International Paper Co (IP) Position Lessened by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its position in shares of International Paper Co (NYSE:IP) by 11.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 13,236 shares of the basic materials company’s stock after selling 1,661 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in International Paper were worth $768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Quadrant Capital Group LLC raised its stake in International Paper by 2.4% during the second quarter. Quadrant Capital Group LLC now owns 2,043 shares of the basic materials company’s stock worth $107,000 after purchasing an additional 47 shares during the period. Rational Advisors LLC purchased a new position in International Paper during the third quarter worth approximately $108,000. Cerebellum GP LLC purchased a new position in International Paper during the fourth quarter worth approximately $121,000. Amica Retiree Medical Trust purchased a new position in International Paper during the third quarter worth approximately $128,000. Finally, Krilogy Financial LLC raised its stake in International Paper by 9.3% during the second quarter. Krilogy Financial LLC now owns 2,476 shares of the basic materials company’s stock worth $140,000 after purchasing an additional 210 shares during the period. 81.53% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on the stock. DA Davidson increased their price target on shares of International Paper to $74.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. ValuEngine raised shares of International Paper from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Bank of America increased their price target on shares of International Paper from $66.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. BMO Capital Markets reaffirmed a “buy” rating and set a $70.00 price target on shares of International Paper in a research note on Thursday, January 25th. Finally, Zacks Investment Research raised shares of International Paper from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $65.75.

Shares of International Paper Co (NYSE IP) opened at $59.25 on Thursday. International Paper Co has a 52-week low of $49.60 and a 52-week high of $66.94. The stock has a market cap of $24,598.13, a price-to-earnings ratio of 16.55, a PEG ratio of 1.31 and a beta of 1.49. The company has a quick ratio of 1.17, a current ratio of 1.62 and a debt-to-equity ratio of 1.75.

International Paper (NYSE:IP) last released its quarterly earnings data on Thursday, February 1st. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.08. International Paper had a net margin of 9.36% and a return on equity of 29.53%. The company had revenue of $5.71 billion during the quarter, compared to analyst estimates of $6.01 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. research analysts forecast that International Paper Co will post 4.8 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 21st will be given a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, February 20th. International Paper’s payout ratio is currently 36.97%.

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International Paper Company Profile

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company’s segments include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging.

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Institutional Ownership by Quarter for International Paper (NYSE:IP)

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