Potlatch Corporation (NASDAQ:PCH) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

PCH has been the topic of a number of other reports. Zacks Investment Research downgraded shares of Potlatch Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. BMO Capital Markets reissued a “hold” rating and set a $40.00 price target on shares of Potlatch Corporation in a report on Thursday, July 20th. Raymond James Financial, Inc. downgraded shares of Potlatch Corporation from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 27th. UBS AG downgraded shares of Potlatch Corporation from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 27th. Finally, Vertical Research raised shares of Potlatch Corporation from a “sell” rating to a “hold” rating in a report on Thursday, May 4th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $45.80.

Shares of Potlatch Corporation (NASDAQ:PCH) traded down 0.45% during mid-day trading on Friday, hitting $44.15. 107,491 shares of the stock traded hands. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 21.85 and a beta of 1.41. The firm has a 50 day moving average of $46.92 and a 200 day moving average of $45.60. Potlatch Corporation has a 12 month low of $35.38 and a 12 month high of $49.00.

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A number of institutional investors have recently bought and sold shares of the stock. D.A. Davidson & CO. increased its position in Potlatch Corporation by 19.4% in the second quarter. D.A. Davidson & CO. now owns 2,600 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 423 shares during the last quarter. Flinton Capital Management LLC increased its position in Potlatch Corporation by 28.3% in the first quarter. Flinton Capital Management LLC now owns 2,618 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 578 shares during the last quarter. LS Investment Advisors LLC increased its position in Potlatch Corporation by 18.2% in the second quarter. LS Investment Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock valued at $143,000 after buying an additional 483 shares during the last quarter. Riverhead Capital Management LLC increased its position in Potlatch Corporation by 75.3% in the second quarter. Riverhead Capital Management LLC now owns 3,331 shares of the real estate investment trust’s stock valued at $152,000 after buying an additional 1,431 shares during the last quarter. Finally, Sit Investment Associates Inc. increased its position in Potlatch Corporation by 115.0% in the first quarter. Sit Investment Associates Inc. now owns 4,300 shares of the real estate investment trust’s stock valued at $197,000 after buying an additional 2,300 shares during the last quarter. 80.72% of the stock is currently owned by institutional investors and hedge funds.

Potlatch Corporation Company Profile

Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products.

Analyst Recommendations for Potlatch Corporation (NASDAQ:PCH)

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