Investors Research Corp Has $121,000 Holdings in Clearwater Paper Co. (NYSE:CLW)

Investors Research Corp lessened its holdings in shares of Clearwater Paper Co. (NYSE:CLW) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,350 shares of the basic materials company’s stock after selling 300 shares during the quarter. Investors Research Corp’s holdings in Clearwater Paper were worth $121,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. US Bancorp DE grew its position 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 during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Clearwater Paper in the second quarter valued at approximately $43,000. Captrust Financial Advisors grew its position in Clearwater Paper by 35.0% during the first quarter. Captrust Financial Advisors now owns 1,877 shares of the basic materials company’s stock worth $53,000 after buying an additional 487 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Clearwater Paper by 531.9% during the first quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the basic materials company’s stock worth $59,000 after purchasing an additional 1,484 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in Clearwater Paper during the third quarter worth $76,000. Institutional investors and hedge funds own 89.98% of the company’s stock.

Analysts Set New Price Targets

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

Clearwater Paper Stock Down 1.1 %

Shares of CLW opened at $39.55 on Wednesday. Clearwater Paper Co. has a 52 week low of $29.22 and a 52 week high of $44.21. The stock has a market capitalization of $654.87 million, a price-to-earnings ratio of 6.22 and a beta of 0.52. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.85 and a current ratio of 1.97. The stock has a fifty day moving average of $39.34 and a 200-day moving average of $36.83.

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

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.