Sei Investments Co. raised its stake in shares of Potlatch Corporation (NASDAQ:PCH) by 101.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 27,513 shares of the real estate investment trust’s stock after buying an additional 13,848 shares during the period. Sei Investments Co. owned 0.07% of Potlatch Corporation worth $1,258,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in PCH. Texas Permanent School Fund boosted its position in Potlatch Corporation by 1.0% in the second quarter. Texas Permanent School Fund now owns 29,649 shares of the real estate investment trust’s stock valued at $1,355,000 after buying an additional 293 shares in the last quarter. Rothschild Asset Management Inc. boosted its position in Potlatch Corporation by 65.0% in the second quarter. Rothschild Asset Management Inc. now owns 180,866 shares of the real estate investment trust’s stock valued at $8,266,000 after buying an additional 71,262 shares in the last quarter. Great West Life Assurance Co. Can boosted its position in Potlatch Corporation by 78.2% in the second quarter. Great West Life Assurance Co. Can now owns 41,405 shares of the real estate investment trust’s stock valued at $1,887,000 after buying an additional 18,167 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in Potlatch Corporation during the second quarter valued at approximately $329,000. Finally, ING Groep NV purchased a new position in Potlatch Corporation during the second quarter valued at approximately $226,000. 83.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of Potlatch Corporation (PCH) opened at 45.30 on Wednesday. The company has a market cap of $1.84 billion, a PE ratio of 22.41 and a beta of 1.41. The company has a 50 day moving average of $46.72 and a 200-day moving average of $45.71. Potlatch Corporation has a 12-month low of $35.38 and a 12-month high of $49.00.

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Several equities analysts have commented on the stock. UBS AG cut shares of Potlatch Corporation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 27th. BidaskClub cut shares of Potlatch Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Zacks Investment Research raised shares of Potlatch Corporation from a “hold” rating to a “strong-buy” rating and set a $52.00 target price on the stock in a research report on Tuesday, May 2nd. Royal Bank Of Canada reissued a “hold” rating and set a $47.00 target price on shares of Potlatch Corporation in a research report on Monday, July 31st. Finally, Vertical Research raised shares of Potlatch Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, May 4th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $45.80.

Potlatch Corporation Company Profile

Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products.

Institutional Ownership by Quarter for Potlatch Corporation (NASDAQ:PCH)

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