7,987 Shares in Clearwater Paper Co. (NYSE:CLW) Purchased by Graham Capital Management L.P.

Graham Capital Management L.P. bought a new position in shares of Clearwater Paper Co. (NYSE:CLW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,987 shares of the basic materials company’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds have also bought and sold shares of CLW. Virtu Financial LLC acquired a new position in Clearwater Paper during the fourth quarter worth approximately $217,000. Cornerstone Investment Partners LLC acquired a new position in Clearwater Paper during the fourth quarter worth approximately $226,000. Aquatic Capital Management LLC increased its position in Clearwater Paper by 58.6% during the fourth quarter. Aquatic Capital Management LLC now owns 8,078 shares of the basic materials company’s stock worth $240,000 after buying an additional 2,984 shares during the last quarter. D.A. Davidson & CO. increased its position in Clearwater Paper by 10.1% during the fourth quarter. D.A. Davidson & CO. now owns 8,700 shares of the basic materials company’s stock worth $259,000 after buying an additional 800 shares during the last quarter. Finally, Centiva Capital LP acquired a new position in Clearwater Paper during the fourth quarter worth approximately $270,000. Institutional investors own 89.98% of the company’s stock.

Clearwater Paper Price Performance

Clearwater Paper stock opened at $29.28 on Monday. The company has a market capitalization of $476.01 million, a price-to-earnings ratio of 2.50 and a beta of 0.16. Clearwater Paper Co. has a 12 month low of $22.58 and a 12 month high of $57.13. The company has a current ratio of 1.70, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33. The stock’s 50 day moving average is $25.31 and its 200-day moving average is $27.15.

Clearwater Paper (NYSE:CLW) last issued its quarterly earnings results on Tuesday, April 29th. The basic materials company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.53). The company had revenue of $378.20 million for the quarter, compared to analyst estimates of $387.00 million. Clearwater Paper had a negative return on equity of 1.87% and a net margin of 10.54%.

Insider Buying and Selling

In related news, SVP Kari G. Moyes sold 1,132 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $1,952,907.22. This represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.55% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CLW has been the topic of several research reports. StockNews.com raised 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 issued a $37.00 target price on shares of Clearwater Paper in a research report on Tuesday, February 18th.

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.