Arlington Partners LLC Makes New $55,000 Investment in Clearwater Paper Co. (NYSE:CLW)

Arlington Partners LLC bought a new position in Clearwater Paper Co. (NYSE:CLW) in the first quarter, HoldingsChannel.com reports. The fund bought 1,450 shares of the basic materials company’s stock, valued at approximately $55,000.

A number of other large investors also recently bought and sold shares of CLW. JPMorgan Chase & Co. grew its position in Clearwater Paper by 205.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 41,299 shares of the basic materials company’s stock worth $1,501,000 after purchasing an additional 27,764 shares during the period. AQR Capital Management LLC grew its position in Clearwater Paper by 492.5% in the 3rd quarter. AQR Capital Management LLC now owns 34,327 shares of the basic materials company’s stock worth $1,302,000 after purchasing an additional 28,533 shares during the period. Sei Investments Co. bought a new stake in shares of Clearwater Paper during the 3rd quarter valued at $1,128,000. Strs Ohio grew its position in shares of Clearwater Paper by 8.5% during the 3rd quarter. Strs Ohio now owns 19,200 shares of the basic materials company’s stock valued at $728,000 after acquiring an additional 1,500 shares during the period. Finally, Pacer Advisors Inc. bought a new stake in shares of Clearwater Paper during the 4th quarter valued at $581,000. 88.80% of the stock is owned by institutional investors and hedge funds.

CLW has been the subject of a number of recent research reports. Royal Bank of Canada reissued a “hold” rating and set a $41.00 price objective on shares of Clearwater Paper in a research report on Friday, April 2nd. Zacks Investment Research cut shares of Clearwater Paper from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 2nd. Finally, BMO Capital Markets started coverage on shares of Clearwater Paper in a report on Thursday, January 21st. They set an “outperform” rating and a $48.00 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $41.25.

NYSE CLW opened at $34.73 on Friday. The company has a fifty day simple moving average of $37.36 and a two-hundred day simple moving average of $38.29. The stock has a market cap of $579.23 million, a P/E ratio of 10.28 and a beta of 1.48. Clearwater Paper Co. has a 12-month low of $20.25 and a 12-month high of $45.81. The company has a current ratio of 2.05, a quick ratio of 0.98 and a debt-to-equity ratio of 1.58.

Clearwater Paper (NYSE:CLW) last posted its quarterly earnings results on Thursday, February 25th. The basic materials company reported $1.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.53 by ($0.08). The company had revenue of $452.80 million during the quarter, compared to analysts’ expectations of $468.00 million. Clearwater Paper had a return on equity of 15.21% and a net margin of 3.05%. During the same period in the prior year, the business posted $0.37 EPS. As a group, sell-side analysts forecast that Clearwater Paper Co. will post 5.44 earnings per share for the current year.

About Clearwater Paper

Clearwater Paper Corporation produces and sells private label tissue and bleached paperboard products in the United States and internationally. The company operates through two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products and parent rolls.

Further Reading: Channel Trading

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Institutional Ownership by Quarter for Clearwater Paper (NYSE:CLW)

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