Russell Investments Group Ltd. Sells 3,947 Shares of Veritiv Co. (NYSE:VRTV)

Russell Investments Group Ltd. cut its position in Veritiv Co. (NYSE:VRTVGet Rating) by 12.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,116 shares of the basic materials company’s stock after selling 3,947 shares during the quarter. Russell Investments Group Ltd. owned about 0.18% of Veritiv worth $3,624,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Mutual of America Capital Management LLC raised its stake in shares of Veritiv by 5.4% during the 1st quarter. Mutual of America Capital Management LLC now owns 1,997 shares of the basic materials company’s stock valued at $267,000 after purchasing an additional 102 shares during the period. State Board of Administration of Florida Retirement System raised its stake in shares of Veritiv by 2.3% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 6,183 shares of the basic materials company’s stock valued at $758,000 after purchasing an additional 141 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Veritiv by 12.2% during the 1st quarter. Nisa Investment Advisors LLC now owns 1,310 shares of the basic materials company’s stock valued at $175,000 after purchasing an additional 142 shares during the period. New York State Teachers Retirement System raised its stake in shares of Veritiv by 1.3% during the 1st quarter. New York State Teachers Retirement System now owns 23,201 shares of the basic materials company’s stock valued at $3,099,000 after purchasing an additional 300 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in shares of Veritiv by 13.5% during the 4th quarter. Teacher Retirement System of Texas now owns 2,772 shares of the basic materials company’s stock valued at $340,000 after purchasing an additional 329 shares during the period. 88.32% of the stock is currently owned by institutional investors.

Veritiv Price Performance

Shares of NYSE VRTV opened at $140.54 on Friday. The firm has a market capitalization of $2.06 billion, a P/E ratio of 8.05, a P/E/G ratio of 0.51 and a beta of 2.13. The company has a quick ratio of 1.52, a current ratio of 2.01 and a debt-to-equity ratio of 0.58. The stock’s 50-day simple moving average is $120.51 and its two-hundred day simple moving average is $123.27. Veritiv Co. has a twelve month low of $76.83 and a twelve month high of $161.10.

Veritiv Company Profile

(Get Rating)

Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States and internationally. The company operates through four segments: Packaging, Facility Solutions, Print, and Publishing and Print Management (Publishing).

Further Reading

Want to see what other hedge funds are holding VRTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Veritiv Co. (NYSE:VRTVGet Rating).



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

Leave a Reply

Your email address will not be published. Required fields are marked *