A. Schulman, Inc. (SHLM) Just Recorded A Sigfniciant Increase

February 15, 2018 - By Dolores Ford

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.37, from 1.42 in 2017Q2. It turned negative, as 26 investors sold A. Schulman, Inc. shares while 53 reduced holdings. 39 funds opened positions while 44 raised stakes. 22.12 million shares or 7.09% less from 23.81 million shares in 2017Q2 were reported.
Amer Group holds 0% of its portfolio in A. Schulman, Inc. (NASDAQ:SHLM) for 22,734 shares. Moreover, Barclays Public Ltd Co has 0% invested in A. Schulman, Inc. (NASDAQ:SHLM). Tocqueville Asset Management L P owns 41,100 shares. Gabelli Funds Limited Liability Com holds 0.02% or 86,800 shares. Guyasuta Invest Inc invested in 30,815 shares. Credit Suisse Ag stated it has 0% of its portfolio in A. Schulman, Inc. (NASDAQ:SHLM). Jpmorgan Chase And Communication accumulated 105,447 shares. Ameriprise Financial reported 0.01% in A. Schulman, Inc. (NASDAQ:SHLM). Numeric Ltd Liability stated it has 0.04% of its portfolio in A. Schulman, Inc. (NASDAQ:SHLM). Legal & General Grp Public Ltd Com reported 57,901 shares. Ls Inv Advsrs Ltd Liability, a Michigan-based fund reported 1,069 shares. Strs Ohio holds 26,700 shares or 0% of its portfolio. Paloma Prtn Management invested in 7,226 shares. Wolverine Asset Management Ltd Liability Company, Illinois-based fund reported 45,000 shares. Swiss Bancshares invested in 0% or 48,400 shares.

The stock of A. Schulman, Inc. (NASDAQ:SHLM) is a huge mover today! The stock increased 10.22% or $3.95 during the last trading session, reaching $42.6. About 4.13M shares traded or 2249.54% up from the average. A. Schulman, Inc. (NASDAQ:SHLM) has risen 17.55% since February 15, 2017 and is uptrending. It has outperformed by 0.85% the S&P500.
The move comes after 5 months positive chart setup for the $1.25 billion company. It was reported on Feb, 15 by Barchart.com. We have $46.43 PT which if reached, will make NASDAQ:SHLM worth $112.14 million more.

A. Schulman, Inc. (NASDAQ:SHLM) Ratings Coverage

Among 9 analysts covering Schulman A (NASDAQ:SHLM), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Schulman A had 20 analyst reports since August 13, 2015 according to SRatingsIntel. On Thursday, November 17 the stock rating was downgraded by Seaport Global to “Neutral”. SunTrust maintained the stock with “Hold” rating in Wednesday, January 31 report. The stock of A. Schulman, Inc. (NASDAQ:SHLM) earned “Neutral” rating by Northcoast on Friday, October 28. On Tuesday, October 4 the stock rating was upgraded by Gabelli to “Buy”. On Tuesday, September 22 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The company was downgraded on Monday, August 15 by Gabelli. On Tuesday, August 25 the stock rating was downgraded by TheStreet to “Buy”. As per Thursday, August 11, the company rating was downgraded by Longbow. The rating was upgraded by Sidoti on Tuesday, August 18 to “Buy”. The stock of A. Schulman, Inc. (NASDAQ:SHLM) earned “Hold” rating by Seaport Global on Wednesday, January 10.

More notable recent A. Schulman, Inc. (NASDAQ:SHLM) news were published by: Streetinsider.com which released: “LyondellBasell Industries (LYB) to Acquire A. Schulman (SHLM) in $2.25 Billion …” on February 15, 2018, also Marketwatch.com with their article: “LyondellBasell to acquire A. Schulman in deal valued at $2.25 billion” published on February 15, 2018, Nasdaq.com published: “Why A. Schulman’s Stock Is Rising Today” on February 15, 2018. More interesting news about A. Schulman, Inc. (NASDAQ:SHLM) were released by: Businesswire.com and their article: “A. SCHULMAN, INC. COMPANY SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces …” published on February 15, 2018 as well as Reuters.com‘s news article titled: “LyondellBasell doubles plastics business with $1.24 billion Schulman deal” with publication date: February 15, 2018.

A. Schulman, Inc. manufactures and supplies plastic compounds and resins. The company has market cap of $1.25 billion. It offers custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects. It has a 34.08 P/E ratio. The firm also provides engineered composites, such as thermoset bulk, sheet, and thick molding compounds, as well as high performance engineered structural composite solutions for original equipment manufacturers and custom molders.

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