California State Teachers Retirement System Sells 5,990 Shares of A. Schulman, Inc. (SHLM)

California State Teachers Retirement System lowered its holdings in A. Schulman, Inc. (NASDAQ:SHLM) by 10.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,614 shares of the basic materials company’s stock after selling 5,990 shares during the period. California State Teachers Retirement System owned approximately 0.17% of A. Schulman worth $1,620,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SHLM. BlackRock Inc. increased its position in shares of A. Schulman by 45,121.7% in the first quarter. BlackRock Inc. now owns 3,588,792 shares of the basic materials company’s stock worth $112,868,000 after acquiring an additional 3,580,856 shares in the last quarter. Royce & Associates LP increased its position in shares of A. Schulman by 77.2% in the second quarter. Royce & Associates LP now owns 559,015 shares of the basic materials company’s stock worth $17,888,000 after acquiring an additional 243,479 shares in the last quarter. Vanguard Group Inc. increased its position in shares of A. Schulman by 8.7% in the second quarter. Vanguard Group Inc. now owns 2,885,838 shares of the basic materials company’s stock worth $92,346,000 after acquiring an additional 231,248 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of A. Schulman by 294.2% in the second quarter. Goldman Sachs Group Inc. now owns 280,629 shares of the basic materials company’s stock worth $8,980,000 after acquiring an additional 209,446 shares in the last quarter. Finally, Deprince Race & Zollo Inc. increased its position in shares of A. Schulman by 16.7% in the second quarter. Deprince Race & Zollo Inc. now owns 1,124,746 shares of the basic materials company’s stock worth $35,992,000 after acquiring an additional 160,832 shares in the last quarter. 79.29% of the stock is owned by institutional investors.



Shares of A. Schulman, Inc. (SHLM) opened at $37.13 on Friday. The firm has a market cap of $1,095.19, a price-to-earnings ratio of 21.21, a P/E/G ratio of 1.83 and a beta of 1.60. 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 current ratio of 1.68, a quick ratio of 1.09 and a debt-to-equity ratio of 4.28.

A. Schulman (NASDAQ:SHLM) last released its quarterly earnings results on Wednesday, October 25th. The basic materials company reported $0.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.07. The business had revenue of $646.65 million during the quarter, compared to analyst estimates of $624.91 million. A. Schulman had a net margin of 1.35% and a return on equity of 31.20%. The business’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $0.47 EPS. equities analysts anticipate that A. Schulman, Inc. will post 2.07 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Tuesday, October 24th were issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend was Monday, October 23rd. A. Schulman’s payout ratio is 94.25%.

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Several equities research analysts have recently issued reports on the stock. TheStreet raised shares of A. Schulman from a “c-” rating to a “b-” rating in a research report on Tuesday, November 7th. ValuEngine lowered shares of A. Schulman from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Zacks Investment Research lowered shares of A. Schulman from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. SunTrust Banks, Inc. reissued a “hold” rating on shares of A. Schulman in a research report on Friday, October 27th. Finally, BidaskClub raised shares of A. Schulman from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. A. Schulman has a consensus rating of “Buy” and an average price target of $39.00.

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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