Glatfelter Co (NASDAQ: GLT) Profit Outlook

Glatfelter Co day trading at USD 15.27 per share, then rallying to 15.63 and closing at USD 15.34 per share. A net gain of 0.45% for the day. Long term pricing analysis shows the stock trading at 17.86% lower than it’s 52week high and -61.16% higher than the 52week low. The share volume traded for the day was 98K which was 0 times the 50 Day Average Volume.

Glatfelter Co had a market cap of 679,740K as of 7th July 2020. The Earnings Per Share (EPS) for Q4 2019 is $-0.43

Glatfelter Co is a global manufacturer of specialty papers and engineered products, headquartered in York, Pennsylvania.

Financial Results

Glatfelter Co Reports First Quarter Of Fiscal 2020.

  • Net interest expense totaled $1.5 million in the first quarter of 2020 compared with $3.2 million.
  • In the first quarter of 2020, income from continuing operations totaled $10.0 million, and income tax expense totaled $2.6 million.
  • Cash and cash equivalents totaled $104.2 million as of March 31, 2020, and net debt was $246.3 million compared with $233.7 million at the end of 2019.

Glatfelter Co (7th July 2020): The Institutional Ownership as of today stood at 93.71% and the Total Value of Holdings (millions) is $ 644

New Institutional Holders and other activity – As of today, the total number of shares held is, 41,525,269 by 174 institutional holders.

LATEST NEWS:

7-July-2020:- State of Tennessee Treasury Department Buys 20,747 Shares of P H Glatfelter Co (NYSE: GLT)

State of Tennessee Treasury Department increased its stake in P H Glatfelter Co (NYSE: GLT) by 141.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,457 shares of the basic materials company’s stock after acquiring an additional 20,747 shares during the quarter.

2-July-2020:- Engineers Gate Manager LP Acquires New Position in P H Glatfelter Co (NYSE: GLT)

Engineers Gate Manager LP bought a new stake in P H Glatfelter Co (NYSE: GLT) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 25,129 shares of the basic materials company’s stock, valued at approximately $307,000.

30-June-2020:- Thrivent Financial for Lutherans Has $452,000 Stock Holdings in P H Glatfelter Co (NYSE: GLT)

Thrivent Financial for Lutherans lifted its position in shares of P H Glatfelter Co (NYSE: GLT) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,019 shares of the basic materials company’s stock after purchasing an additional 1,848 shares during the period.

 

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