Boston Partners boosted its stake in Orchids Paper Products Company (NYSEMKT:TIS) by 0.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 233,379 shares of the basic materials company’s stock after buying an additional 344 shares during the period. Boston Partners owned 2.27% of Orchids Paper Products worth $3,022,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Orchids Paper Products by 61.2% in the first quarter. Bank of America Corp DE now owns 5,480 shares of the basic materials company’s stock valued at $132,000 after buying an additional 2,080 shares during the period. American International Group Inc. increased its position in Orchids Paper Products by 7.0% in the first quarter. American International Group Inc. now owns 5,560 shares of the basic materials company’s stock valued at $133,000 after buying an additional 364 shares during the period. KCG Holdings Inc. purchased a new position in Orchids Paper Products during the first quarter valued at $203,000. Neuberger Berman Group LLC purchased a new position in Orchids Paper Products during the first quarter valued at $210,000. Finally, NJ State Employees Deferred Compensation Plan purchased a new position in Orchids Paper Products during the second quarter valued at $389,000.

Shares of Orchids Paper Products Company (TIS) opened at 9.79 on Tuesday. Orchids Paper Products Company has a 1-year low of $8.31 and a 1-year high of $30.38. The firm has a 50-day moving average of $11.21 and a 200-day moving average of $18.49. The firm has a market capitalization of $102.10 million, a PE ratio of 52.35 and a beta of 0.48.

Orchids Paper Products (NYSEMKT:TIS) last released its earnings results on Monday, August 7th. The basic materials company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.09. Orchids Paper Products had a negative net margin of 2.43% and a negative return on equity of 2.63%. The firm had revenue of $38.40 million during the quarter, compared to the consensus estimate of $37.90 million. During the same period in the prior year, the business posted $0.30 earnings per share. Orchids Paper Products’s quarterly revenue was down 2.5% compared to the same quarter last year. On average, equities research analysts anticipate that Orchids Paper Products Company will post $0.46 EPS for the current fiscal year.

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A number of brokerages recently commented on TIS. TheStreet downgraded shares of Orchids Paper Products from a “b-” rating to a “c” rating in a research report on Monday, May 1st. Zacks Investment Research raised shares of Orchids Paper Products from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Jefferies Group LLC reaffirmed a “hold” rating on shares of Orchids Paper Products in a research report on Tuesday, June 6th. Finally, ValuEngine raised shares of Orchids Paper Products from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st.

About Orchids Paper Products

Orchids Paper Products Company is a supplier of consumer tissue products. The Company produces bulk tissue paper, known as parent rolls, and converts parent rolls into finished products, including paper towels, bathroom tissue and paper napkins. The Company offers customers a range of private label products across the value, premium and ultra-premium market segments.

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Institutional Ownership by Quarter for Orchids Paper Products (NYSEMKT:TIS)

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