1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership boosted its stake in Clearwater Paper Co. (NYSE:CLW – Free Report) by 33.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The firm owned 271,056 shares of the basic materials company’s stock after buying an additional 68,558 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 1.64% of Clearwater Paper worth $8,069,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. American Century Companies Inc. increased its position in shares of Clearwater Paper by 7.
3% during the fourth quarter. American Century Companies Inc. now owns 637,108 shares of the basic materials company’s stock valued at $18,967,000 after acquiring an additional 43,604 shares during the last quarter.
Peregrine Capital Management LLC acquired a new stake in Clearwater Paper in the 4th quarter valued at approximately $4,328,000. Wedge Capital Management L L P NC raised its position in Clearwater Paper by 14.7% in the fourth quarter.
Wedge Capital Management L L P NC now owns 141,130 shares of the basic materials company’s stock valued at $4,201,000 after purchasing an additional 18,139 shares during the period. Empowered Funds LLC lifted its stake in Clearwater Paper by 5.1% during the fourth quarter.
Empowered Funds LLC now owns 111,947 shares of the basic materials company’s stock worth $3,333,000 after purchasing an additional 5,428 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Clearwater Paper by 118.
5% during the fourth quarter. JPMorgan Chase & Co. now owns 85,950 shares of the basic materials company’s stock worth $2,559,000 after buying an additional 46,611 shares during the period.
Institutional investors and hedge funds own 89.98% of the company’s stock. Insider Transactions at Clearwater PaperIn other news, SVP Kari G.
Moyes sold 1,132 shares of Clearwater Paper stock in a transaction on Monday, March 17th. The shares were sold at an average price of $23.98, for a total transaction of $27,145.
36. Following the completion of the sale, the senior vice president now directly owns 81,439 shares of the company’s stock, valued at approximately $1,952,907.22.
The trade was a 1.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Corporate insiders own 2.30% of the company’s stock. Clearwater Paper Stock PerformanceShares of CLW stock opened at $24.
80 on Monday. Clearwater Paper Co. has a 52 week low of $22.
58 and a 52 week high of $57.13. The firm has a 50 day moving average of $27.
11 and a two-hundred day moving average of $27.62. The company has a quick ratio of 0.
90, a current ratio of 1.70 and a debt-to-equity ratio of 0.33.
The stock has a market capitalization of $402.75 million, a PE ratio of 2.11 and a beta of 0.
22. Clearwater Paper (NYSE:CLW – Get Free Report) last released its earnings results on Thursday, February 13th. The basic materials company reported ($1.
17) EPS for the quarter, missing the consensus estimate of ($0.33) by ($0.84).
Clearwater Paper had a negative return on equity of 1.87% and a net margin of 10.54%.
Analyst Ratings ChangesSeveral equities research analysts recently issued reports on the company. StockNews.com upgraded Clearwater Paper from a “sell” rating to a “hold” rating in a report on Monday, February 17th.
Royal Bank of Canada reissued an “outperform” rating and set a $37.00 price target on shares of Clearwater Paper in a research report on Tuesday, February 18th.Check Out Our Latest Research Report on Clearwater PaperClearwater Paper Profile (Free Report)Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally.
It operates through Pulp and Paperboard, and Consumer Products segments. The Pulp and Paperboard segment manufactures and markets bleached paperboard; Solid Bleached Sulfate paperboard that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, and top sheet and commercial printing items; and hardwood and softwood pulp, as well as offers services that include custom sheeting, slitting, and cutting.Read MoreFive stocks we like better than Clearwater PaperWhy is the Ex-Dividend Date Significant to Investors?Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Using the MarketBeat Dividend Tax CalculatorDisney 2025 Shareholders: Major Updates for InvestorsComparing and Trading High PE Ratio StocksAdvance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding CLW? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Clearwater Paper Co. (NYSE:CLW – Free Report)..
