Trutina Financial Lowers stake in CLARCOR (CLC)

CLARCOR (CLC) : Trutina Financial reduced its stake in CLARCOR by 1.36% during the most recent quarter end. The investment management company now holds a total of 27,870 shares of CLARCOR which is valued at $1,753,859 after selling 385 shares in CLARCOR , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.CLARCOR makes up approximately 2.08% of Trutina Financial’s portfolio.

Other Hedge Funds, Including , Norris Perne French Llpmi sold out all of its stake in CLC during the most recent quarter. The investment firm sold 6,116 shares of CLC which is valued $384,880.Capstone Asset Management Co boosted its stake in CLC in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 3,846 shares of CLARCOR which is valued at $238,798. CLARCOR makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Loring Wolcott Coolidge Fiduciary Advisors Llpma reduced its stake in CLC by selling 100 shares or 3.9% in the most recent quarter. The Hedge Fund company now holds 2,467 shares of CLC which is valued at $153,176.Bnp Paribas Arbitrage Sa boosted its stake in CLC in the latest quarter, The investment management firm added 21,592 additional shares and now holds a total of 21,630 shares of CLARCOR which is valued at $1,324,621. CLARCOR makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio. Stock Yards Bank Trust Co sold out all of its stake in CLC during the most recent quarter. The investment firm sold 6,000 shares of CLC which is valued $358,560.

CLARCOR closed down -0.39 points or -0.62% at $62.26 with 3,10,574 shares getting traded on Friday. Post opening the session at $62.68, the shares hit an intraday low of $62.05 and an intraday high of $62.78 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, CLARCOR reported $0.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jan 13, 2016. Analyst had a consensus of $0.72. The company had revenue of $372.50 million for the quarter, compared to analysts expectations of $378.76 million. The company’s revenue was down -9.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.86 EPS.

CLARCOR Inc. is engaged in the marketing and manufacturing of mobile industrial and environmental filtration products. The Company’s segments are Engine/Mobile Filtration and Industrial/Environmental Filtration. The Company’s Engine/Mobile Filtration segment manufactures and sells filtration products for on-road and off-road mobile and stationary applications including trucks agricultural machinery construction and mining equipment marine automobiles transit buses and other industrial and specialty applications. The Company’s Industrial/Environmental Filtration segment manufactures and sells filtration products used in industrial and commercial processes and in buildings and infrastructures of various types. The Company’s filters and filter systems are used in commercial and industrial buildings hospitals manufacturing processes pharmaceutical processes clean rooms airports shipyards and refineries other oil and natural gas facilities among others.

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