Clearwater Paper Co. (NYSE:CLW) Position Increased by Sterling Capital Management LLC

Sterling Capital Management LLC boosted its position in Clearwater Paper Co. (NYSE:CLW - Free Report) by 26,758.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,041 shares of the basic materials company's stock after buying an additional 14,985 shares during the quarter. Sterling Capital Management LLC owned 0.09% of Clearwater Paper worth $448,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CLW. Peregrine Capital Management LLC acquired a new stake in shares of Clearwater Paper in the 4th quarter valued at about $4,328,000. Trexquant Investment LP bought a new position in Clearwater Paper during the 4th quarter worth approximately $2,753,000. KRYGER CAPITAL Ltd acquired a new position in Clearwater Paper in the fourth quarter worth $2,707,000. Arrowstreet Capital Limited Partnership raised its stake in Clearwater Paper by 33.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 271,056 shares of the basic materials company's stock worth $8,069,000 after acquiring an additional 68,558 shares during the period. Finally, Sei Investments Co. bought a new position in Clearwater Paper in the fourth quarter worth about $2,010,000. 89.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Clearwater Paper Stock Performance

Shares of NYSE:CLW traded up $0.32 during trading hours on Thursday, hitting $24.38. The stock had a trading volume of 20,096 shares, compared to its average volume of 305,096. Clearwater Paper Co. has a 1-year low of $22.58 and a 1-year high of $57.13. The firm has a market capitalization of $395.98 million, a price-to-earnings ratio of 2.07 and a beta of 0.22. The stock's fifty day simple moving average is $25.18 and its 200 day simple moving average is $27.23. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.90 and a current ratio of 1.70.

Clearwater Paper (NYSE:CLW - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The basic materials company reported ($1.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.33) by ($0.84). Clearwater Paper had a negative return on equity of 1.87% and a net margin of 10.54%.

Insider Buying and Selling at Clearwater Paper

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

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.