California Public Employees Retirement System held its position in shares of Orchids Paper Products (NYSEAMERICAN:TIS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,100 shares of the basic materials company’s stock at the end of the 2nd quarter. California Public Employees Retirement System owned 0.24% of Orchids Paper Products worth $325,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Neuberger Berman Group LLC raised its position in Orchids Paper Products by 16.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 10,150 shares of the basic materials company’s stock worth $131,000 after buying an additional 1,400 shares during the last quarter. Rhumbline Advisers raised its position in Orchids Paper Products by 6.8% during the 2nd quarter. Rhumbline Advisers now owns 10,092 shares of the basic materials company’s stock worth $131,000 after buying an additional 646 shares during the last quarter. Icon Advisers Inc. Co. purchased a new position in Orchids Paper Products during the 2nd quarter worth $131,000. Wilen Investment Management CORP. raised its position in Orchids Paper Products by 20.5% during the 2nd quarter. Wilen Investment Management CORP. now owns 10,571 shares of the basic materials company’s stock worth $132,000 after buying an additional 1,800 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Orchids Paper Products by 61.2% during the 1st quarter. Bank of America Corp DE now owns 5,480 shares of the basic materials company’s stock worth $132,000 after buying an additional 2,080 shares during the last quarter.

Shares of Orchids Paper Products (NYSEAMERICAN TIS) traded down $0.09 on Monday, hitting $13.79. 17,300 shares of the stock were exchanged, compared to its average volume of 138,190. Orchids Paper Products has a 1-year low of $8.31 and a 1-year high of $30.38.

A number of equities analysts have commented on the stock. ValuEngine upgraded shares of Orchids Paper Products from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Zacks Investment Research upgraded shares of Orchids Paper Products from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 26th. Finally, TheStreet downgraded shares of Orchids Paper Products from a “c” rating to a “d+” rating in a research report on Monday, August 7th.

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Orchids Paper Products Company Profile

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 (NYSEAMERICAN:TIS)

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