International Paper (NYSE:IP) is WINTON GROUP Ltd's 8th Largest Position

WINTON GROUP Ltd lowered its stake in International Paper (NYSE:IP - Free Report) by 15.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 328,568 shares of the basic materials company's stock after selling 61,640 shares during the quarter. International Paper comprises about 1.2% of WINTON GROUP Ltd's portfolio, making the stock its 8th biggest holding. WINTON GROUP Ltd owned 0.09% of International Paper worth $17,684,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. SPC Financial Inc. boosted its position in International Paper by 1.4% during the 4th quarter. SPC Financial Inc. now owns 14,100 shares of the basic materials company's stock worth $759,000 after acquiring an additional 200 shares during the period. AlphaMark Advisors LLC raised its position in International Paper by 5.7% during the fourth quarter. AlphaMark Advisors LLC now owns 3,814 shares of the basic materials company's stock valued at $205,000 after acquiring an additional 204 shares in the last quarter. Inspire Advisors LLC grew its position in International Paper by 1.7% in the fourth quarter. Inspire Advisors LLC now owns 12,358 shares of the basic materials company's stock worth $665,000 after acquiring an additional 204 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in International Paper by 14.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,601 shares of the basic materials company's stock worth $86,000 after purchasing an additional 205 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in International Paper by 1.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 15,244 shares of the basic materials company's stock valued at $820,000 after buying an additional 212 shares in the last quarter. Institutional investors and hedge funds own 81.95% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. StockNews.com downgraded shares of International Paper from a "buy" rating to a "hold" rating in a research note on Friday. Citigroup started coverage on International Paper in a report on Wednesday, March 5th. They issued a "buy" rating and a $60.00 target price on the stock. Royal Bank of Canada reaffirmed an "outperform" rating and set a $64.00 price target on shares of International Paper in a report on Wednesday, March 26th. Bank of America started coverage on International Paper in a report on Thursday, February 13th. They issued a "neutral" rating for the company. Finally, JPMorgan Chase & Co. started coverage on shares of International Paper in a research report on Thursday, March 20th. They issued an "overweight" rating and a $59.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $55.32.

International Paper Trading Up 0.3 %

NYSE:IP traded up $0.15 during trading hours on Monday, hitting $53.36. The stock had a trading volume of 1,197,741 shares, compared to its average volume of 9,639,846. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.08 and a current ratio of 1.49. The business's 50 day moving average is $54.86 and its 200-day moving average is $53.76. International Paper has a one year low of $33.16 and a one year high of $60.36. The company has a market cap of $28.07 billion, a price-to-earnings ratio of 33.99, a P/E/G ratio of 0.39 and a beta of 1.02.

International Paper (NYSE:IP - Get Free Report) last announced its earnings results on Thursday, January 30th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.05). International Paper had a net margin of 2.99% and a return on equity of 4.75%. Sell-side analysts anticipate that International Paper will post 2.77 EPS for the current fiscal year.

International Paper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were issued a dividend of $0.4625 per share. The ex-dividend date was Monday, February 24th. This represents a $1.85 annualized dividend and a dividend yield of 3.47%. International Paper's dividend payout ratio (DPR) is presently 117.83%.

International Paper Company Profile

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.