Quadrant Capital Group LLC trimmed its holdings in shares of Worldwide Paper (NYSE:IP – Get Score) by 8.8% within the third quarter, in accordance with the corporate in its most up-to-date disclosure with the Securities & Alternate Fee. The agency owned 3,198 shares of the essential supplies firm’s inventory after promoting 308 shares through the interval. Quadrant Capital Group LLC’s holdings in Worldwide Paper have been value $101,000 on the finish of the latest reporting interval.
A number of different institutional traders have additionally added to or lowered their stakes within the enterprise. Dimensional Fund Advisors LP boosted its place in Worldwide Paper by 1.3% through the third quarter. Dimensional Fund Advisors LP now owns 5,232,061 shares of the essential supplies firm’s inventory valued at $165,880,000 after shopping for an extra 69,539 shares through the interval. Seven Eight Capital LP raised its stake in shares of Worldwide Paper by 9.1% through the third quarter. Seven Eight Capital LP now owns 13,991 shares of the essential supplies firm’s inventory valued at $444,000 after buying an extra 1,169 shares over the last quarter. Tower Analysis Capital LLC TRC raised its stake in shares of Worldwide Paper by 318.1% through the third quarter. Tower Analysis Capital LLC TRC now owns 46,711 shares of the essential supplies firm’s inventory valued at $1,481,000 after buying an extra 35,539 shares over the last quarter. MQS Administration LLC purchased a brand new place in shares of Worldwide Paper through the third quarter valued at about $724,000. Lastly, Jacobi Capital Administration LLC raised its stake in shares of Worldwide Paper by 8.3% through the third quarter. Jacobi Capital Administration LLC now owns 20,198 shares of the essential supplies firm’s inventory valued at $640,000 after buying an extra 1,550 shares over the last quarter. 83.64% of the inventory is at the moment owned by hedge funds and different institutional traders.
Insider Shopping for and Promoting at Worldwide Paper
In different Worldwide Paper information, SVP Thomas J. Plath bought 2,000 shares of the agency’s inventory in a transaction that occurred on Wednesday, November thirtieth. The shares have been bought at a mean value of $36.00, for a complete transaction of $72,000.00. Following the completion of the transaction, the senior vp now owns 49,953 shares of the corporate’s inventory, valued at $1,798,308. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is offered by the SEC web site. In different information, SVP Thomas J. Plath bought 2,000 shares of the inventory in a transaction that occurred on Wednesday, November thirtieth. The shares have been bought at a mean value of $36.00, for a complete transaction of $72,000.00. Following the sale, the senior vp now owns 49,953 shares within the firm, valued at $1,798,308. The transaction was disclosed in a submitting with the SEC, which is offered at this hyperlink. Additionally, SVP Timothy S. Nicholls bought 5,000 shares of the inventory in a transaction that occurred on Thursday, February sixteenth. The shares have been bought at a mean value of $38.95, for a complete transaction of $194,750.00. Following the sale, the senior vp now owns 129,261 shares within the firm, valued at roughly $5,034,715.95. The disclosure for this sale may be discovered right here. Insiders personal 0.42% of the corporate’s inventory.
Worldwide Paper Worth Efficiency
IP inventory opened at $38.27 on Monday. Worldwide Paper has a 1 yr low of $30.69 and a 1 yr excessive of $50.23. The corporate has a market cap of $13.61 billion, a P/E ratio of 9.40 and a beta of 1.05. The agency has a 50-day shifting common of $37.32 and a 200 day shifting common of $37.08. The corporate has a debt-to-equity ratio of 0.57, a present ratio of 1.35 and a fast ratio of 0.97.
Worldwide Paper (NYSE:IP – Get Score) final introduced its earnings outcomes on Tuesday, January thirty first. The fundamental supplies firm reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.18. Worldwide Paper had a web margin of seven.11% and a return on fairness of 15.81%. The enterprise had income of $5.13 billion through the quarter, in comparison with the consensus estimate of $5.20 billion. Throughout the identical quarter final yr, the agency earned $0.78 earnings per share. The enterprise’s income for the quarter was up .9% on a year-over-year foundation. On common, sell-side analysts forecast that Worldwide Paper will put up 2.9 EPS for the present yr.
Worldwide Paper Proclaims Dividend
The agency additionally lately introduced a quarterly dividend, which shall be paid on Wednesday, March fifteenth. Shareholders of report on Friday, February seventeenth shall be paid a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized foundation and a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, February sixteenth. Worldwide Paper’s dividend payout ratio is 45.45%.
Analysts Set New Worth Targets
A number of equities analysts have lately commented on the inventory. Citigroup upped their value goal on shares of Worldwide Paper from $36.00 to $44.00 and gave the corporate a “impartial” score in a analysis word on Thursday, February 2nd. Royal Financial institution of Canada upped their value goal on shares of Worldwide Paper from $36.00 to $40.00 and gave the corporate a “sector carry out” score in a analysis word on Wednesday, February 1st. Argus upped their value goal on shares of Worldwide Paper from $43.00 to $50.00 and gave the corporate a “purchase” score in a analysis word on Thursday, February 2nd. BMO Capital Markets lowered their value goal on shares of Worldwide Paper from $60.00 to $50.00 in a analysis word on Friday, October twenty eighth. Lastly, UBS Group raised shares of Worldwide Paper from a “promote” score to a “impartial” score and elevated their value goal for the inventory from $31.00 to $43.00 in a analysis word on Friday, February third. Three analysis analysts have rated the inventory with a promote score, 5 have given a maintain score and two have issued a purchase score to the corporate’s inventory. In response to knowledge from MarketBeat, Worldwide Paper at the moment has a consensus score of “Maintain” and a consensus goal value of $38.82.
Worldwide Paper Firm Profile
(Get Score)
Worldwide Paper Co engages within the manufacture of paper and packaging merchandise. It operates by the next segments: Industrial Packaging, World Cellulose Fibers, and Printing Papers. The Industrial Packaging phase is concerned in manufacturing containerboards, which embrace linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.
Advisable Tales
Obtain Information & Scores for Worldwide Paper Each day – Enter your e-mail deal with beneath to obtain a concise each day abstract of the most recent information and analysts’ scores for Worldwide Paper and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.
Supply hyperlink
