2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP raised its stake in Clearwater Paper Co. ( NYSE:CLW – Free Report ) by 0.7% in the 2nd quarter, according to its most recent filing with the SEC.
The fund owned 1,408,298 shares of the basic materials company’s stock after purchasing an additional 10,074 shares during the period. Dimensional Fund Advisors LP owned 8.44% of Clearwater Paper worth $68,261,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Grizzlyrock Capital LLC bought a new stake in Clearwater Paper during the fourth quarter valued at $4,585,000. Acadian Asset Management LLC grew its position in shares of Clearwater Paper by 14.
2% during the 1st quarter. Acadian Asset Management LLC now owns 157,139 shares of the basic materials company’s stock valued at $6,867,000 after buying an additional 19,590 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in Clearwater Paper by 64.
6% during the first quarter. O Shaughnessy Asset Management LLC now owns 29,252 shares of the basic materials company’s stock worth $1,279,000 after acquiring an additional 11,482 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Clearwater Paper by 780.
5% in the first quarter. Allspring Global Investments Holdings LLC now owns 109,134 shares of the basic materials company’s stock valued at $4,772,000 after acquiring an additional 96,740 shares during the period. Finally, Assenagon Asset Management S.
A. grew its holdings in shares of Clearwater Paper by 24.3% during the second quarter.
Assenagon Asset Management S.A. now owns 219,983 shares of the basic materials company’s stock valued at $10,663,000 after purchasing an additional 42,935 shares during the last quarter.
Institutional investors own 89.98% of the company’s stock. Wall Street Analyst Weigh In A number of research analysts recently issued reports on CLW shares.
StockNews.com lowered Clearwater Paper from a “buy” rating to a “hold” rating in a research report on Thursday, August 8th. Royal Bank of Canada upped their price target on shares of Clearwater Paper from $42.
00 to $48.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. Clearwater Paper Trading Down 0.
4 % Clearwater Paper stock opened at $28.52 on Friday. The company has a quick ratio of 0.
74, a current ratio of 1.73 and a debt-to-equity ratio of 1.73.
The firm has a 50-day moving average price of $36.83 and a two-hundred day moving average price of $43.06.
The firm has a market capitalization of $475.66 million, a price-to-earnings ratio of 4.77 and a beta of 0.
33. Clearwater Paper Co. has a 52-week low of $27.
69 and a 52-week high of $57.13. Clearwater Paper ( NYSE:CLW – Get Free Report ) last posted its earnings results on Tuesday, August 6th.
The basic materials company reported ($0.42) earnings per share (EPS) for the quarter. The firm had revenue of $586.
40 million for the quarter. Clearwater Paper had a net margin of 2.16% and a return on equity of 11.
56%. Clearwater Paper Company 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. See Also Five stocks we like better than Clearwater Paper TSX Venture Exchange (Formerly Canadian Venture Exchange) Can Costco Stock Hit New Highs as Interest Rates Drop? Stock Splits, Do They Really Impact Investors? These 3 Stocks Show How to Navigate Declining Consumer Confidence Are Penny Stocks a Good Fit for Your Portfolio? MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Want 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.
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