Dimensional Fund Advisors LP Sells 68,508 Shares of Clearwater Paper Co. (NYSE:CLW)

Dimensional Fund Advisors LP lowered its position in shares of Clearwater Paper Co. (NYSE:CLW - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,296,125 shares of the basic materials company's stock after selling 68,508 shares during the period. Dimensional Fund Advisors LP owned 7.82% of Clearwater Paper worth $38,585,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC boosted its stake in Clearwater Paper by 2.9% in the fourth quarter. Barclays PLC now owns 27,920 shares of the basic materials company's stock valued at $830,000 after buying an additional 781 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of Clearwater Paper by 10.1% during the fourth quarter. D.A. Davidson & CO. now owns 8,700 shares of the basic materials company's stock worth $259,000 after buying an additional 800 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Clearwater Paper by 26.2% in the 4th quarter. Wells Fargo & Company MN now owns 10,495 shares of the basic materials company's stock valued at $312,000 after acquiring an additional 2,176 shares during the last quarter. Woodmont Investment Counsel LLC grew its position in Clearwater Paper by 6.1% during the 4th quarter. Woodmont Investment Counsel LLC now owns 37,662 shares of the basic materials company's stock worth $1,121,000 after acquiring an additional 2,180 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings 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 worth $1,739,000 after purchasing an additional 2,404 shares in the last quarter. 89.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on CLW. Royal Bank of Canada reiterated an "outperform" rating and set a $37.00 target price on shares of Clearwater Paper in a research report on Tuesday, February 18th. StockNews.com upgraded shares of Clearwater Paper from a "sell" rating to a "hold" rating in a research report on Monday, February 17th.

Clearwater Paper Trading Down 1.5 %

Shares of NYSE:CLW traded down $0.40 during mid-day trading on Friday, hitting $26.97. The company had a trading volume of 141,849 shares, compared to its average volume of 293,739. The company has a market capitalization of $438.42 million, a PE ratio of 2.30 and a beta of 0.16. Clearwater Paper Co. has a one year low of $22.58 and a one year high of $57.13. The firm has a fifty day moving average price of $24.85 and a 200 day moving average price of $27.08. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.70 and a quick ratio of 0.90.

Clearwater Paper (NYSE:CLW - Get Free Report) last issued its earnings results 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). The firm had revenue of $378.20 million during the quarter, compared to analyst estimates of $387.00 million. Clearwater Paper had a net margin of 10.54% and a negative return on equity of 1.87%.

Insider Activity at Clearwater Paper

In related news, SVP Kari G. Moyes sold 1,132 shares of the business's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $23.98, for a total transaction of $27,145.36. Following the transaction, the senior vice president now directly owns 81,439 shares in the company, valued at approximately $1,952,907.22. The trade was a 1.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.55% of the stock is currently owned by insiders.

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.