Walthausen & Company Increased Its Stake in Rayonier Advanced Materials In (RYAM) by $4.84 Million

June 29, 2018 - By Ricky Cave

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

The stake In Rayonier Advanced Materials In (RYAM) was rose held by Walthausen & Company. According to 2018Q1 SEC form the reduction is 53.41%. The company’s stock sank 8.94% while Walthausen & Company bought 230,590 shares. The major chemicals company announced $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. For a total of 115,410 shares it reduced its holding in Casella Waste Systems Inc (NASDAQ:CWST) by 546,940 shares in the quarter, and has cut its stake in Electronics For Imaging Inc (NASDAQ:EFII).

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

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

A total of 3 analysts rate Rayonier Advanced Materials (NYSE:RYAM) as follows: 3 “Buy”, 0 “Hold” and 0 “Sell”. Š¢herefore 100% are bullish. (NYSE:RYAM) has 3 ratings reports on 29 Jun 2018 according to StockzIntelligence. In Thursday, January 11 report RBC Capital Markets maintained it with “Buy” rating and $24.0 target. On Wednesday, February 21 the rating was maintained by Bank of America with “Buy”. The stock rating was upgraded by Vertical Research to “Buy” on Wednesday, May 9.

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

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