ACCO Brands Co. (NYSE:ACCO) has earned a consensus broker rating score of 2.25 (Buy) from the four analysts that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Analysts have set a one year consensus price objective of $15.67 for the company and are expecting that the company will post $0.44 EPS for the current quarter, according to Zacks. Zacks has also given ACCO Brands an industry rank of 35 out of 265 based on the ratings given to related companies.

A number of research analysts have recently weighed in on the company. Zacks Investment Research raised ACCO Brands from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Tuesday, October 31st. SunTrust Banks reaffirmed a “hold” rating and issued a $13.00 price objective on shares of ACCO Brands in a research note on Wednesday, November 1st. Finally, BidaskClub raised ACCO Brands from a “hold” rating to a “buy” rating in a research note on Friday, October 13th.

Large investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC increased its holdings in shares of ACCO Brands by 1,696.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 20,120 shares of the industrial products company’s stock valued at $245,000 after purchasing an additional 19,000 shares during the period. GSA Capital Partners LLP increased its holdings in shares of ACCO Brands by 81.7% in the third quarter. GSA Capital Partners LLP now owns 76,335 shares of the industrial products company’s stock valued at $908,000 after purchasing an additional 34,321 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of ACCO Brands by 6.0% in the third quarter. California Public Employees Retirement System now owns 265,090 shares of the industrial products company’s stock valued at $3,155,000 after purchasing an additional 15,065 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of ACCO Brands by 92.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 12,390 shares of the industrial products company’s stock valued at $147,000 after purchasing an additional 5,938 shares during the last quarter. Finally, Magnetar Financial LLC acquired a new stake in shares of ACCO Brands in the third quarter valued at approximately $200,000. 91.17% of the stock is currently owned by institutional investors and hedge funds.

ACCO Brands (NYSE ACCO) traded up $0.15 on Friday, reaching $12.80. The company’s stock had a trading volume of 378,872 shares, compared to its average volume of 392,749. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.09 and a current ratio of 1.70. The company has a market capitalization of $1,360.00, a P/E ratio of 22.46, a price-to-earnings-growth ratio of 0.96 and a beta of 1.50. ACCO Brands has a twelve month low of $10.35 and a twelve month high of $14.75.

ACCO Brands (NYSE:ACCO) last released its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. ACCO Brands had a return on equity of 15.99% and a net margin of 3.51%. The company had revenue of $532.20 million for the quarter, compared to analysts’ expectations of $529.65 million. During the same period last year, the firm posted $0.29 earnings per share. ACCO Brands’s revenue was up 23.4% compared to the same quarter last year. sell-side analysts predict that ACCO Brands will post 1.15 EPS for the current fiscal year.

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ACCO Brands Company Profile

ACCO Brands Corporation is engaged in designing, marketing and manufacturing of branded business, academic and selected consumer products. The Company operates through three segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. The Company’s brands include Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra and Wilson Jones.

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