New York State Teachers Retirement System Has $1.31 Million Holdings in Clearwater Paper Co. (NYSE:CLW)

New York State Teachers Retirement System raised its stake in shares of Clearwater Paper Co. (NYSE:CLW) by 2.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 36,120 shares of the basic materials company’s stock after purchasing an additional 897 shares during the period. New York State Teachers Retirement System’s holdings in Clearwater Paper were worth $1,305,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in shares of Clearwater Paper by 103.2% in the first quarter. US Bancorp DE now owns 1,213 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 616 shares in the last quarter. Lazard Asset Management LLC bought a new position in Clearwater Paper during the 2nd quarter valued at $43,000. Captrust Financial Advisors grew its stake in shares of Clearwater Paper by 35.0% in the 1st quarter. Captrust Financial Advisors now owns 1,877 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 487 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Clearwater Paper by 531.9% in the first quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the basic materials company’s stock valued at $59,000 after purchasing an additional 1,484 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Clearwater Paper during the third quarter valued at about $76,000. 89.98% of the stock is owned by institutional investors.

Clearwater Paper Stock Down 0.9 %

Shares of NYSE:CLW opened at $39.22 on Thursday. Clearwater Paper Co. has a 1 year low of $29.22 and a 1 year high of $44.21. The company has a market capitalization of $649.48 million, a PE ratio of 6.17 and a beta of 0.52. The business has a fifty day moving average price of $39.47 and a two-hundred day moving average price of $36.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.97 and a quick ratio of 0.85.

Clearwater Paper (NYSE:CLW) last announced its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $1.35 earnings per share for the quarter. The business had revenue of $512.80 million during the quarter. Clearwater Paper had a return on equity of 18.13% and a net margin of 5.17%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Clearwater Paper from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 22nd.

Clearwater Paper Company Profile

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.