Robeco Institutional Asset Management B.V. Has $1.54 Million Stock Holdings in ACCO Brands Co. (NYSE:ACCO)

Robeco Institutional Asset Management B.V. increased its holdings in shares of ACCO Brands Co. (NYSE:ACCO – Get Rating) by 7.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 192,005 shares of the industrial products company’s stock after acquiring an additional 12,663 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in ACCO Brands were worth $1,536,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Secure Asset Management LLC boosted its position in ACCO Brands by 11.2% during the 4th quarter. Secure Asset Management LLC now owns 16,690 shares of the industrial products company’s stock worth $138,000 after buying an additional 1,684 shares during the period. Counterpoint Mutual Funds LLC acquired a new stake in ACCO Brands during the 4th quarter worth approximately $25,000. Oppenheimer & Co. Inc. lifted its position in shares of ACCO Brands by 14.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 27,368 shares of the industrial products company’s stock worth $226,000 after purchasing an additional 3,420 shares during the period. Teacher Retirement System of Texas lifted its position in shares of ACCO Brands by 22.5% in the 4th quarter. Teacher Retirement System of Texas now owns 18,654 shares of the industrial products company’s stock worth $154,000 after purchasing an additional 3,430 shares during the period. Finally, Advisor Group Holdings Inc. lifted its position in shares of ACCO Brands by 55.8% in the 4th quarter. Advisor Group Holdings Inc. now owns 9,848 shares of the industrial products company’s stock worth $81,000 after purchasing an additional 3,526 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

A number of research analysts have recently issued reports on the stock. TheStreet downgraded shares of ACCO Brands from a “b” rating to a “c+” rating in a research report on Wednesday, April 27th. StockNews.com downgraded shares of ACCO Brands from a “buy” rating to a “hold” rating in a research report on Friday, April 29th.

NYSE:ACCO opened at $6.49 on Friday. The company has a fifty day moving average of $6.95 and a 200-day moving average of $7.72. The firm has a market capitalization of $629.44 million, a P/E ratio of 5.28 and a beta of 1.87. The company has a quick ratio of 0.85, a current ratio of 1.68 and a debt-to-equity ratio of 1.26. ACCO Brands Co. has a twelve month low of $6.36 and a twelve month high of $9.76.

ACCO Brands (NYSE:ACCO – Get Rating) last released its quarterly earnings data on Tuesday, April 26th. The industrial products company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $441.60 million during the quarter, compared to analyst estimates of $420.45 million. ACCO Brands had a net margin of 5.82% and a return on equity of 16.57%. During the same quarter in the previous year, the business posted $0.10 EPS. On average, analysts anticipate that ACCO Brands Co. will post 1.58 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Friday, May 27th were paid a $0.075 dividend. The ex-dividend date of this dividend was Thursday, May 26th. This represents a $0.30 annualized dividend and a dividend yield of 4.62%. ACCO Brands’s dividend payout ratio is currently 24.39%.

ACCO Brands Profile (Get Rating)

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, calendars, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.

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