Mutual Advisors LLC Takes $746,000 Position in Clearwater Paper Corporation (NYSE:CLW)

Mutual Advisors LLC purchased a new stake in Clearwater Paper Corporation (NYSE:CLW - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 30,567 shares of the basic materials company's stock, valued at approximately $746,000. Mutual Advisors LLC owned approximately 0.19% of Clearwater Paper at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CLW. SummerHaven Investment Management LLC raised its position in Clearwater Paper by 2.7% in the 1st quarter. SummerHaven Investment Management LLC now owns 17,056 shares of the basic materials company's stock valued at $433,000 after purchasing an additional 448 shares during the last quarter. Barclays PLC grew its holdings in shares of Clearwater Paper by 2.9% during the fourth quarter. Barclays PLC now owns 27,920 shares of the basic materials company's stock worth $830,000 after buying an additional 781 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Clearwater Paper by 2.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 45,038 shares of the basic materials company's stock valued at $1,341,000 after acquiring an additional 877 shares during the period. Turtle Creek Asset Management Inc. lifted its position in Clearwater Paper by 12.2% during the 4th quarter. Turtle Creek Asset Management Inc. now owns 9,200 shares of the basic materials company's stock worth $274,000 after acquiring an additional 1,000 shares during the period. Finally, Woodmont Investment Counsel LLC increased its holdings in shares of Clearwater Paper by 5.3% in the first quarter. Woodmont Investment Counsel LLC now owns 39,670 shares of the basic materials company's stock valued at $1,006,000 after purchasing an additional 2,008 shares during the period. 89.98% of the stock is owned by institutional investors and hedge funds.

Clearwater Paper Stock Performance

Shares of NYSE CLW traded up $0.57 during mid-day trading on Thursday, hitting $30.00. 120,159 shares of the company were exchanged, compared to its average volume of 261,210. The company has a quick ratio of 0.80, a current ratio of 1.66 and a debt-to-equity ratio of 0.34. The firm has a market cap of $487.80 million, a price-to-earnings ratio of 2.90 and a beta of 0.10. The stock has a 50 day simple moving average of $28.35 and a 200-day simple moving average of $27.71. Clearwater Paper Corporation has a 1-year low of $22.58 and a 1-year high of $57.13.

Clearwater Paper (NYSE:CLW - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The basic materials company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.53). Clearwater Paper had a negative return on equity of 5.76% and a net margin of 9.90%. The firm had revenue of $378.20 million for the quarter, compared to analyst estimates of $387.00 million.

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.