Potlatch Corp. (NASDAQ:PCH) was downgraded by research analysts at Vertical Group to a “hold” rating in a note issued to investors on Wednesday.

A number of other equities analysts have also recently commented on PCH. Zacks Investment Research upgraded shares of Potlatch Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, October 26th. TheStreet upgraded shares of Potlatch Corp. from a “hold” rating to a “buy” rating in a research report on Friday, July 22nd. DA Davidson cut shares of Potlatch Corp. from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $56.00 to $40.00 in a research report on Wednesday, July 27th. They noted that the move was a valuation call. Vertical Research cut shares of Potlatch Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, BMO Capital Markets assumed coverage on shares of Potlatch Corp. in a research report on Thursday, October 13th. They issued a “market perform” rating and a $36.00 target price on the stock. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $39.83.

Analyst Recommendations for Potlatch Corp. (NASDAQ:PCH)

Potlatch Corp. (NASDAQ:PCH) traded up 0.37% during mid-day trading on Wednesday, hitting $40.75. The company’s stock had a trading volume of 335,608 shares. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 40750.00 and a beta of 1.35. The firm has a 50 day moving average of $38.72 and a 200-day moving average of $36.72. Potlatch Corp. has a 52-week low of $24.01 and a 52-week high of $41.70.

Potlatch Corp. (NASDAQ:PCH) last posted its quarterly earnings data on Friday, October 21st. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. Potlatch Corp. had a net margin of 0.02% and a return on equity of 21.33%. The company earned $174 million during the quarter, compared to the consensus estimate of $180.07 million. During the same period in the previous year, the firm posted $0.53 EPS. The firm’s revenue was down .9% compared to the same quarter last year. On average, equities research analysts expect that Potlatch Corp. will post $1.11 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in PCH. Stelac Advisory Services LLC boosted its position in shares of Potlatch Corp. by 0.8% in the third quarter. Stelac Advisory Services LLC now owns 11,143 shares of the real estate investment trust’s stock valued at $422,000 after buying an additional 87 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Potlatch Corp. by 0.6% in the third quarter. Arizona State Retirement System now owns 17,123 shares of the real estate investment trust’s stock valued at $666,000 after buying an additional 100 shares in the last quarter. Laurel Wealth Advisors Inc. boosted its position in shares of Potlatch Corp. by 0.6% in the third quarter. Laurel Wealth Advisors Inc. now owns 18,879 shares of the real estate investment trust’s stock valued at $734,000 after buying an additional 110 shares in the last quarter. First National Bank of Omaha boosted its position in shares of Potlatch Corp. by 1.4% in the third quarter. First National Bank of Omaha now owns 8,882 shares of the real estate investment trust’s stock valued at $345,000 after buying an additional 125 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Potlatch Corp. by 4.5% in the second quarter. Public Employees Retirement System of Ohio now owns 2,988 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 128 shares in the last quarter. Institutional investors own 83.58% of the company’s stock.

Potlatch Corp. Company Profile

Potlatch Corporation is a real estate investment trust (REIT). The Company operates through three segments: Resource, Wood Products and Real Estate. The Resource segment management activities include planting and harvesting trees, and building and maintaining roads. Its activities also include hunting leases, recreation permits and leases, mineral rights leases, biomass production and carbon sequestration.

5 Day Chart for NASDAQ:PCH

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