Sanctuary Advisors LLC Has $79,000 Stock Position in ACCO Brands Co. (NYSE:ACCO)

Sanctuary Advisors LLC decreased its position in ACCO Brands Co. (NYSE:ACCO - Free Report) by 85.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,823 shares of the industrial products company's stock after selling 83,823 shares during the quarter. Sanctuary Advisors LLC's holdings in ACCO Brands were worth $79,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ACCO. Allspring Global Investments Holdings LLC raised its stake in ACCO Brands by 1.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,120,891 shares of the industrial products company's stock worth $31,767,000 after purchasing an additional 97,086 shares in the last quarter. Wellington Management Group LLP raised its position in shares of ACCO Brands by 1.7% in the third quarter. Wellington Management Group LLP now owns 4,776,716 shares of the industrial products company's stock valued at $26,129,000 after buying an additional 81,990 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of ACCO Brands by 2.5% in the third quarter. Geode Capital Management LLC now owns 2,166,912 shares of the industrial products company's stock valued at $11,855,000 after buying an additional 53,490 shares during the period. Foundry Partners LLC grew its position in ACCO Brands by 15.7% during the third quarter. Foundry Partners LLC now owns 765,851 shares of the industrial products company's stock worth $4,189,000 after buying an additional 104,160 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in ACCO Brands by 135.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 577,039 shares of the industrial products company's stock worth $3,029,000 after buying an additional 331,537 shares in the last quarter. Institutional investors own 84.56% of the company's stock.

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ACCO Brands Price Performance

NYSE:ACCO traded up $0.12 during mid-day trading on Monday, reaching $4.83. The stock had a trading volume of 1,203,861 shares, compared to its average volume of 628,905. ACCO Brands Co. has a 12 month low of $4.30 and a 12 month high of $6.44. The stock has a market capitalization of $448.15 million, a PE ratio of -4.55, a P/E/G ratio of 0.37 and a beta of 1.74. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.60 and a quick ratio of 0.94. The stock has a 50-day simple moving average of $5.08 and a two-hundred day simple moving average of $5.35.

ACCO Brands (NYSE:ACCO - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The industrial products company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.40 by ($0.01). The business had revenue of $448.10 million for the quarter, compared to analyst estimates of $455.06 million. ACCO Brands had a positive return on equity of 14.96% and a negative net margin of 6.10%. On average, equities analysts anticipate that ACCO Brands Co. will post 1.02 earnings per share for the current year.

ACCO Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 6.22%. The ex-dividend date of this dividend is Friday, March 14th. ACCO Brands's dividend payout ratio (DPR) is -28.30%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. StockNews.com downgraded ACCO Brands from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Barrington Research cut their price objective on shares of ACCO Brands from $7.50 to $7.00 and set an "outperform" rating for the company in a research report on Tuesday, February 25th.

ACCO Brands Profile

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, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.