Kapitalo Investimentos Ltda Purchases New Holdings in Clearwater Paper Corporation $CLW

Key Points

• Kapitalo Investimentos Ltda has acquired a new stake of 14,891 shares in Clearwater Paper Corporation, valued at approximately $406,000, representing about 0.09% ownership as of its latest SEC filing.
• In the fourth quarter, several institutional investors, including Bank of America and Two Sigma Investments, significantly increased their holdings in Clearwater Paper, highlighting strong interest from institutional investors in the company.
• Clearwater Paper reported earnings of $0.22 per share for the last quarter, missing analyst expectations of $0.73, and had a revenue of $391.80 million, falling short of the anticipated $397.00 million.

Kapitalo Investimentos Ltda acquired a new stake in shares of Clearwater Paper Corporation (NYSE:CLW - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 14,891 shares of the basic materials company's stock, valued at approximately $406,000. Kapitalo Investimentos Ltda owned approximately 0.09% of Clearwater Paper as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets grew its holdings in Clearwater Paper by 209.9% during the 4th quarter. BNP Paribas Financial Markets now owns 11,094 shares of the basic materials company's stock worth $330,000 after acquiring an additional 7,514 shares in the last quarter. Bank of America Corp DE boosted its stake in Clearwater Paper by 120.4% in the fourth quarter. Bank of America Corp DE now owns 67,554 shares of the basic materials company's stock valued at $2,011,000 after acquiring an additional 36,910 shares during the period. Deutsche Bank AG grew its holdings in shares of Clearwater Paper by 58.3% during the fourth quarter. Deutsche Bank AG now owns 15,184 shares of the basic materials company's stock valued at $452,000 after purchasing an additional 5,592 shares during the last quarter. Two Sigma Investments LP raised its position in shares of Clearwater Paper by 133.5% during the 4th quarter. Two Sigma Investments LP now owns 100,515 shares of the basic materials company's stock worth $2,992,000 after purchasing an additional 57,468 shares during the period. Finally, Two Sigma Advisers LP boosted its holdings in shares of Clearwater Paper by 65.5% during the fourth quarter. Two Sigma Advisers LP now owns 46,500 shares of the basic materials company's stock valued at $1,384,000 after acquiring an additional 18,400 shares during the period. 89.98% of the stock is owned by institutional investors and hedge funds.

Clearwater Paper Stock Performance

CLW opened at $21.00 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.97 and a debt-to-equity ratio of 0.39. The firm has a market cap of $338.10 million, a PE ratio of 1.74 and a beta of 0.12. The business has a fifty day simple moving average of $23.64 and a 200-day simple moving average of $25.66. Clearwater Paper Corporation has a fifty-two week low of $20.84 and a fifty-two week high of $33.56.

Clearwater Paper (NYSE:CLW - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.51). Clearwater Paper had a negative return on equity of 4.11% and a net margin of 12.98%.The company had revenue of $391.80 million during the quarter, compared to analysts' expectations of $397.00 million.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Royal Bank Of Canada dropped their price objective on shares of Clearwater Paper from $37.00 to $36.00 and set an "outperform" rating on the stock in a report on Wednesday, July 30th. Wall Street Zen upgraded shares of Clearwater Paper from a "sell" rating to a "hold" rating in a research note on Monday, September 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $36.00.

Clearwater Paper 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.

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