Range Financial Group LLC bought a new position in Veritiv Co. (NYSE:VRTV – Get Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,141 shares of the basic materials company’s stock, valued at approximately $954,000.
Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. lifted its holdings in shares of Veritiv by 1,106.1% during the 1st quarter. First Horizon Advisors Inc. now owns 398 shares of the basic materials company’s stock valued at $53,000 after buying an additional 365 shares during the last quarter. US Bancorp DE lifted its stake in Veritiv by 1,390.0% in the first quarter. US Bancorp DE now owns 447 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 417 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new stake in Veritiv in the first quarter worth approximately $65,000. Carolinas Wealth Consulting LLC bought a new stake in Veritiv in the first quarter worth approximately $67,000. Finally, Point72 Hong Kong Ltd acquired a new position in shares of Veritiv during the 4th quarter worth $71,000. Hedge funds and other institutional investors own 96.34% of the company’s stock.
Veritiv Stock Down 4.1 %
VRTV stock opened at $117.59 on Wednesday. The firm has a market cap of $1.64 billion, a PE ratio of 6.74, a PEG ratio of 0.33 and a beta of 2.11. Veritiv Co. has a 1 year low of $79.95 and a 1 year high of $161.10. The company has a fifty day simple moving average of $122.72 and a 200 day simple moving average of $128.75. The company has a current ratio of 2.01, a quick ratio of 1.46 and a debt-to-equity ratio of 0.58.
Veritiv Company Profile
Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States and internationally. The company operates through four segments: Packaging, Facility Solutions, Print, and Publishing and Print Management (Publishing).
- Get a free copy of the StockNews.com research report on Veritiv (VRTV)
- Is Five Below Trying to Punch Too High?
- These 3 Reports Will Tell Us Much About the Current Economy
- This Is What To Expect From The S&P 500 Now
- The Two Things You Need To Know About Oracle’s FQ1 Report
- Three Value Stocks For A Volatile Market
Receive News & Ratings for Veritiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veritiv and related companies with MarketBeat.com's FREE daily email newsletter.