1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC boosted its stake in shares of Sylvamo Co. (NYSE:SLVM – Free Report) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 10,313 shares of the company’s stock after acquiring an additional 1,267 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Sylvamo were worth $815,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently made changes to their positions in SLVM.
Smartleaf Asset Management LLC lifted its holdings in Sylvamo by 182.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 624 shares of the company’s stock valued at $49,000 after purchasing an additional 403 shares during the last quarter.
GAMMA Investing LLC increased its holdings in shares of Sylvamo by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 662 shares of the company’s stock worth $52,000 after buying an additional 201 shares in the last quarter.
Fifth Third Bancorp raised its stake in shares of Sylvamo by 40.9% in the fourth quarter. Fifth Third Bancorp now owns 737 shares of the company’s stock valued at $58,000 after acquiring an additional 214 shares during the last quarter.
LRI Investments LLC boosted its holdings in shares of Sylvamo by 4,825.0% in the 3rd quarter. LRI Investments LLC now owns 788 shares of the company’s stock worth $66,000 after acquiring an additional 772 shares in the last quarter.
Finally, Wilmington Savings Fund Society FSB bought a new stake in Sylvamo during the 3rd quarter worth approximately $82,000. 91.16% of the stock is owned by institutional investors.
Insiders Place Their BetsIn other Sylvamo news, CEO Jeanmichel Ribieras sold 21,250 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $65.14, for a total transaction of $1,384,225.
00. Following the transaction, the chief executive officer now owns 131,894 shares in the company, valued at approximately $8,591,575.16.
This trade represents a 13.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Company insiders own 0.75% of the company’s stock. Wall Street Analyst Weigh InA number of equities analysts have commented on the company.
Royal Bank of Canada reduced their price objective on Sylvamo from $83.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 13th.
Bank of America reissued an “underperform” rating and set a $96.00 price objective on shares of Sylvamo in a report on Wednesday, December 11th.Get Our Latest Stock Analysis on SylvamoSylvamo Stock Down 5.
4 %NYSE SLVM opened at $59.08 on Monday. The stock has a market capitalization of $2.
40 billion, a P/E ratio of 8.19, a price-to-earnings-growth ratio of 2.23 and a beta of 1.
17. Sylvamo Co. has a 52 week low of $56.
35 and a 52 week high of $98.02. The company has a debt-to-equity ratio of 0.
92, a quick ratio of 1.03 and a current ratio of 1.56.
The stock has a fifty day moving average of $70.28 and a 200-day moving average of $79.61.
Sylvamo (NYSE:SLVM – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.
84 by $0.10. Sylvamo had a return on equity of 34.
72% and a net margin of 7.96%. On average, equities research analysts forecast that Sylvamo Co.
will post 7.45 EPS for the current year. Sylvamo Announces DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th.
Shareholders of record on Tuesday, April 8th will be paid a $0.45 dividend. The ex-dividend date is Tuesday, April 8th.
This represents a $1.80 dividend on an annualized basis and a yield of 3.05%.
Sylvamo’s payout ratio is presently 24.97%. Sylvamo Company Profile (Free Report)Sylvamo Corporation produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Latin America, Europe, and North America.
The company operates through Europe, Latin America, and North America segments. The Europe segment offers copy, tinted, and colored laser printing paper under REY Adagio and Pro-Design brands; and graphic and high-speed inkjet printing papers under the brand Jetstar; as well as produces uncoated freesheet papers.Read MoreFive stocks we like better than SylvamoUsing the MarketBeat Dividend Tax CalculatorNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?How to Profit From Value Investing Disney 2025 Shareholders: Major Updates for InvestorsWhy Invest in High-Yield Dividend Stocks?Advance Auto Parts Stock: A Classic Rebound Play in the Making.
