Clearwater Paper Corp. (NYSE:CLW) hit a new 52-week high on Monday . The company traded as high as $66.90 and last traded at $66.84, with a volume of 53,040 shares traded. The stock had previously closed at $65.31.

A number of equities research analysts have recently weighed in on CLW shares. Sidoti started coverage on Clearwater Paper Corp. in a research report on Wednesday, June 22nd. They issued a “buy” rating and a $80.00 price objective on the stock. Zacks Investment Research upgraded Clearwater Paper Corp. from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research report on Monday, May 2nd. TheStreet upgraded Clearwater Paper Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, April 28th. DA Davidson lowered Clearwater Paper Corp. from a “buy” rating to a “neutral” rating and set a $65.00 price target on the stock. in a research report on Thursday, May 12th. They noted that the move was a valuation call. Finally, Macquarie restated an “outperform” rating and set a $75.00 price target (up from $66.00) on shares of Clearwater Paper Corp. in a research report on Wednesday, June 8th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $66.00.

The stock’s 50-day moving average price is $63.23 and its 200 day moving average price is $50.84. The company has a market capitalization of $1.14 billion and a price-to-earnings ratio of 17.92.

Clearwater Paper Corp. (NYSE:CLW) last issued its quarterly earnings data on Thursday, April 28th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.14. The company had revenue of $437.20 million for the quarter, compared to analysts’ expectations of $429.08 million. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the company earned $0.36 earnings per share. On average, equities analysts forecast that Clearwater Paper Corp. will post $4.09 EPS for the current fiscal year.

Other large investors recently modified their holdings of the company. Morgan Stanley increased its stake in shares of Clearwater Paper Corp. by 3.8% in the fourth quarter. Morgan Stanley now owns 46,191 shares of the company’s stock worth $2,103,000 after buying an additional 1,702 shares during the period. Rhumbline Advisers increased its stake in shares of Clearwater Paper Corp. by 8.1% in the fourth quarter. Rhumbline Advisers now owns 26,753 shares of the company’s stock worth $1,218,000 after buying an additional 1,995 shares during the period. California Public Employees Retirement System increased its stake in shares of Clearwater Paper Corp. by 1.6% in the fourth quarter. California Public Employees Retirement System now owns 124,156 shares of the company’s stock worth $5,653,000 after buying an additional 2,000 shares during the period. LSV Asset Management increased its stake in shares of Clearwater Paper Corp. by 3.0% in the fourth quarter. LSV Asset Management now owns 264,559 shares of the company’s stock worth $12,045,000 after buying an additional 7,600 shares during the period. Finally, SECOR Capital Advisors LP increased its stake in shares of Clearwater Paper Corp. by 76.2% in the fourth quarter. SECOR Capital Advisors LP now owns 24,691 shares of the company’s stock worth $1,124,000 after buying an additional 10,681 shares during the period.

Clearwater Paper Corporation manufactures quality consumer tissue, away-from-home (AFH), tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities across the nation. The Company is a supplier of private label tissue to retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores.

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