Trexquant Investment LP Purchases Shares of 92,468 Clearwater Paper Co. (NYSE:CLW)

Trexquant Investment LP acquired a new stake in Clearwater Paper Co. (NYSE:CLW - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 92,468 shares of the basic materials company's stock, valued at approximately $2,753,000. Trexquant Investment LP owned about 0.56% of Clearwater Paper at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Barclays PLC raised its holdings in Clearwater Paper by 339.6% in the 3rd quarter. Barclays PLC now owns 27,139 shares of the basic materials company's stock valued at $774,000 after acquiring an additional 20,966 shares during the period. American Century Companies Inc. boosted its stake in Clearwater Paper by 7.3% in the 4th quarter. American Century Companies Inc. now owns 637,108 shares of the basic materials company's stock valued at $18,967,000 after purchasing an additional 43,604 shares during the period. HighTower Advisors LLC grew its holdings in Clearwater Paper by 124.0% in the 3rd quarter. HighTower Advisors LLC now owns 12,400 shares of the basic materials company's stock valued at $361,000 after buying an additional 6,865 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Clearwater Paper during the third quarter worth $877,000. Finally, Wedge Capital Management L L P NC grew its stake in shares of Clearwater Paper by 14.7% in the fourth quarter. Wedge Capital Management L L P NC now owns 141,130 shares of the basic materials company's stock valued at $4,201,000 after acquiring an additional 18,139 shares in the last quarter. 89.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Clearwater Paper Price Performance

Shares of CLW traded down $0.05 during trading hours on Friday, hitting $24.50. 251,137 shares of the company were exchanged, compared to its average volume of 303,211. The company has a market cap of $397.90 million, a price-to-earnings ratio of 2.09 and a beta of 0.22. The firm's fifty day moving average is $26.06 and its 200 day moving average is $27.40. Clearwater Paper Co. has a fifty-two week low of $22.58 and a fifty-two week high of $57.13. 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 (NYSE:CLW - Get Free Report) last released 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%.

Insider Buying and Selling at Clearwater Paper

In other Clearwater Paper news, SVP Kari G. Moyes sold 1,132 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $23.98, for a total transaction of $27,145.36. Following the completion of the transaction, the senior vice president now owns 81,439 shares of the company's stock, valued at approximately $1,952,907.22. The trade was a 1.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.30% 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.