International Paper Company (IP) Position Decreased by Lsv Asset Management Last Quarter

Rational Advisors LLC acquired a new position in shares of International Paper in the 3rd quarter worth approximately $108,000. It is positive, as 63 investors sold International Paper Co shares while 228 reduced holdings.

Several firms have shifted positions in (IP). Moreover, Invesco Ltd has 0.2% invested in International Paper Co (NYSE:IP) for 11.54 million shares. SPC Financial Inc. now owns 7,700 shares of the company's stock worth $326,000 after buying an additional 300 shares in the last quarter. This is a boost from International Paper's previous quarterly dividend of $0.46. Mechanics Bank Trust Department now owns 4,467 shares of the basic materials company's stock worth $253,000 after purchasing an additional 26 shares in the last quarter.

Lsv Asset Management sold 42,361 shares in quarter ending 09/30/2017 decreasing its exposure to International Paper Company by 0.9%. Ffcm LLC lifted its holdings in shares of International Paper by 148.0% in the 2nd quarter. As of the last earnings report the EPS was $2.17 with 448.90M shares presently outstanding. Hedge funds and other institutional investors own 82.63% of the company's stock.

International Paper Company (IP) stock go up so far this year; showing a rise of 2.39% and dropped with negative flow of -1.67% during recent week. IP exchanged 1.24 million shares in recent session versus to the average volume of 1.76 million shares while its relative volume is 0.81.

International Paper Co. has a 52-week low of $32.50 and a 52-week high of $54.45. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 2.31.


International Paper (NYSE:IP) traded down $0.06 during midday trading on Tuesday, reaching $54.33. The basic materials company reported $1.08 EPS for the quarter, beating the Zacks' consensus estimate of $1.04 by $0.04. International Paper had a net margin of 4.09% and a return on equity of 35.28%. The company had revenue of $5.30 billion for the quarter, compared to analysts' expectations of $5.36 billion. The days to cover decreased to 3.0 and the percentage of shorted shares is 0.01% as of October 31.

International Paper (NYSE:IP) last released its earnings results on Thursday, October 27th. This dividend's record date is Nov 15, 2017 and the announcement date is Oct 10, 2017. The firm has "Neutral" rating given on Tuesday, November 10 by Macquarie Research. California-based Hollencrest Secs Limited has invested 0.12% in International Paper Co (NYSE:IP). The stock's short float is around of 1.47% and short ratio is 3.13. On average, equities research analysts predict that International Paper Co. will post $3.34 earnings per share for the current fiscal year.

A number of research firms recently commented on IP. Vertical Research reaffirmed a "buy" rating on shares of International Paper in a research report on Friday, July 28th. They issued an "equal weight" rating and a $60.00 target price on the stock. Analysts on average have given a price target of $62.93 to International Paper Company stock. Over the last twelve months, International Paper Company (NYSE:IP)'s stock has been 12.86%. The stock was sold at an average price of $53.59, for a total transaction of $434,775.67.

TRADEMARK VIOLATION WARNING: "International Paper Company (IP) Stake Raised by Mosaic Family Wealth LLC" was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. The legal version of this article can be read at https://www.dispatchtribunal.com/2017/11/16/mosaic-family-wealth-llc-increases-stake-in-international-paper-company-ip.html.

As of December 31, 2016, the production facilities in Canada, Europe, Asia, Africa, India, Latin America included 17 pulp, paper and packaging mills, 68 converting and packaging plants, and two recycling plants. The Business's segments include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging.

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