Aureus Asset Management LLC Invests $331,000 in A. Schulman, Inc. (SHLM) Stock
Aureus Asset Management LLC acquired a new stake in shares of A. Schulman, Inc. (NASDAQ:SHLM) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 9,700 shares of the basic materials company’s stock, valued at approximately $331,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Royce & Associates LP grew its holdings in A. Schulman by 77.2% during the 2nd quarter. Royce & Associates LP now owns 559,015 shares of the basic materials company’s stock valued at $17,888,000 after buying an additional 243,479 shares in the last quarter. Marshall Wace North America L.P. purchased a new stake in A. Schulman during the 2nd quarter valued at approximately $1,633,000. Guyasuta Investment Advisors Inc. grew its holdings in A. Schulman by 13.0% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 34,815 shares of the basic materials company’s stock valued at $1,114,000 after buying an additional 4,000 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in A. Schulman by 38.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,899 shares of the basic materials company’s stock valued at $381,000 after buying an additional 3,323 shares in the last quarter. Finally, Alpha Windward LLC purchased a new stake in A. Schulman during the 3rd quarter valued at approximately $535,000. 79.15% of the stock is owned by institutional investors and hedge funds.
A. Schulman, Inc. (SHLM) opened at $37.30 on Tuesday. A. Schulman, Inc. has a fifty-two week low of $25.00 and a fifty-two week high of $39.85. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09. The firm has a market cap of $1,121.00, a price-to-earnings ratio of 21.71, a P/E/G ratio of 1.87 and a beta of 1.57.
A. Schulman (NASDAQ:SHLM) last posted its earnings results on Wednesday, October 25th. The basic materials company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.07. A. Schulman had a net margin of 1.35% and a return on equity of 31.20%. The firm had revenue of $646.65 million during the quarter, compared to analyst estimates of $624.91 million. During the same period last year, the firm posted $0.47 earnings per share. A. Schulman’s revenue for the quarter was up 7.0% compared to the same quarter last year. research analysts predict that A. Schulman, Inc. will post 2.07 EPS for the current year.
SHLM has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of A. Schulman from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. ValuEngine lowered shares of A. Schulman from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Longbow Research raised shares of A. Schulman from a “neutral” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Friday, August 25th. BidaskClub raised shares of A. Schulman from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Finally, TheStreet raised shares of A. Schulman from a “c-” rating to a “b-” rating in a report on Tuesday, November 7th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $39.00.
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A. Schulman Profile
A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.
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