September 7, 2017 – By Stephen Andrade
Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.26, from 1.23 in 2016Q3. It fall, as 64 investors sold International Paper Co shares while 255 reduced holdings. 75 funds opened positions while 234 raised stakes. 332.47 million shares or 2.22% more from 325.25 million shares in 2016Q3 were reported.
Moreover, Wesbanco Bancorporation has 0.05% invested in International Paper Co (NYSE:IP). Moreover, Credit Suisse Ag has 0.05% invested in International Paper Co (NYSE:IP). State Bank Va reported 3.51% stake. Bradley Foster And Sargent Inc Ct reported 11,803 shares or 0.03% of all its holdings. Price T Rowe Associates Md holds 0.17% or 16.41 million shares in its portfolio. Martin Currie Limited owns 0.88% invested in International Paper Co (NYSE:IP) for 177,500 shares. Winch Advisory Svcs Ltd Liability Company has invested 0.52% in International Paper Co (NYSE:IP). Town & Country Savings Bank & Com Dba First Bankers Com holds 0.48% in International Paper Co (NYSE:IP) or 16,479 shares. Pettyjohn Wood And White, Virginia-based fund reported 26,748 shares. Wellington Mngmt Gp Limited Liability Partnership, Massachusetts-based fund reported 28.08 million shares. Jennison Associate Limited Liability holds 0% in International Paper Co (NYSE:IP) or 6,652 shares. Schroder Invest Mgmt Gru reported 1.04 million shares. Korea Inv reported 173,561 shares or 0.04% of all its holdings. Waddell & Reed has 1.74 million shares for 0.2% of their portfolio. Kbc Group Inc Nv holds 0.17% or 327,260 shares in its portfolio.
Since March 16, 2017, it had 0 insider buys, and 1 insider sale for $532,663 activity. The insider Amick W. Michael Jr. sold 10,351 shares worth $532,663.
International Paper Co (NYSE:IP) Ratings Coverage
Among 14 analysts covering International Paper Company (NYSE:IP), 7 have Buy rating, 2 Sell and 5 Hold. Therefore 50% are positive. International Paper Company had 50 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, July 11. RBC Capital Markets maintained the shares of IP in report on Sunday, August 20 with “Buy” rating. Jefferies maintained the shares of IP in report on Friday, June 2 with “Buy” rating. The company was downgraded on Tuesday, May 3 by Jefferies. The firm has “Neutral” rating by DA Davidson given on Friday, February 3. The rating was maintained by BMO Capital Markets on Friday, July 14 with “Buy”. On Thursday, July 27 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. Deutsche Bank maintained the shares of IP in report on Wednesday, August 10 with “Hold” rating. The firm has “Neutral” rating given on Tuesday, August 2 by Citigroup. Citigroup maintained International Paper Co (NYSE:IP) rating on Wednesday, August 31. Citigroup has “Neutral” rating and $53 target. Below is a list of International Paper Co (NYSE:IP) latest ratings and price target changes.
20/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $65.0 Maintain
16/08/2017 Broker: Jefferies Rating: Buy New Target: $66.0 Maintain
15/08/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0 Maintain
14/08/2017 Broker: DA Davidson Old Rating: Neutral New Rating: Buy Upgrade
28/07/2017 Broker: Vertical Research Rating: Buy
27/07/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
19/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $65.0000 Maintain
14/07/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0000 Maintain
13/07/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
11/07/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
About 620,104 shares traded. International Paper Co (NYSE:IP) has risen 26.95% since September 7, 2016 and is uptrending. It has outperformed by 10.25% the S&P500.
International Paper Company is a paper and packaging firm with primary markets and manufacturing activities in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The company has market cap of $22.62 billion. The Company’s divisions include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging. It has a 27.76 P/E ratio. The Firm is a maker of containerboard in the United States.
More notable recent International Paper Co (NYSE:IP) news were published by: Bizjournals.com which released: “Harvey: How IP’s Texas facilities are faring” on August 29, 2017, also Bizjournals.com with their article: “IP now ‘facing operational issues’ at Texas facilities” published on August 30, 2017, Investorplace.com published: “Trade of the Day: International Paper Co (IP)” on August 15, 2017. More interesting news about International Paper Co (NYSE:IP) were released by: Bizjournals.com and their article: “Why IP’s CEO is staying on Trump’s manufacturing council” published on August 15, 2017 as well as Bizjournals.com‘s news article titled: “Memphis company to donate $1M and 100K boxes to hurricane relief” with publication date: August 30, 2017.
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