Cozad Asset Management Inc. Has $3.48 Million Stock Holdings in RPM International Inc. (NYSE:RPM)

Cozad Asset Management Inc. decreased its position in shares of RPM International Inc. (NYSE:RPM) by 4.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 31,198 shares of the specialty chemicals company’s stock after selling 1,336 shares during the quarter. Cozad Asset Management Inc.’s holdings in RPM International were worth $3,483,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its stake in shares of RPM International by 1,735.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 514 shares of the specialty chemicals company’s stock valued at $49,000 after purchasing an additional 486 shares during the period. Covestor Ltd raised its stake in RPM International by 274.8% during the 3rd quarter. Covestor Ltd now owns 566 shares of the specialty chemicals company’s stock worth $54,000 after buying an additional 415 shares during the period. GAMMA Investing LLC acquired a new stake in RPM International during the 4th quarter worth $75,000. WASHINGTON TRUST Co raised its stake in RPM International by 11.2% during the 4th quarter. WASHINGTON TRUST Co now owns 1,062 shares of the specialty chemicals company’s stock worth $119,000 after buying an additional 107 shares during the period. Finally, Arlington Partners LLC raised its stake in RPM International by 37.2% during the 3rd quarter. Arlington Partners LLC now owns 1,583 shares of the specialty chemicals company’s stock worth $150,000 after buying an additional 429 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Stock Performance

NYSE:RPM traded down $1.09 during mid-day trading on Tuesday, hitting $107.49. The stock had a trading volume of 120,685 shares, compared to its average volume of 605,570. RPM International Inc. has a twelve month low of $78.52 and a twelve month high of $120.74. The stock has a market cap of $13.84 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 1.69 and a beta of 1.04. The company’s 50 day simple moving average is $113.66 and its 200 day simple moving average is $107.40. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.39 and a current ratio of 2.29.

RPM International (NYSE:RPM) last issued its quarterly earnings data on Thursday, April 4th. The specialty chemicals company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.04. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.52 billion. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. On average, equities research analysts forecast that RPM International Inc. will post 4.94 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, April 18th. This represents a $1.84 annualized dividend and a yield of 1.71%. RPM International’s dividend payout ratio (DPR) is presently 42.40%.

Insiders Place Their Bets

In other RPM International news, Director Frederick R. Nance sold 1,835 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $109.05, for a total transaction of $200,106.75. Following the completion of the sale, the director now directly owns 8,180 shares in the company, valued at $892,029. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Frederick R. Nance sold 1,835 shares of RPM International stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $109.05, for a total value of $200,106.75. Following the completion of the sale, the director now directly owns 8,180 shares in the company, valued at $892,029. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Matthew T. Ratajczak sold 6,000 shares of RPM International stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $109.63, for a total transaction of $657,780.00. Following the completion of the sale, the vice president now owns 23,451 shares of the company’s stock, valued at $2,570,933.13. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on RPM. BMO Capital Markets dropped their price objective on RPM International from $127.00 to $123.00 and set an “outperform” rating on the stock in a research note on Friday, April 5th. Mizuho increased their target price on RPM International from $128.00 to $136.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Robert W. Baird increased their target price on RPM International from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Finally, UBS Group increased their target price on RPM International from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.11.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.