Rayonier Advanced Materials In (RYAM) Shares Declined While Walthausen & Company Increased Its Stake

June 29, 2018 - By Maria Fierro

Rayonier Advanced Materials Inc. (NYSE:RYAM) Corporate Logo

According to 2018Q1 Securities and Exchange form the Walthausen & Company upped its holdings in Rayonier Advanced Materials In (RYAM) by 53.41%. 230,590 shares were bought by Walthausen & Company as the company’s stock declined 8.94% with the market. The major chemicals company reported $14.22 million value for the 2018Q1. Now the institutional investor is holding 662,330 shares, compared to the 431,740 from the previous quarter. Walthausen & Company has cut its stake in Electronics For Imaging Inc (NASDAQ:EFII) and also reduced its holding in Rogers Corp (NYSE:ROG) by 25,730 shares in the quarter, for a total of 94,822 shares.

More recent Rayonier Advanced Materials Inc. (NYSE:RYAM) news were brought out by Globenewswire.com, Investorplace.com and Businesswire.com. The first one has “Consolidated Research: 2018 Summary Expectations for Rayonier Advanced Materials, CYS Investments, Avid …” as a title and was brought out on June 14, 2018. The next is “4 Solid Earnings Yield Stocks for Higher Returns” on June 07, 2018. And last was brought out on June 27, 2018, called “LignoTech Florida Plant Officially Opened”.

Rayonier Advanced Materials Inc. (NYSE:RYAM) Ratings Coverage

Total analysts of 3 have positions in Rayonier Advanced Materials (NYSE:RYAM) as follows: 3 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since January 11, 2018 according to StockzIntelligence Inc Rayonier Advanced Materials has 3 analyst reports. On Thursday, January 11 the rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, May 9 the firm has “Buy” rating by Vertical Research given. On Wednesday, February 21 the stock of Rayonier Advanced Materials Inc. (NYSE:RYAM) earned “Buy” rating by Bank of America.

Rayonier Advanced Materials Inc. (NYSE:RYAM) Analyst Ratings Chart

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