60,929 Shares in Clearwater Paper Co. (NYSE:CLW) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new stake in Clearwater Paper Co. (NYSE:CLW - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 60,929 shares of the basic materials company's stock, valued at approximately $1,814,000. Susquehanna Fundamental Investments LLC owned 0.37% of Clearwater Paper as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of CLW. Virtu Financial LLC acquired a new stake in shares of Clearwater Paper in the fourth quarter worth approximately $217,000. Cornerstone Investment Partners LLC acquired a new stake in shares of Clearwater Paper in the 4th quarter worth about $226,000. D.A. Davidson & CO. lifted its stake in shares of Clearwater Paper by 10.1% in the 4th quarter. D.A. Davidson & CO. now owns 8,700 shares of the basic materials company's stock worth $259,000 after acquiring an additional 800 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of Clearwater Paper by 157.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,258 shares of the basic materials company's stock valued at $276,000 after acquiring an additional 5,658 shares during the last quarter. Finally, 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 purchasing an additional 2,176 shares during the period. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Clearwater Paper

In other Clearwater Paper news, SVP Kari G. Moyes sold 2,778 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $26.72, for a total value of $74,228.16. Following the transaction, the senior vice president now owns 83,799 shares of the company's stock, valued at $2,239,109.28. This represents a 3.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.55% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. StockNews.com raised shares of Clearwater Paper from a "sell" rating to a "hold" rating in a research report on Monday, February 17th. Royal Bank of Canada reissued an "outperform" rating and set a $37.00 price objective on shares of Clearwater Paper in a research note on Tuesday, February 18th.

Clearwater Paper Price Performance

Shares of NYSE:CLW traded down $0.59 during trading on Tuesday, hitting $25.43. 41,828 shares of the company were exchanged, compared to its average volume of 310,431. The company has a market capitalization of $413.33 million, a P/E ratio of 2.17 and a beta of 0.16. The company has a quick ratio of 0.90, a current ratio of 1.70 and a debt-to-equity ratio of 0.33. Clearwater Paper Co. has a 1-year low of $22.58 and a 1-year high of $57.13. The business's 50 day moving average is $24.83 and its 200-day moving average is $27.11.

Clearwater Paper (NYSE:CLW - Get Free Report) last issued its quarterly 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 business had revenue of $378.20 million for the quarter, compared to the consensus estimate of $387.00 million.

About Clearwater Paper

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.