90,000 Shares in Clearwater Paper Co. (NYSE:CLW) Acquired by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP bought a new position in Clearwater Paper Co. (NYSE:CLW - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 90,000 shares of the basic materials company's stock, valued at approximately $2,679,000. Hudson Bay Capital Management LP owned 0.54% of Clearwater Paper at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Graham Capital Management L.P. purchased a new stake in shares of Clearwater Paper in the 4th quarter worth about $238,000. Deutsche Bank AG grew its position in shares of Clearwater Paper by 58.3% in the 4th quarter. Deutsche Bank AG now owns 15,184 shares of the basic materials company's stock worth $452,000 after buying an additional 5,592 shares during the period. D. E. Shaw & Co. Inc. grew its position in shares of Clearwater Paper by 101.4% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 388,339 shares of the basic materials company's stock worth $11,561,000 after buying an additional 195,487 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Clearwater Paper in the 4th quarter worth about $1,061,000. Finally, CastleKnight Management LP grew its position in Clearwater Paper by 50.0% during the 4th quarter. CastleKnight Management LP now owns 166,900 shares of the basic materials company's stock valued at $4,969,000 after purchasing an additional 55,626 shares during the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Clearwater Paper Stock Up 0.7%

CLW stock traded up $0.21 during trading on Friday, hitting $29.28. 166,752 shares of the stock traded hands, compared to its average volume of 315,680. Clearwater Paper Co. has a 1 year low of $22.58 and a 1 year high of $57.13. The firm's 50 day moving average is $25.31 and its two-hundred day moving average is $27.15. The stock has a market cap of $476.01 million, a price-to-earnings ratio of 2.50 and a beta of 0.16. 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 announced 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). The firm had revenue of $378.20 million for the quarter, compared to analysts' expectations of $387.00 million. Clearwater Paper had a net margin of 10.54% and a negative return on equity of 1.87%.

Wall Street Analysts Forecast Growth

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

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 dated Thursday, February 27th. The shares were sold at an average price of $26.72, for a total transaction of $74,228.16. Following the transaction, the senior vice president now owns 83,799 shares in the company, valued at approximately $2,239,109.28. This represents a 3.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.55% of the company's stock.

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.