UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 877 Shares of Clearwater Paper Co. (NYSE:CLW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Clearwater Paper Co. (NYSE:CLW) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,038 shares of the basic materials company’s stock after buying an additional 877 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.27% of Clearwater Paper worth $1,341,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CLW. Barclays PLC boosted its holdings in shares of Clearwater Paper by 2.9% during the 4th quarter. Barclays PLC now owns 27,920 shares of the basic materials company’s stock valued at $830,000 after acquiring an additional 781 shares during the last quarter. D.A. Davidson & CO. lifted its position in Clearwater Paper by 10.1% during the fourth quarter. D.A. Davidson & CO. now owns 8,700 shares of the basic materials company’s stock valued at $259,000 after purchasing an additional 800 shares during the period. Turtle Creek Asset Management Inc. boosted its holdings in Clearwater Paper by 12.2% in the fourth quarter. Turtle Creek Asset Management Inc. now owns 9,200 shares of the basic materials company’s stock worth $274,000 after purchasing an additional 1,000 shares during the last quarter. Wells Fargo & Company MN raised its stake in Clearwater Paper by 26.2% during the 4th quarter. Wells Fargo & Company MN now owns 10,495 shares of the basic materials company’s stock valued at $312,000 after buying an additional 2,176 shares during the last quarter. Finally, Woodmont Investment Counsel LLC raised its stake in Clearwater Paper by 6.1% during the 4th quarter. Woodmont Investment Counsel LLC now owns 37,662 shares of the basic materials company’s stock valued at $1,121,000 after buying an additional 2,180 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.

Clearwater Paper Stock Down 1.5%

CLW opened at $28.95 on Monday. The firm’s 50 day simple moving average is $26.70 and its two-hundred day simple moving average is $27.46. The company has a market capitalization of $470.53 million, a PE ratio of 2.47 and a beta of 0.13. Clearwater Paper Co. has a 1-year low of $22.58 and a 1-year high of $57.13. The company has a current ratio of 1.70, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33.

Clearwater Paper (NYSE:CLW) last announced its earnings results on Tuesday, April 29th. The basic materials company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.53). Clearwater Paper had a negative return on equity of 1.87% and a net margin of 10.54%. The company had revenue of $378.20 million during the quarter, compared to the consensus estimate of $387.00 million.

Analysts Set New Price Targets

CLW has been the subject of several research analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $37.00 price objective on shares of Clearwater Paper in a report on Tuesday, February 18th. Wall Street Zen upgraded Clearwater Paper from a “sell” rating to a “hold” rating in a research note on Monday, February 17th.

Insider Activity

In other Clearwater Paper news, SVP Kari G. Moyes sold 1,132 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president now owns 81,439 shares in the company, valued at approximately $1,952,907.22. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.55% of the company’s stock.

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.