Intl Paper Co (IP) Stake Has Upped by Shelton Capital Management

International Paper Company (NYSE:IP) LogoInvestors sentiment decreased to 1.03 in Q2 2019. Its down 0.10, from 1.13 in 2019Q1. It is negative, as 49 investors sold IP shares while 224 reduced holdings. 65 funds opened positions while 215 raised stakes. 310.16 million shares or 1.89% less from 316.13 million shares in 2019Q1 were reported. Institute For Wealth Mgmt Ltd Liability Com reported 8,875 shares. Kayne Anderson Rudnick Mgmt Ltd Liability holds 0% of its portfolio in International Paper Company (NYSE:IP) for 86 shares. Fruth Inv Mgmt reported 0.13% in International Paper Company (NYSE:IP). Hudock Cap Group Inc Limited Liability Company reported 650 shares. Moreover, Signalpoint Asset Mgmt Ltd Llc has 0.1% invested in International Paper Company (NYSE:IP) for 4,804 shares. Illinois-based Guggenheim Capital Limited Liability Company has invested 0.09% in International Paper Company (NYSE:IP). Archford Strategies Ltd Limited Liability Company invested in 0.39% or 24,497 shares. Menta Cap Ltd Liability Company has invested 0.33% in International Paper Company (NYSE:IP). Reilly Advisors Ltd Liability Corporation holds 460 shares or 0% of its portfolio. Conning reported 814,660 shares stake. Valley Natl Advisers Inc owns 954 shares. Trexquant Investment Lp reported 0.09% in International Paper Company (NYSE:IP). State Common Retirement Fund has invested 0.04% in International Paper Company (NYSE:IP). Advisory Ser invested in 12,513 shares. Moreover, Bartlett Ltd Liability Company has 0% invested in International Paper Company (NYSE:IP).

Shelton Capital Management increased its stake in Intl Paper Co (IP) by 2217.58% based on its latest 2019Q2 regulatory filing with the SEC. Shelton Capital Management bought 104,847 shares as the company’s stock declined 4.58% . The institutional investor held 109,575 shares of the paper company at the end of 2019Q2, valued at $4.75M, up from 4,728 at the end of the previous reported quarter. Shelton Capital Management who had been investing in Intl Paper Co for a number of months, seems to be bullish on the $17.11B market cap company. The stock increased 1.42% or $0.6 during the last trading session, reaching $42.93. About 3.31 million shares traded. International Paper Company (NYSE:IP) has declined 16.76% since September 13, 2018 and is downtrending. It has underperformed by 16.76% the S&P500.

More notable recent International Paper Company (NYSE:IP) news were published by: Finance.Yahoo.com which released: “These 4 Measures Indicate That International Paper (NYSE:IP) Is Using Debt Extensively – Yahoo Finance” on July 29, 2019, also Finance.Yahoo.com with their article: “International Paper Company’s (NYSE:IP) 5.0% Dividend Yield Looks Pretty Interesting – Yahoo Finance” published on August 12, 2019, Seekingalpha.com published: “International Paper: Forecasting An October Dividend Hike – Seeking Alpha” on September 13, 2019. More interesting news about International Paper Company (NYSE:IP) were released by: Finance.Yahoo.com and their article: “These Factors Make International Paper Company (NYSE:IP) An Interesting Investment – Yahoo Finance” published on June 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “At US$37.43, Is International Paper Company (NYSE:IP) Worth Looking At Closely? – Yahoo Finance” with publication date: August 26, 2019.

International Paper Company (NYSE:IP) Ratings Coverage

Among 7 analysts covering Int`l Paper (NYSE:IP), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Int`l Paper has $60 highest and $3800 lowest target. $46’s average target is 7.15% above currents $42.93 stock price. Int`l Paper had 15 analyst reports since March 14, 2019 according to SRatingsIntel. On Monday, April 1 the stock rating was maintained by Barclays Capital with “Underweight”. The stock of International Paper Company (NYSE:IP) earned “Buy” rating by UBS on Wednesday, April 10. The firm has “Neutral” rating given on Thursday, July 11 by Citigroup. The stock of International Paper Company (NYSE:IP) has “Underweight” rating given on Monday, July 15 by KeyBanc Capital Markets. The rating was downgraded by RBC Capital Markets on Friday, April 5 to “Sector Perform”. The firm has “Buy” rating by Citigroup given on Friday, April 5. UBS maintained it with “Buy” rating and $50 target in Monday, June 24 report. Stephens downgraded it to “Hold” rating and $60 target in Monday, June 24 report. The firm has “Market Perform” rating given on Monday, August 26 by Wells Fargo.

International Paper Company (NYSE:IP) Institutional Positions Chart

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