6 days Ago By ABMN Staff
Legal & General Group Plc decreased its position in shares of Clearwater Paper Co. ( NYSE:CLW – Free Report ) by 61.5% in the fourth quarter, Holdings Channel reports.
The fund owned 18,317 shares of the basic materials company’s stock after selling 29,214 shares during the period. Legal & General Group Plc’s holdings in Clearwater Paper were worth $545,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds also recently bought and sold shares of the company.
Barclays PLC boosted its holdings in Clearwater Paper by 339.6% in the 3rd quarter. Barclays PLC now owns 27,139 shares of the basic materials company’s stock valued at $774,000 after purchasing an additional 20,966 shares during the period.
American Century Companies Inc. lifted its stake in shares of Clearwater Paper by 7.3% in 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 buying an additional 43,604 shares during the period. Wedge Capital Management L L P NC grew its position in Clearwater Paper by 14.
7% during the fourth quarter. Wedge Capital Management L L P NC now owns 141,130 shares of the basic materials company’s stock worth $4,201,000 after buying an additional 18,139 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Clearwater Paper during the fourth quarter valued at about $378,000.
Finally, D.A. Davidson & CO.
raised its holdings in Clearwater Paper by 10.1% in the 4th quarter. D.
A. Davidson & CO. now owns 8,700 shares of the basic materials company’s stock valued at $259,000 after acquiring an additional 800 shares in the last quarter.
89.98% of the stock is currently owned by institutional investors. Insider Buying and Selling In other Clearwater Paper news, SVP Kari G.
Moyes sold 1,132 shares of the company’s 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 owns 81,439 shares in the company, valued at approximately $1,952,907.22.
The trade was a 1.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Corporate insiders own 3.55% of the company’s stock. Analysts Set New Price Targets Read Our Latest Analysis on Clearwater Paper Clearwater Paper Price Performance Shares of Clearwater Paper stock opened at $24.
43 on Tuesday. Clearwater Paper Co. has a 1-year low of $22.
58 and a 1-year high of $57.13. The firm’s 50-day moving average price is $24.
99 and its two-hundred day moving average price is $27.18. The company has a current ratio of 1.
70, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33.
The stock has a market capitalization of $396.74 million, a price-to-earnings ratio of 2.08 and a beta of 0.
22. Clearwater Paper ( NYSE:CLW – Get Free Report ) last issued its quarterly earnings data on Thursday, February 13th. The basic materials company reported ($1.
17) EPS for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.84).
Clearwater Paper had a negative return on equity of 1.87% and a net margin of 10.54%.
Clearwater 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.
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