A. Schulman, Inc. (NASDAQ:SHLM) is expected to pay $0.21 on Nov 4, 2016. The indicated annual dividend is $0.82. Shareholders owning the stock before Oct 20, 2016 will be eligible to receive the payout. Based on A. Schulman, Inc.’s current price of $27.90, the dividend is 0.73%. This dividend’s record date is Oct 24, 2016 and the announcement date is Oct 17, 2016. The stock closed at $27.9 during the last session. It is down 11.51% since March 16, 2016 and is uptrending. It has outperformed by 5.97% the S&P500.
A. Schulman, Inc. is a supplier of plastic formulations, resins and services. The company has a market cap of $820.79 million. The Company’s divisions include Europe, Middle East and Africa ; United States & Canada (USCAN); Latin America (LATAM); Asia Pacific (APAC), and Engineered Composites (EC). It has a 19.5 P/E ratio. The Firm operates in six product families: custom performance colors (CPC), engineered composites, masterbatch solutions, engineered plastics, specialty powders and distribution services.
Insitutional Activity: The institutional sentiment increased to 1.62 in 2016 Q2. Its up 0.15, from 1.47 in 2016Q1. The ratio is positive, as 16 funds sold all A Schulman Inc shares owned while 36 reduced positions. 29 funds bought stakes while 55 increased positions. They now own 25.50 million shares or 4.16% less from 26.60 million shares in 2016Q1.
Connor Clark & Lunn Investment Mngmt Ltd accumulated 0% or 14,900 shares. Wells Fargo & Com Mn has 815,400 shares for 0.01% of their US portfolio. Panagora Asset Mngmt has invested 0% of its portfolio in A Schulman Inc (NASDAQ:SHLM). State Of Tennessee Treasury Department has 0% invested in the company for 23,350 shares. Pub Sector Pension Investment Board has 0.01% invested in the company for 20,114 shares. Hutchin Hill Cap L P holds 34,300 shares or 0.03% of its portfolio. Citigroup accumulated 0% or 16,037 shares. Louisiana State Employees Retirement accumulated 0.02% or 12,900 shares. Ameriprise Fincl last reported 158,424 shares in the company. Credit Suisse Ag accumulated 40,353 shares or 0% of the stock. Lombardia Partners Limited Liability Corp has invested 0.04% of its portfolio in A Schulman Inc (NASDAQ:SHLM). Commercial Bank Of America De accumulated 356,227 shares or 0% of the stock. Bluecrest Cap Mgmt has 25,119 shares for 0.03% of their US portfolio. Franklin Res Incorporated has invested 0% of its portfolio in A Schulman Inc (NASDAQ:SHLM). Guggenheim Ltd Liability Corp holds 0.01% or 88,100 shares in its portfolio.
Insider Transactions: Since July 6, 2016, the stock had 2 insider purchases, and 1 sale for $1.67 million net activity. 25,000 shares were bought by MITAROTONDA JAMES A, worth $609,593. Shares for $37,545 were sold by Mishic Patricia M. on Wednesday, July 6.
A Schulman Inc (NASDAQ:SHLM) Ratings Coverage
Out of 7 analysts covering Schulman A (NASDAQ:SHLM), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. $47 is the highest target while $36 is the lowest. The $42 average target is 50.54% above today’s ($27.9) stock price. Schulman A has been the topic of 13 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, October 4 by Gabelli. Northcoast upgraded A Schulman Inc (NASDAQ:SHLM) on Friday, August 26 to “Buy” rating. The firm has “Buy” rating given on Tuesday, August 25 by TheStreet. Zacks upgraded A Schulman Inc (NASDAQ:SHLM) on Tuesday, September 22 to “Hold” rating. Global Hunter Securities upgraded the stock to “Accumulate” rating in Thursday, August 13 report. The firm earned “Neutral” rating on Thursday, August 11 by Longbow. Longbow upgraded the shares of SHLM in a report on Wednesday, January 6 to “Buy” rating. On Monday, March 14 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The company was upgraded on Tuesday, August 18 by Sidoti. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Tuesday, September 22.
More notable recent A Schulman Inc (NASDAQ:SHLM) news were published by: Crainscleveland.com which released: “A. Schulman Inc. discloses financial terms of separation agreement with its …” on October 18, 2016, also Crainscleveland.com with their article: “A. Schulman Inc. names chief operating officer” published on August 22, 2016, Crainscleveland.com published: “A. Schulman Inc. announces another top-level change by naming new chief …” on October 03, 2016. More interesting news about A Schulman Inc (NASDAQ:SHLM) were released by: Fool.com and their article: “Why Shares of A. Schulman Inc. Plunged 35% Today” published on August 11, 2016 as well as Prnewswire.com‘s news article titled: “A. Schulman to Webcast Fiscal 2016 Fourth-Quarter Earnings Conference Call” with publication date: October 11, 2016.
SHLM Company Profile
A. Schulman, Inc., incorporated on August 20, 1969, is a supplier of plastic formulations, resins, and services. The Company’s divisions include Europe, Middle East and Africa (EMEA); United States & Canada (USCAN); Latin America (LATAM); Asia Pacific (APAC), and Engineered Composites (EC). The Firm operates in six product families: custom performance colors (CPC), engineered composites, masterbatch solutions, engineered plastics, specialty powders and distribution services.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.