Louisiana State Employees Retirement System Invests in Clearwater Paper Company

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The Louisiana State Employees Retirement System (LASERS) has made a new strategic investment in Clearwater Paper ($NYSE:CLW) Corporation, a publicly traded company and manufacturer of consumer tissue, paperboard, and pulp products. Clearwater Paper is headquartered in Spokane, Washington, and produces products such as facial tissue, paper towels, bathroom tissue, and paper napkins. The company serves customers across North America, Europe, and Asia. It is recognized for its advanced production capabilities and its commitment to environmental sustainability. The company also maintains a strong presence in the stock market. Clearwater Paper’s common stock is traded on the New York Stock Exchange under the ticker symbol “CLW”.

As part of its new strategic investment in Clearwater Paper Corporation, LASERS will acquire a significant amount of the company’s common stock. This investment is expected to provide LASERS with a stable source of income and long-term capital appreciation. The new investment also aligns with LASERS’ mission to provide retirement security for Louisiana state employees. Overall, the Louisiana State Employees Retirement System’s new investment in Clearwater Paper Corporation represents a sound business decision that is expected to benefit both LASERS and Clearwater Paper in the long run.

Share Price

The stock opened at $36.3 and closed at $35.4, down by 3.3% from its previous closing price of 36.6. Their products are sold to retail stores, supermarkets, and other outlets, as well as to commercial and industrial customers. The company produces and sells a variety of products including paper towels, facial tissue, and napkins. The LASERS investment in Clearwater Paper is a positive sign of the company’s potential. The investment shows that they are confident in the company’s ability to succeed in the future. It also demonstrates that they have faith in the management team to make the right decisions that will benefit the company and its shareholders.

Clearwater Paper has a long history of success and is well-known for its quality products. They have a strong customer base and a loyal following. With the LASERS investment, the company is likely to see even more growth in the years to come. With this vote of confidence, Clearwater Paper is sure to be successful in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Clearwater Paper. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Clearwater Paper. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Clearwater Paper. More…

Key Ratios Snapshot

Some of the financial key ratios for Clearwater Paper are shown below. More…

VI Analysis

Clearwater Paper is a medium risk investment according to the VI Risk Rating. The rating is calculated by analyzing the company’s financial and business fundamentals, which reflect its long-term potential. The VI App has identified three risk warnings in the income statement, balance sheet and cash flow statement. The company’s debt-to-equity ratio is calculated to determine if the company is taking on a reasonable amount of debt compared to its assets and liabilities. The current ratio is an indicator of the company’s liquidity, and helps to determine if it has enough current assets to cover its short-term obligations. Additionally, the cash flow statement shows a company’s ability to generate cash and measure how much is being used for operations, investments, and financing activities. The VI App can provide a clear and concise snapshot of the company’s financial health, highlighting any risks that may be present. This data can be used to make informed investment decisions and ensure that the company is meeting its long-term potential. Investing in a company with low risk potential can provide greater returns in the long run. More…

VI Peers

The company operates in the United States, Canada, and China. Clearwater Paper Corp’s competitors include Yash Pakka Ltd, Neenah Inc, Shree Rama Newsprint Ltd, and many others.

– Yash Pakka Ltd ($BSE:516030)

Yash Pakka Ltd is an Indian company that produces and sells packaging products. The company has a market capitalization of 4.53 billion as of 2022 and a return on equity of 23.09%. Yash Pakka Ltd is a publicly traded company listed on the Bombay Stock Exchange.

– Neenah Inc ($BSE:500356)

Shree Rama Newsprint Ltd is an Indian newsprint manufacturer. It has a market cap of 2.28B as of 2022 and a return on equity of -7.72%. The company manufactures newsprint from recycled paper. It has a capacity of 150,000 metric tons per year.

Summary

The Louisiana State Employees Retirement System has recently invested in Clearwater Paper, a specialty paper products manufacturer. According to the analysis of the stock, the price of the stock dropped on the same day of the investment. It is important to note that investing in any stock carries certain risks and rewards, and investing in Clearwater Paper is no exception. Investors should consider a number of factors such as the company’s financial performance, potential for growth, and industry trends when making a decision.

Furthermore, investors should be aware of the stock’s volatility and potential for losses. Although investing in Clearwater Paper may be a good option for some investors, others should exercise caution before doing so.