International Paper Co (NYSE:IP) Stock Price While Sentiment Falls to 0.98

June 27, 2018 - By Alice Reed

International Paper Company (NYSE:IP) Corporate Logo

Positions for International Paper Co (NYSE:IP)

In 2018 Q1 International Paper Co (NYSE:IP) big money sentiment decreased to 0.98, SEC filings reveal. So its down -0.19, from 2017Q4’s 1.17. 298 hedge funds increased or opened new stock positions, while 303 trimmed and sold stakes in International Paper Co so the sentiment is negative. 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.

Most International Paper Co Investors

Salem Capital Management Inc owns 140,520 shares in International Paper Co as of 2018 Q1. As of 2018 Q1, 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. The Connecticut-based fund Sound Shore Management Inc Ct have invested about 3.28% of the investment professional’s stock portfolio 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.

IP touched $53.495 during the last trading session after $0.295 change.International Paper Company has volume of 413,296 shares. Since June 27, 2017 IP has risen 3.78% and is uptrending. IP underperformed by 8.79% the S&P 500.

International Paper Company (NYSE:IP)’s quarterly earnings will be reported on July, 26., RTT reports. The earnings per share diference is $0.47 or 72.31 % up from last years number. Previous year: $0.65; Analysts forcast: $1.12. IP’s profit could hit $463.79M if the current earnings per share of $1.12 is accurate. 19.15 % EPS growth is what analysts predict. $0.94 earnings per share was reported for last quarter.

Nomura owns 80,753 shs for 0% of their capital. Community Bancorporation Na has invested 0% of its capital in International Paper Company (NYSE:IP). Icm Asset Wa owns 1.53% invested in International Paper Company (NYSE:IP) for 26,943 shs. Vanguard Group reported 0.07% in International Paper Company (NYSE:IP). Asset Mgmt stated it has 11,032 shs. First Company holds 61,756 shs. Retirement Sys Of Alabama holds 0.05% or 197,268 shs. Clark Management Grp reported 378,694 shs. Spears Abacus Advisors Limited Liability Company reported 6,470 shs or 0.05% of all its holdings. Cibc Markets holds 20,364 shs or 0% of its capital. 425,262 are owned by Nikko Asset Mgmt Americas. Cypress Mngmt Ltd invested in 5,500 shs or 0.06% of the stock. Tci Wealth Advsrs holds 0% of its capital in International Paper Company (NYSE:IP) for 54 shs. Royal Bank & Trust Of Canada owns 573,385 shs. Caprock Group Incorporated accumulated 7,753 shs or 0.09% of the stock.

International Paper Company had 2 insider sales and 1 insider purchase since June 14, 2018. This’s net activity of $1.85 million. The insider BONNOT VINCENT P bought 200 shs worth $11,126. 22,000 shs were sold by Ealy Carleton C, worth $1.25M.

International Paper Company (NYSE:IP) Ratings Coverage

A total of 8 analysts rate International Paper Company (NYSE:IP) as follows: 5 “Buy”, 2 “Hold” and 1 “Sell”. Тherefore 63% are bullish. The firm has $70.0 highest and $5300 lowest target. The avg target $65.50 is 22.44% above the last ($53.495) price. (NYSE:IP) has 16 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Wednesday, June 6 the stock has “Buy” rating by RBC Capital Markets. In Tuesday, January 2 report Bank of America upgraded the stock to “Buy” rating. On Tuesday, April 17 the company was downgraded by RBC Capital Markets. On Thursday, February 1 the stock has “Buy” rating by Bank of America. In Thursday, January 11 report RBC Capital Markets maintained the stock with “Buy” rating. On Wednesday, March 7 the firm has “Market Perform” rating by Wells Fargo given. In Wednesday, January 10 report Stephens maintained the stock with “Hold” rating. In Tuesday, March 27 report Wells Fargo maintained it with “Hold” rating and $5300 target. On Wednesday, June 6 the company was upgraded by BMO Capital Markets. On Wednesday, March 7 the stock has “Market Perform” rating by BMO Capital Markets.

There’s a substantial International Paper Company (NYSE:IP) news posted 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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