June 12, 2024

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Dupont Capital Management Corp Acquires New Shares in ACCO Brands Co. (NYSE:ACCO)


Dupont Capital Management Corp acquired a new stake in ACCO Makes Co. (NYSE:ACCOGet Score) in the very first quarter, HoldingsChannel.com reviews. The institutional trader obtained 22,310 shares of the industrial items company’s stock, valued at somewhere around $178,000.

Other massive traders have also made improvements to their positions in the organization. Counterpoint Mutual Money LLC acquired a new stake in shares of ACCO Manufacturers in the 4th quarter valued at $25,000. Econ Monetary Expert services Corp purchased a new stake in shares of ACCO Brand names in the 4th quarter valued at $46,000. Ritholtz Prosperity Management acquired a new place in ACCO Makes in the 1st quarter value $80,000. Advisor Team Holdings Inc. boosted its stake in ACCO Brand names by 55.8% in the 4th quarter. Advisor Team Holdings Inc. now owns 9,848 shares of the industrial goods company’s stock really worth $81,000 right after buying an extra 3,526 shares for the duration of the period of time. At last, DGS Capital Management LLC obtained a new placement in ACCO Brand names in the 4th quarter value $122,000. Institutional buyers own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Many equities analysis analysts recently issued studies on ACCO shares. TheStreet downgraded shares of ACCO Makes from a “b” score to a “c+” score in a investigation take note on Wednesday, April 27th. StockNews.com reduce shares of ACCO Brand names from a “buy” rating to a “hold” score in a report on Friday, April 29th.

ACCO Makes Inventory Up 1.7 %

Shares of ACCO opened at $6.74 on Tuesday. ACCO Manufacturers Co. has a 12 month very low of $6.36 and a 12 thirty day period higher of $9.76. The firm’s 50 working day going typical is $6.94 and its 200-day going normal is $7.69. The stock has a sector capitalization of $653.69 million, a PE ratio of 5.48 and a beta of 1.87. The enterprise has a present-day ratio of 1.68, a speedy ratio of .85 and a debt-to-equity ratio of 1.26.

ACCO Models (NYSE:ACCOGet Rating) previous announced its earnings effects on Tuesday, April 26th. The industrial products and solutions organization documented $.11 EPS for the quarter, topping the consensus estimate of $.09 by $.02. ACCO Brands experienced a internet margin of 5.82% and a return on equity of 16.57%. The firm had revenue of $441.60 million for the quarter, as opposed to analysts’ expectations of $420.45 million. During the exact same time period previous year, the business earned $.10 earnings for each share. Equities investigate analysts forecast that ACCO Manufacturers Co. will post 1.58 EPS for the current 12 months.

ACCO Models Dividend Announcement

The business also just lately announced a quarterly dividend, which was compensated on Wednesday, June 22nd. Stockholders of file on Friday, Might 27th were issued a dividend of $.075 for every share. The ex-dividend date of this dividend was Thursday, May possibly 26th. This signifies a $.30 annualized dividend and a dividend produce of 4.45%. ACCO Brands’s dividend payout ratio is presently 24.39%.

ACCO Manufacturers Profile

(Get Score)

ACCO Makes Company patterns, manufactures, and markets shopper, university, technologies, and workplace products. It operates by way of a few segments: ACCO Brand names North The us, ACCO Models EMEA, and ACCO Makes Worldwide. The business supplies computer system and gaming extras, calendars, planners, dry erase boards, school notebooks, and janitorial provides storage and business products and solutions, these types of as lever-arch binders, sheet protectors, and indexes laminating, binding, and shredding equipment writing instruments and artwork products and solutions stapling and punching products and do-it-your self instruments.

See Also

Want to see what other hedge money are keeping ACCO? Go to HoldingsChannel.com to get the latest 13F filings and insider trades for ACCO Models Co. (NYSE:ACCOGet Score).

Institutional Ownership by Quarter for ACCO Brands (NYSE:ACCO)

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