New York State Teachers Retirement System Has $1.31 Million Stock Position in Clearwater Paper Co. (NYSE:CLW)

New York State Teachers Retirement System increased its stake in Clearwater Paper Co. (NYSE:CLW) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,120 shares of the basic materials company’s stock after purchasing an additional 897 shares during the quarter. New York State Teachers Retirement System owned approximately 0.22% of Clearwater Paper worth $1,305,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Teachers Retirement System of The State of Kentucky increased its position in shares of Clearwater Paper by 5.7% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 5,436 shares of the basic materials company’s stock worth $171,000 after acquiring an additional 293 shares in the last quarter. Barclays PLC raised its stake in Clearwater Paper by 3.1% during the 2nd quarter. Barclays PLC now owns 9,841 shares of the basic materials company’s stock valued at $308,000 after purchasing an additional 298 shares during the period. BNP Paribas Arbitrage SA raised its stake in Clearwater Paper by 5.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,479 shares of the basic materials company’s stock valued at $252,000 after purchasing an additional 380 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Clearwater Paper by 35.0% in the first quarter. Captrust Financial Advisors now owns 1,877 shares of the basic materials company’s stock valued at $53,000 after purchasing an additional 487 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of Clearwater Paper by 6.6% in the first quarter. HighTower Advisors LLC now owns 7,891 shares of the basic materials company’s stock worth $266,000 after buying an additional 487 shares during the period. Institutional investors and hedge funds own 89.98% of the company’s stock.

Clearwater Paper Stock Down 0.9 %

Clearwater Paper stock opened at $39.22 on Thursday. Clearwater Paper Co. has a twelve month low of $29.22 and a twelve month high of $44.21. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.85 and a current ratio of 1.97. The firm has a market cap of $649.48 million, a PE ratio of 6.17 and a beta of 0.52. The firm’s 50 day moving average price is $39.47 and its two-hundred day moving average price is $36.85.

Clearwater Paper (NYSE:CLW) last announced its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $1.35 earnings per share (EPS) for the quarter. Clearwater Paper had a return on equity of 18.13% and a net margin of 5.17%. The business had revenue of $512.80 million during the quarter.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Clearwater Paper from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 22nd.

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.