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.

Institutional Ownership by Quarter for A. Schulman (NASDAQ:SHLM)

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