Ancora Advisors LLC Grows Stake in Clearwater Paper Co. (NYSE:CLW)

Ancora Advisors LLC raised its position in shares of Clearwater Paper Co. (NYSE:CLW - Free Report) by 215.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,581 shares of the basic materials company's stock after acquiring an additional 21,581 shares during the quarter. Ancora Advisors LLC owned about 0.19% of Clearwater Paper worth $940,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Barclays PLC grew its holdings in shares of Clearwater Paper by 339.6% during the third quarter. Barclays PLC now owns 27,139 shares of the basic materials company's stock valued at $774,000 after buying an additional 20,966 shares during the last quarter. Wedge Capital Management L L P NC lifted its holdings in Clearwater Paper by 14.7% during the fourth quarter. Wedge Capital Management L L P NC now owns 141,130 shares of the basic materials company's stock valued at $4,201,000 after purchasing an additional 18,139 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in Clearwater Paper by 4.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 58,426 shares of the basic materials company's stock valued at $1,739,000 after buying an additional 2,404 shares in the last quarter. Empowered Funds LLC lifted its holdings in Clearwater Paper by 5.1% during the 4th quarter. Empowered Funds LLC now owns 111,947 shares of the basic materials company's stock worth $3,333,000 after purchasing an additional 5,428 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Clearwater Paper by 10.1% during the 4th 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 in the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Clearwater Paper Stock Performance

NYSE:CLW traded down $0.40 during trading hours on Friday, reaching $26.97. The company had a trading volume of 179,868 shares, compared to its average volume of 313,784. The firm has a market cap of $438.42 million, a price-to-earnings ratio of 2.30 and a beta of 0.16. The company has a current ratio of 1.70, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33. The firm's 50 day moving average price is $24.89 and its 200-day moving average price is $27.08. Clearwater Paper Co. has a 52 week low of $22.58 and a 52 week high of $57.13.

Clearwater Paper (NYSE:CLW - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The basic materials company reported ($0.36) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $378.20 million during the quarter, compared to the consensus estimate of $387.00 million.

Insider Transactions at Clearwater Paper

In related news, SVP Kari G. Moyes sold 2,778 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $26.72, for a total transaction of $74,228.16. Following the completion of the transaction, the senior vice president now directly owns 83,799 shares in the company, valued at approximately $2,239,109.28. The trade was a 3.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.55% of the company's stock.

Wall Street Analyst Weigh In

CLW has been the subject of a number of recent research reports. Royal Bank of Canada restated an "outperform" rating and issued a $37.00 price objective on shares of Clearwater Paper in a report on Tuesday, February 18th. StockNews.com upgraded shares of Clearwater Paper from a "sell" rating to a "hold" rating in a report on Monday, February 17th.

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.