYSE:SWM) last announced its earnings results on Wednesday, August 2nd. The company reported $0.88 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.08. Schweitzer-Mauduit International had a net margin of 8.00% and a return on equity of 18.00%. The firm had revenue of $255.30 million for the quarter, compared to analyst estimates of $243.50 million. During the same quarter last year, the business earned $0.93 earnings per share. Schweitzer-Mauduit International’s revenue was up 17.5% compared to the same quarter last year. Analysts expect that Schweitzer-Mauduit International, Inc. will post $3.15 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, August 25th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $1.68 dividend on an annualized basis and a yield of 4.37%. Schweitzer-Mauduit International’s dividend payout ratio (DPR) is currently 72.10%.

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In other news, Director Jeffrey Keenan bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of $38.64 per share, for a total transaction of $386,400.00. Following the completion of the transaction, the director now owns 25,000 shares in the company, valued at $966,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.84% of the stock is currently owned by company insiders.

Schweitzer-Mauduit International Company 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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