894 Shares in Clearwater Paper Co. (NYSE:CLW) Acquired by GAMMA Investing LLC

GAMMA Investing LLC purchased a new position in Clearwater Paper Co. (NYSE:CLW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 894 shares of the basic materials company’s stock, valued at approximately $29,000.

A number of other large investors have also bought and sold shares of CLW. Assenagon Asset Management S.A. boosted its position in shares of Clearwater Paper by 47.2% during the third quarter. Assenagon Asset Management S.A. now owns 153,165 shares of the basic materials company’s stock valued at $5,552,000 after purchasing an additional 49,141 shares in the last quarter. Wedge Capital Management L L P NC boosted its holdings in Clearwater Paper by 32.6% in the fourth quarter. Wedge Capital Management L L P NC now owns 126,056 shares of the basic materials company’s stock worth $4,553,000 after acquiring an additional 31,010 shares in the last quarter. American Century Companies Inc. boosted its holdings in Clearwater Paper by 8.9% in the third quarter. American Century Companies Inc. now owns 284,146 shares of the basic materials company’s stock worth $10,300,000 after acquiring an additional 23,231 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Clearwater Paper by 4.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 321,719 shares of the basic materials company’s stock worth $11,662,000 after acquiring an additional 14,733 shares in the last quarter. Finally, Corton Capital Inc. bought a new stake in Clearwater Paper in the third quarter worth $455,000. 89.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on CLW. StockNews.com downgraded Clearwater Paper from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 22nd. Royal Bank of Canada boosted their target price on Clearwater Paper from $41.00 to $42.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 30th.

Clearwater Paper Stock Up 5.8 %

Clearwater Paper stock opened at $47.84 on Tuesday. The stock has a market cap of $797.88 million, a PE ratio of 8.00 and a beta of 0.51. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.82 and a current ratio of 1.91. Clearwater Paper Co. has a one year low of $29.22 and a one year high of $48.00. The stock has a fifty day moving average of $41.30 and a 200 day moving average of $37.34.

Clearwater Paper (NYSE:CLW) last posted its quarterly earnings data on Monday, April 29th. The basic materials company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.32. The company had revenue of $496.20 million during the quarter. Clearwater Paper had a return on equity of 17.35% and a net margin of 4.92%. During the same quarter last year, the company posted $1.47 EPS.

Clearwater Paper 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.