Rothschild Asset Management Inc. boosted its stake in Potlatch Corporation (NASDAQ:PCH) by 65.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 180,866 shares of the real estate investment trust’s stock after buying an additional 71,262 shares during the period. Rothschild Asset Management Inc. owned approximately 0.45% of Potlatch Corporation worth $8,266,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of PCH. Flinton Capital Management LLC increased its position in shares of Potlatch Corporation by 28.3% in the first quarter. Flinton Capital Management LLC now owns 2,618 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 578 shares during the period. LS Investment Advisors LLC increased its position in shares of Potlatch Corporation by 18.2% in the second quarter. LS Investment Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 483 shares during the period. Sit Investment Associates Inc. increased its position in shares of Potlatch Corporation by 115.0% in the first quarter. Sit Investment Associates Inc. now owns 4,300 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 2,300 shares during the period. Worth Venture Partners LLC bought a new position in shares of Potlatch Corporation during the first quarter worth $204,000. Finally, First City Capital Management Inc. bought a new position in shares of Potlatch Corporation during the first quarter worth $206,000. Hedge funds and other institutional investors own 82.27% of the company’s stock.

Potlatch Corporation (NASDAQ:PCH) opened at 48.50 on Tuesday. The company’s 50-day moving average is $46.91 and its 200-day moving average is $45.13. The company has a market cap of $1.97 billion, a P/E ratio of 24.00 and a beta of 1.41. Potlatch Corporation has a 12 month low of $35.38 and a 12 month high of $49.00.

ILLEGAL ACTIVITY NOTICE: “Rothschild Asset Management Inc. Has $8.27 Million Stake in Potlatch Corporation (NASDAQ:PCH)” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/08/rothschild-asset-management-inc-has-8-27-million-stake-in-potlatch-corporation-nasdaqpch.html.

PCH has been the topic of a number of research analyst reports. Raymond James Financial, Inc. downgraded shares of Potlatch Corporation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 27th. DA Davidson downgraded shares of Potlatch Corporation from a “neutral” rating to an “underperform” rating and increased their price objective for the company from $40.00 to $44.00 in a research report on Tuesday, April 11th. BidaskClub upgraded shares of Potlatch Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Vertical Research upgraded shares of Potlatch Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, May 4th. Finally, Zacks Investment Research downgraded shares of Potlatch Corporation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 20th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. Potlatch Corporation has an average rating of “Hold” and a consensus target price of $45.80.

Potlatch Corporation Company Profile

Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products.

Want to see what other hedge funds are holding PCH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Potlatch Corporation (NASDAQ:PCH).

Institutional Ownership by Quarter for Potlatch Corporation (NASDAQ:PCH)

Receive News & Ratings for Potlatch Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Potlatch Corporation and related companies with MarketBeat.com's FREE daily email newsletter.