Clearwater Paper Co. (NYSE:CLW) SVP Sells $74,228.16 in Stock

Clearwater Paper Co. (NYSE:CLW) SVP Kari G. Moyes sold 2,778 shares of the firm’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $26.72, for a total value of $74,228.16. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Clearwater Paper Stock Down 0.2 %

CLW stock opened at $25.05 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.70 and a quick ratio of 0.90. The stock has a market capitalization of $405.10 million, a price-to-earnings ratio of 2.14 and a beta of 0.35. The business’s fifty day moving average price is $29.71 and its two-hundred day moving average price is $28.77. Clearwater Paper Co. has a fifty-two week low of $23.92 and a fifty-two week high of $57.13.

Clearwater Paper (NYSE:CLW) last posted its quarterly earnings data on Thursday, February 13th. The basic materials company reported ($1.17) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.84). Clearwater Paper had a negative return on equity of 1.87% and a net margin of 10.54%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. LM Asset IM Inc. bought a new position in Clearwater Paper during the 4th quarter worth $1,259,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Clearwater Paper by 2.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 45,038 shares of the basic materials company’s stock worth $1,341,000 after buying an additional 877 shares during the period. Squarepoint Ops LLC increased its position in shares of Clearwater Paper by 201.4% in the fourth quarter. Squarepoint Ops LLC now owns 34,788 shares of the basic materials company’s stock worth $1,036,000 after purchasing an additional 23,247 shares during the period. Two Sigma Advisers LP increased its position in shares of Clearwater Paper by 65.5% in the fourth quarter. Two Sigma Advisers LP now owns 46,500 shares of the basic materials company’s stock worth $1,384,000 after purchasing an additional 18,400 shares during the period. Finally, Two Sigma Investments LP increased its position in shares of Clearwater Paper by 133.5% in the fourth quarter. Two Sigma Investments LP now owns 100,515 shares of the basic materials company’s stock worth $2,992,000 after purchasing an additional 57,468 shares during the period. Institutional investors own 89.98% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on CLW. Royal Bank of Canada reaffirmed an “outperform” rating and set a $37.00 price target on shares of Clearwater Paper in a report on Tuesday, February 18th. StockNews.com raised Clearwater Paper from a “sell” rating to a “hold” rating in a report on Monday, February 17th.

Clearwater Paper Company 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.