Investors bought shares of International Paper Company (NYSE:IP) on weakness during trading on Tuesday. $45.95 million flowed into the stock on the tick-up and $18.20 million flowed out of the stock on the tick-down, for a money net flow of $27.75 million into the stock. Of all companies tracked, International Paper had the 22nd highest net in-flow for the day. International Paper traded down ($0.64) for the day and closed at $61.49

A number of equities analysts recently weighed in on the company. Zacks Investment Research cut International Paper from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Wells Fargo & Co reaffirmed an “outperform” rating and set a $70.00 target price (up previously from $65.00) on shares of International Paper in a research note on Monday. ValuEngine cut International Paper from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Barclays lifted their target price on International Paper from $50.00 to $52.00 and gave the company an “underweight” rating in a research note on Monday, October 30th. Finally, KeyCorp reaffirmed a “hold” rating on shares of International Paper in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. International Paper has an average rating of “Hold” and an average price target of $62.75.

The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.97 and a current ratio of 1.48. The company has a market cap of $25,390.00, a P/E ratio of 28.34, a price-to-earnings-growth ratio of 1.45 and a beta of 1.47.

International Paper (NYSE:IP) last released its earnings results on Wednesday, October 25th. The basic materials company reported $1.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.04. The company had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.85 billion. International Paper had a return on equity of 27.56% and a net margin of 4.00%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS. research analysts forecast that International Paper Company will post 3.51 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 21st will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.09%. International Paper’s dividend payout ratio is 87.56%.

Institutional investors have recently made changes to their positions in the company. FMR LLC lifted its holdings in shares of International Paper by 9.9% during the 2nd quarter. FMR LLC now owns 359,574 shares of the basic materials company’s stock valued at $20,356,000 after buying an additional 32,461 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of International Paper by 16.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 59,568 shares of the basic materials company’s stock valued at $3,385,000 after buying an additional 8,505 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of International Paper by 4.4% during the 2nd quarter. BlackRock Inc. now owns 38,831,623 shares of the basic materials company’s stock valued at $2,198,257,000 after buying an additional 1,648,915 shares during the last quarter. Fox Run Management L.L.C. lifted its holdings in shares of International Paper by 22.1% during the 3rd quarter. Fox Run Management L.L.C. now owns 17,100 shares of the basic materials company’s stock valued at $972,000 after buying an additional 3,100 shares during the last quarter. Finally, Mutual of America Capital Management LLC lifted its holdings in shares of International Paper by 19.3% during the 3rd quarter. Mutual of America Capital Management LLC now owns 136,023 shares of the basic materials company’s stock valued at $7,729,000 after buying an additional 22,029 shares during the last quarter. Institutional investors and hedge funds own 81.85% of the company’s stock.

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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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