Rayonier Advanced Materials Inc

Barsaba Taglieri
Luglio 25, 2017

According to Zacks, "Rayonier Advanced Materials Inc. operates as a global supplier of cellulose specialties products, a natural polymer for the chemical industry". The firm owned 17,512 shares of the basic materials company's stock after selling 141,893 shares during the period.

Rayonier Advanced Materials Inc.is engaged in the production of cellulose specialties. Norges Bank acquired a new stake in shares of Rayonier Advanced Materials during the fourth quarter worth approximately $18,114,000. They expect $0.28 earnings per share, down 39.13 % or $0.18 from last year's $0.46 per share. Ngam Advisors L.P. now owns 28,448 shares of the basic materials company's stock valued at $383,000 after buying an additional 566 shares during the last quarter.

The company is trading up from yesterday's close of $14.6. Gotham Asset Management LLC's holdings in Rayonier Advanced Materials were worth $236,000 at the end of the most recent quarter.

About 1.53M shares traded or 160.14% up from the average. Rayonier Advanced Materials Inc has $2000 highest and $8 lowest target. (RYAM) opened at 15.92 on Tuesday. The company has a market capitalization of $659.55 million, a PE ratio of 12.24 and a beta of 4.32. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.02. The stock's 50 day moving average is $15.78 and its 200 day moving average is $14.25. RBC Capital Markets upgraded the stock to "Outperform" rating in Monday, February 27 report. Vanguard Group Inc. increased its stake in shares of Rayonier Advanced Materials by 6.3% in the first quarter. The business had revenue of $201 million for the quarter, compared to the consensus estimate of $200.28 million. Rayonier Advanced Materials had a return on equity of 37.41% and a net margin of 7.27%.

WARNING: "Rayonier Advanced Materials Inc". During the same quarter in the prior year, the firm posted $0.36 EPS.

08/09/2016 - Rayonier Adv. Materials had its "buy" rating reiterated by analysts at D.A. Davidson.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.76%. The ex-dividend date will be on Wednesday June 14th, 2017. Rayonier Advanced Materials's dividend payout ratio is now 22.76%. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in Rayonier Advanced Materials by 75.0% in the first quarter. "(RYAM) PT at $18.40" was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another site, it was copied illegally and republished in violation of United States & worldwide copyright & trademark law. Rayonier Advanced Materials Inc. A number of equities analysts have issued reports on the stock. Zacks Investment Research raised Rayonier Advanced Materials from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 5th. RBC Capital Markets maintained Rayonier Advanced Materials Inc (NYSE:RYAM) rating on Tuesday, May 30.

Research analysts at the Vertical Research equities division upped shares of Rayonier Advanced (NYSE:RYAM) from a Hold to a Buy on Monday, 24 July. Finally, Bank of America Corporation upgraded shares of Rayonier Advanced Materials from a "neutral" rating to a "buy" rating and set a $20.00 price target on the stock in a research report on Friday, May 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock now has a consensus rating of "Hold" and a consensus target price of $18.17. Rayonier Advanced Matls Inc now has $675.59M valuation. The Company focuses on producing various forms of cellulose specialties products, such as cellulose acetate and cellulose ethers.

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