P H Glatfelter Co (NYSE:GLT) reached a new 52-week low on Monday . The stock traded as low as $13.96 and last traded at $14.14, with a volume of 6347 shares changing hands. The stock had previously closed at $14.39.

Several research firms have weighed in on GLT. ValuEngine downgraded shares of P H Glatfelter from a “buy” rating to a “hold” rating in a research note on Thursday, September 27th. DA Davidson decreased their price target on shares of P H Glatfelter to $19.00 and set a “buy” rating for the company in a research note on Wednesday, November 7th. Zacks Investment Research downgraded shares of P H Glatfelter from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 18th. Sidoti lifted their price target on shares of P H Glatfelter from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, October 10th. Finally, BMO Capital Markets lifted their price target on shares of P H Glatfelter from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, August 23rd. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $24.00.

The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.99 and a current ratio of 2.24. The stock has a market capitalization of $630.02 million, a P/E ratio of 11.78, a PEG ratio of 5.87 and a beta of 1.17.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 1st. Stockholders of record on Wednesday, October 3rd were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend was Tuesday, October 2nd. P H Glatfelter’s payout ratio is presently 44.83%.

Large investors have recently bought and sold shares of the company. Amica Retiree Medical Trust bought a new stake in shares of P H Glatfelter during the third quarter worth about $111,000. US Bancorp DE increased its position in shares of P H Glatfelter by 17,767.4% during the third quarter. US Bancorp DE now owns 7,683 shares of the basic materials company’s stock worth $147,000 after acquiring an additional 7,640 shares in the last quarter. UBS Group AG increased its position in shares of P H Glatfelter by 182.5% during the first quarter. UBS Group AG now owns 8,192 shares of the basic materials company’s stock worth $168,000 after acquiring an additional 5,292 shares in the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of P H Glatfelter during the second quarter worth about $199,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of P H Glatfelter during the third quarter worth about $200,000. 91.64% of the stock is owned by institutional investors.

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P H Glatfelter Company Profile (NYSE:GLT)

P. H. Glatfelter Company, together with its subsidiaries, manufactures and sells specialty papers and engineered materials worldwide. The company's Composite Fibers business unit offers food and beverage filtration paper for single-serve coffee and tea products; wall covering base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wrap, and other consumer product applications; composite laminate papers for use in production of decorative laminates, furniture, and flooring applications; and special paper products, which are used in electrical energy storage, transport and transmission, wipes, and other engineered fiber-based applications.

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