1 week Ago By Defense World Staff
Corebridge Financial Inc. lessened its holdings in shares of Mativ Holdings, Inc. ( NYSE:MATV – Free Report ) by 7.
2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,754 shares of the company’s stock after selling 2,245 shares during the period. Corebridge Financial Inc.
owned 0.05% of Mativ worth $313,000 as of its most recent filing with the SEC. Other institutional investors also recently modified their holdings of the company.
KBC Group NV lifted its holdings in Mativ by 93.2% during the 4th quarter. KBC Group NV now owns 4,787 shares of the company’s stock worth $52,000 after buying an additional 2,309 shares during the period.
Quantbot Technologies LP acquired a new position in shares of Mativ in the fourth quarter worth approximately $122,000. FMR LLC boosted its holdings in Mativ by 113.3% in the third quarter.
FMR LLC now owns 7,716 shares of the company’s stock valued at $131,000 after acquiring an additional 4,098 shares during the last quarter. AlphaQuest LLC increased its position in Mativ by 20,544.8% during the 4th quarter.
AlphaQuest LLC now owns 11,974 shares of the company’s stock valued at $131,000 after purchasing an additional 11,916 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Mativ during the 4th quarter worth approximately $210,000.
Institutional investors own 94.95% of the company’s stock. Wall Street Analyst Weigh In Separately, Stifel Nicolaus raised shares of Mativ from a “hold” rating to a “buy” rating and reduced their price objective for the company from $15.
50 to $10.00 in a research note on Monday, March 24th. Mativ Stock Performance Shares of Mativ stock opened at $4.
76 on Friday. The business has a 50-day moving average price of $6.89 and a two-hundred day moving average price of $10.
88. Mativ Holdings, Inc. has a 1-year low of $4.
34 and a 1-year high of $19.96. The company has a current ratio of 2.
40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.28.
The company has a market cap of $259.23 million, a P/E ratio of -5.28, a PEG ratio of 1.
08 and a beta of 0.68. Mativ ( NYSE:MATV – Get Free Report ) last released its earnings results on Wednesday, February 19th.
The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.
17). Mativ had a positive return on equity of 3.86% and a negative net margin of 2.
46%. The business had revenue of $458.60 million for the quarter, compared to analyst estimates of $472.
70 million. As a group, analysts anticipate that Mativ Holdings, Inc. will post 1.
15 EPS for the current year. Mativ Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.
10 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.
40 annualized dividend and a dividend yield of 8.41%. Mativ’s dividend payout ratio is currently -44.
44%. Mativ Company Profile ( Free Report ) Mativ Holdings, Inc, together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions.
The Advanced Technical Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for the filtration, protective solutions, release liners, and healthcare end-markets. See Also Five stocks we like better than Mativ ESG Stocks, What Investors Should Know Joby Aviation: Operational Momentum vs. Market Sentiment 3 Fintech Stocks With Good 2021 Prospects Broadcom’s Big Outperformance Shows Strength Amid Tariff Decline Top Biotech Stocks: Exploring Innovation Opportunities Carvana: Can Turnaround Strength Outdrive Market Headwinds? Receive News & Ratings for Mativ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mativ and related companies with MarketBeat.
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