Starboard Value LP Raises Stake in Wausau Paper (WPP) to 11.71%
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Price: $10.29 +0.59%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.2%
EPS Growth %: -140.0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.2%
EPS Growth %: -140.0%
Trade WPP Now!
In a 13D filing on Wausau Paper (NYSE: WPP), hedge fund Starboard Value LP disclosed a 11.71%, or 5,775,000 share, stake in the company. This is up 26.23% from the 4,575,000 shares held at the end of the latest quarter ending June 30, 2012.
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