Sentiment Change Report: International Paper Co (NYSE:IP) at 0.98

June 27, 2018 - By Maria Robertson

International Paper Company (NYSE:IP) Corporate Logo

Positions for International Paper Co (NYSE:IP)

“Big money sentiment for International Paper Co (NYSE:IP) in Q1 2018 decreased to 0.98, according to SEC filings. That’s down -0.19, from 2017Q4’s 1.17. 298 investment professionals increased and opened new holdings, while 303 sold and reduced their holdings in International Paper Co so the sentiment worsened. These funds own 332.80 million shares, that’s up from 331.84 million shares in 2017Q4. Funds holding International Paper Co in top 10 was flat from 9 to 9 for the same number . In total 65 funds closed positions, 238 reduced and 212 increased. Also 86 funds bought new International Paper Co stakes.

Largest International Paper Co Shareholders

As of Q1 2018 Salem Capital Management Inc has 4.08% invested in International Paper Co. As of Q1 2018, 103,831 shares of International Paper Co are owned by First Dallas Securities Inc.. Further, Colrain Capital Llc reported 63,995 shares in International Paper Co equivalent to 3.62% of its fund’s portfolio. Sound Shore Management Inc Ct revealed 3.79 million shares position in International Paper Co. The California-based fund Rnc Capital Management Llc holds 808,545 shares or 3.19% of their fund’s portfolio.

International Paper Company operates as a paper and packaging firm in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East.The firm is worth $22.15 billion. The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging.The P/E ratio is 8.4. The Industrial Packaging segment makes containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

Ticker’s shares touched $53.495 during the last trading session after 0.55% change.Currently International Paper Company is uptrending after 3.78% change in last June 27, 2017. IP has 413,296 shares volume. The stock underperformed the S&P500 by 8.79%.

On July, 26. Investors expect International Paper Company (NYSE:IP) to announce its quarterly earnings, RTT reports. Analysts expect change of 72.31 % or $0.47 from previous year’s $0.65 earnings per share compared to current’s $1.12 earnings per share. This could reach $463.79 million profit for IP assuming the current $1.12 earnings per share will become reality. After $0.94 EPS report previous quarter, Wall Street now sees 19.15 % EPS growth of International Paper Company.

Ent Fin Svcs reported 1,171 shs stake. Td Asset Mngmt invested in 148,293 shs. Natixis Advsr Limited Partnership stated it has 0.05% in International Paper Company (NYSE:IP). Wesbanco Bank reported 25,604 shs. 750 are held by Wealthtrust. Arizona State Retirement System stated it has 120,631 shs or 0.07% of all its holdings. Tiverton Asset Mgmt Limited Liability Corporation holds 0.02% of its capital in International Paper Company (NYSE:IP) for 5,875 shs. 78,166 were accumulated by Dubuque Retail Bank. Janney Montgomery Scott Limited Com holds 169,546 shs. Burt Wealth Advisors stated it has 0.01% in International Paper Company (NYSE:IP). James Invest Incorporated owns 31,970 shs for 0.06% of their capital. First Republic Inv Management stated it has 9,910 shs. Cim Investment Mangement has invested 0.33% in International Paper Company (NYSE:IP). Strs Ohio invested in 0% or 11,052 shs. Fred Alger Management Inc, New York-based fund reported 1.10 million shs.

International Paper Company registered $1.85 million net activity with 1 insider buy and 2 selling transactions since June 14, 2018. On Monday, June 18 the insider Amick W. Michael Jr. sold $610,505. Shares for $1.25 million were sold by Ealy Carleton C.

International Paper Company (NYSE:IP) Ratings Coverage

In total 8 analysts cover International Paper Company (NYSE:IP). “Buy” rating has 5, “Sell” are 1, while 2 are “Hold”. 63% are bullish. With $70.0 highest and $5300 lowest PT International Paper Company has $65.50 average PT or 22.44% above the current ($53.495) price. 16 are the (NYSE:IP)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Wednesday, March 7 the rating was downgraded by BMO Capital Markets to “Market Perform”. On Monday, February 12 the stock of International Paper Company (NYSE:IP) earned “Underweight” rating by Barclays Capital. The stock rating was maintained by Wells Fargo with “Buy” on Monday, January 8. On Tuesday, January 2 the firm has “Buy” rating by Bank of America given. In Wednesday, January 10 report Stephens maintained it with “Hold” rating and $66.0 target. On Thursday, January 11 the stock of International Paper Company (NYSE:IP) has “Buy” rating given by RBC Capital Markets. On Wednesday, June 6 the stock of International Paper Company (NYSE:IP) earned “Buy” rating by RBC Capital Markets. On Wednesday, March 7 Wells Fargo downgraded International Paper Company (NYSE:IP) to “Market Perform” rating. On Thursday, January 25 the firm has “Buy” rating given by BMO Capital Markets. On Tuesday, April 17 the stock of International Paper Company (NYSE:IP) has “Hold” rating given by RBC Capital Markets.

There’s a significant International Paper Company (NYSE:IP) news brought out by Seekingalpha.com. It’s a report titled: “International Paper: Buy The Record Growth” on June 05, 2018.

International Paper Company (NYSE:IP) Institutional Investors Chart

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