Russell Investments Group Ltd. Grows Stock Position in Clearwater Paper Co. (NYSE:CLW)

Russell Investments Group Ltd. boosted its holdings in shares of Clearwater Paper Co. (NYSE:CLW - Free Report) by 56.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,192 shares of the basic materials company's stock after acquiring an additional 11,586 shares during the period. Russell Investments Group Ltd. owned about 0.19% of Clearwater Paper worth $958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. American Century Companies Inc. raised its position in shares of Clearwater Paper by 7.3% in the fourth quarter. American Century Companies Inc. now owns 637,108 shares of the basic materials company's stock worth $18,967,000 after acquiring an additional 43,604 shares during the period. Geode Capital Management LLC lifted its stake in shares of Clearwater Paper by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 386,976 shares of the basic materials company's stock worth $11,523,000 after buying an additional 4,973 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Clearwater Paper by 33.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 271,056 shares of the basic materials company's stock valued at $8,069,000 after acquiring an additional 68,558 shares in the last quarter. Peregrine Capital Management LLC purchased a new position in Clearwater Paper in the 4th quarter worth approximately $4,328,000. Finally, Wedge Capital Management L L P NC boosted its stake in Clearwater Paper by 14.7% during the fourth quarter. Wedge Capital Management L L P NC now owns 141,130 shares of the basic materials company's stock worth $4,201,000 after buying an additional 18,139 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CLW shares. StockNews.com upgraded shares of Clearwater Paper from a "sell" rating to a "hold" rating in a research report on Monday, February 17th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $37.00 price target on shares of Clearwater Paper in a research note on Tuesday, February 18th.

Insider Buying and Selling

In related news, SVP Kari G. Moyes sold 1,132 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $23.98, for a total transaction of $27,145.36. Following the sale, the senior vice president now owns 81,439 shares in the company, valued at $1,952,907.22. The trade was a 1.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.55% of the stock is currently owned by corporate insiders.

Clearwater Paper Stock Down 1.1 %

Shares of NYSE:CLW traded down $0.26 during trading on Friday, reaching $24.40. 183,891 shares of the company traded hands, compared to its average volume of 307,183. The company has a quick ratio of 0.90, a current ratio of 1.70 and a debt-to-equity ratio of 0.33. The firm has a market cap of $396.26 million, a P/E ratio of 2.08 and a beta of 0.22. The firm has a fifty day simple moving average of $25.06 and a 200 day simple moving average of $27.20. Clearwater Paper Co. 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 earnings results on Thursday, February 13th. The basic materials company reported ($1.17) EPS for the quarter, missing the consensus estimate of ($0.33) by ($0.84). Clearwater Paper had a net margin of 10.54% and a negative return on equity of 1.87%.

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.