KRYGER CAPITAL Ltd Makes New $2.71 Million Investment in Clearwater Paper Co. (NYSE:CLW)

KRYGER CAPITAL Ltd bought a new position in Clearwater Paper Co. (NYSE:CLW - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 90,926 shares of the basic materials company's stock, valued at approximately $2,707,000. Clearwater Paper accounts for about 0.7% of KRYGER CAPITAL Ltd's investment portfolio, making the stock its 10th largest holding. KRYGER CAPITAL Ltd owned approximately 0.55% of Clearwater Paper as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its stake in shares of Clearwater Paper by 56.2% in the 4th quarter. Russell Investments Group Ltd. now owns 32,192 shares of the basic materials company's stock worth $958,000 after purchasing an additional 11,586 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Clearwater Paper by 26.2% in the fourth quarter. Wells Fargo & Company MN now owns 10,495 shares of the basic materials company's stock valued at $312,000 after buying an additional 2,176 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Clearwater Paper during the 4th quarter worth $2,753,000. Geode Capital Management LLC grew its holdings in shares of Clearwater Paper by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 386,976 shares of the basic materials company's stock worth $11,523,000 after acquiring an additional 4,973 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of 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 purchasing an additional 68,558 shares during the period. 89.98% of the stock is owned by institutional investors.

Clearwater Paper Stock Down 1.7 %

Shares of Clearwater Paper stock traded down $0.42 on Wednesday, hitting $24.18. 39,280 shares of the company traded hands, compared to its average volume of 302,432. The company has a quick ratio of 0.90, a current ratio of 1.70 and a debt-to-equity ratio of 0.33. Clearwater Paper Co. has a 12-month low of $22.00 and a 12-month high of $57.13. The company has a 50-day moving average price of $25.77 and a 200 day moving average price of $27.34. The company has a market cap of $392.68 million, a PE ratio of 2.06 and a beta of 0.22.

Clearwater Paper (NYSE:CLW - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The basic materials company reported ($1.17) earnings per share 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 Transactions at Clearwater Paper

In other Clearwater Paper news, SVP Kari G. Moyes sold 2,778 shares of the stock in a transaction on 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 directly owns 83,799 shares of the company's stock, valued at $2,239,109.28. This represents a 3.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CLW has been the topic of several recent analyst reports. StockNews.com upgraded Clearwater Paper from a "sell" rating to a "hold" rating in a report on Monday, February 17th. Royal Bank of Canada reiterated an "outperform" rating and set a $37.00 price target on shares of Clearwater Paper in a report on Tuesday, February 18th.

About Clearwater Paper

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.