Cambridge Investment Research Advisors Inc. lessened its position in Orchids Paper Products Company (NYSEMKT:TIS) by 2.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,594 shares of the basic materials company’s stock after selling 453 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.15% of Orchids Paper Products worth $202,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TIS. Teachers Advisors LLC raised its stake in shares of Orchids Paper Products by 51.1% in the 4th quarter. Teachers Advisors LLC now owns 21,180 shares of the basic materials company’s stock worth $554,000 after buying an additional 7,162 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Orchids Paper Products in the 1st quarter worth $396,000. Bank of New York Mellon Corp raised its stake in shares of Orchids Paper Products by 4.0% in the 1st quarter. Bank of New York Mellon Corp now owns 159,262 shares of the basic materials company’s stock worth $3,823,000 after buying an additional 6,110 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Orchids Paper Products by 20.6% in the 1st quarter. Ameriprise Financial Inc. now owns 84,611 shares of the basic materials company’s stock worth $2,032,000 after buying an additional 14,432 shares in the last quarter. Finally, American International Group Inc. raised its stake in shares of Orchids Paper Products by 7.0% in the 1st quarter. American International Group Inc. now owns 5,560 shares of the basic materials company’s stock worth $133,000 after buying an additional 364 shares in the last quarter.

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TIS has been the topic of a number of recent research reports. ValuEngine cut Orchids Paper Products from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Jefferies Group LLC restated a “hold” rating on shares of Orchids Paper Products in a report on Tuesday, June 6th. TheStreet cut Orchids Paper Products from a “c” rating to a “d+” rating in a report on Monday, August 7th. Finally, Zacks Investment Research upgraded Orchids Paper Products from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th.

Orchids Paper Products Company (NYSEMKT:TIS) opened at 13.33 on Friday. Orchids Paper Products Company has a one year low of $8.31 and a one year high of $30.38. The firm has a market capitalization of $139.02 million, a PE ratio of 71.28 and a beta of 0.48. The company has a 50 day moving average price of $10.73 and a 200-day moving average price of $16.04.

Orchids Paper Products (NYSEMKT:TIS) last posted its quarterly earnings results on Monday, August 7th. The basic materials company reported ($0.12) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.09). The company had revenue of $38.40 million during the quarter, compared to analyst estimates of $37.90 million. Orchids Paper Products had a negative net margin of 5.32% and a negative return on equity of 6.37%. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. On average, equities analysts predict that Orchids Paper Products Company will post ($0.08) EPS for the current year.

Orchids Paper Products Company Profile

Orchids Paper Products Company is a supplier of consumer tissue products. The Company produces bulk tissue paper, known as parent rolls, and converts parent rolls into finished products, including paper towels, bathroom tissue and paper napkins. The Company offers customers a range of private label products across the value, premium and ultra-premium market segments.

Institutional Ownership by Quarter for Orchids Paper Products (NYSEMKT:TIS)

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