Investors sentiment increased to 1.17 in Q2 2018. Its up 0.19, from 0.98 in 2018Q1. It improved, as 44 investors sold International Paper Company shares while 221 reduced holdings. 79 funds opened positions while 230 raised stakes. 329.74 million shares or 0.92% less from 332.80 million shares in 2018Q1 were reported.
367,188 were reported by Brandywine Glob Ltd Limited Liability Company. Gofen & Glossberg Limited Co Il owns 4,343 shares or 0.01% of their US portfolio. Norinchukin Comml Bank The has invested 0.04% in International Paper Company (NYSE:IP). Wunderlich Managemnt reported 20,141 shares stake. Savant Limited Liability Corporation has 0.07% invested in International Paper Company (NYSE:IP). Meiji Yasuda Asset Management Company Ltd holds 0.05% or 10,142 shares in its portfolio. State Of Tennessee Treasury Department holds 0.03% or 99,156 shares in its portfolio. Richard Bernstein Advsr Ltd Company invested in 67,858 shares or 0.11% of the stock. Manufacturers Life Com The holds 0.02% in International Paper Company (NYSE:IP) or 434,970 shares. Ls Inv Advsr Lc has invested 0.06% of its portfolio in International Paper Company (NYSE:IP). Afam reported 34,027 shares. 19,516 are owned by American Natl Bank. Ionic Mgmt Lc reported 10,000 shares or 0.03% of all its holdings. Susquehanna Int Group Inc Ltd Liability Partnership accumulated 7,015 shares. 1,690 are owned by First Mercantile Tru Company.
Since June 14, 2018, it had 1 buy, and 5 sales for $3.54 million activity. Nicholls Timothy S sold $893,088 worth of International Paper Company (NYSE:IP) on Tuesday, August 28. Ealy Carleton C had sold 22,000 shares worth $1.25 million on Thursday, June 14. Amick W. Michael Jr. also sold $610,505 worth of International Paper Company (NYSE:IP) shares. The insider Ribieras JeanMichel sold 10,000 shares worth $542,049. $11,126 worth of stock was bought by BONNOT VINCENT P on Monday, June 18.
International Paper Company (NYSE:IP) Ratings Coverage
Among 9 analysts covering International Paper Co (NYSE:IP), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. International Paper Co had 14 analyst reports since June 1, 2018 according to SRatingsIntel. BMO Capital Markets downgraded the stock to “Market Perform” rating in Tuesday, October 9 report. The company was maintained on Monday, July 30 by Barclays Capital. As per Monday, July 9, the company rating was maintained by Wells Fargo. Barclays Capital maintained the stock with “Underweight” rating in Monday, October 29 report. As per Thursday, October 11, the company rating was maintained by Citigroup. The firm earned “Outperform” rating on Friday, July 27 by BMO Capital Markets. The firm has “Buy” rating given on Wednesday, June 6 by RBC Capital Markets. Goldman Sachs downgraded the shares of IP in report on Wednesday, October 10 to “Neutral” rating. On Wednesday, June 6 the stock rating was upgraded by BMO Capital Markets to “Buy”. The stock has “Buy” rating by Argus Research on Monday, October 29. Below is a list of International Paper Company (NYSE:IP) latest ratings and price target changes.
29/10/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $45 New Target: $44 Maintain
29/10/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $70 New Target: $55 Maintain
23/10/2018 Broker: Seaport Global Rating: Neutral Initiates Coverage On
11/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $67 New Target: $51 Maintain
10/10/2018 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade
09/10/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform Old Target: $66 New Target: $51 Downgrade
30/07/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $55 New Target: $52 Maintain
27/07/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $70 New Target: $66 Maintain
23/07/2018 Broker: Citigroup Rating: Buy New Target: $65 Maintain
09/07/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $70 New Target: $62 Maintain
The stock increased 0.84% or $0.38 during the last trading session, reaching $45.78. About 2.14 million shares traded. International Paper Company (NYSE:IP) has declined 6.52% since November 14, 2017 and is downtrending. It has underperformed by 22.14% the S&P500.
International Paper Company operates as a paper and packaging firm in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company has market cap of $18.54 billion. The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging. It has a 6.05 P/E ratio. The Industrial Packaging segment makes containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.