Clearwater Paper Corporation (NYSE:CLW) last announced its quarterly earnings results on Wednesday, August 2nd. Clearwater Paper Corporation's revenue for the quarter was down 1.6% on a year-over-year basis.
At the moment 5 analysts are watching Clearwater Paper Corporation (NASDAQ:CLW), 2 rate it "Buy", 1 "Outperform", 2 "Underperform", 0 "Sell", while 0 "Hold". During the same period previous year, the business earned $1.37 EPS.
The company reported second-quarter earnings of $8 million, or 48 cents per share, compared to $20.9 million, or $1.21 per share, for the same period a year ago.
Clearwater Paper Corporation (NYSE CLW) traded down 1.01% during trading on Wednesday, reaching $49.05. Vanguard Group Inc is the second biggest holder with 2 million shares now valued at 85.02 million whilst BlackRock Fund Advisors has 1 million shares valued at 64.97 million.
Total shares held by institutions as of the most recent company filings are 14,968,469 with a reported 397,065 bought and 991,708 sold. Mason Street Advisors LLC now owns 3,850 shares of the basic materials company's stock worth $216,000 after buying an additional 196 shares during the period.
Now insiders hold 942,739 shares in the business which makes up 5.74% of shares. US Bancorp DE now owns 3,714 shares of the basic materials company's stock worth $208,000 after buying an additional 35 shares during the period.
Receive Clearwater Paper Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearwater Paper Corporation with MarketBeat.com's FREE daily email newsletter. Finally, Allianz Asset Management AG increased its stake in Clearwater Paper Corporation by 203.1% in the fourth quarter.
A number of equities analysts recently weighed in on the stock. If you are accessing this piece on another website, it was illegally copied and reposted in violation of global trademark & copyright legislation. Clearwater Paper Corporation now has an average rating of "Hold" and a consensus price target of $60.50. Insiders own 2.41% of the company's stock. The stock was sold at an average price of $50.01, for a total transaction of $43,858.77. The correct version of this story can be viewed at https://weekherald.com/2017/08/02/jpmorgan-chase-co-reduces-stake-in-clearwater-paper-corporation-nyseclw-updated.html. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company's stock. Also, insider Michael S. Gadd sold 877 shares of Clearwater Paper Corporation stock in a transaction on Thursday, July 20th. Following the sale, the insider now owns 19,010 shares in the company, valued at $950,690.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Finally, Wedge Capital Management L L P NC raised its position in shares of Clearwater Paper Corporation by 12.2% in the first quarter. Dalton Greiner Hartman Maher & Co. raised its position in shares of Clearwater Paper Corporation by 2.3% in the first quarter. Institutional investors and hedge funds own 84.60% of the company's stock. The Company operates through two segments: Consumer Products segment, and Pulp and Paperboard segment.