State of Alaska Division of Income lowered its place in shares of Worldwide Paper (NYSE:IP – Get Score) by 5.6% through the 4th quarter, in response to its most up-to-date disclosure with the Securities & Change Fee. The institutional investor owned 142,972 shares of the essential supplies firm’s inventory after promoting 8,405 shares through the quarter. State of Alaska Division of Income’s holdings in Worldwide Paper have been value $4,950,000 on the finish of the newest quarter.
A number of different institutional traders and hedge funds have additionally just lately purchased and bought shares of IP. EverSource Wealth Advisors LLC grew its holdings in shares of Worldwide Paper by 165.8% through the third quarter. EverSource Wealth Advisors LLC now owns 776 shares of the essential supplies firm’s inventory valued at $25,000 after buying an extra 484 shares over the last quarter. Desjardins World Asset Administration Inc. grew its holdings in shares of Worldwide Paper by 45.5% through the first quarter. Desjardins World Asset Administration Inc. now owns 675 shares of the essential supplies firm’s inventory valued at $31,000 after buying an extra 211 shares over the last quarter. Tobam purchased a brand new place in shares of Worldwide Paper through the third quarter valued at roughly $36,000. Eagle Bay Advisors LLC purchased a brand new place in shares of Worldwide Paper through the second quarter valued at roughly $38,000. Lastly, Norwood Monetary Corp grew its holdings in shares of Worldwide Paper by 29.1% through the third quarter. Norwood Monetary Corp now owns 1,420 shares of the essential supplies firm’s inventory valued at $45,000 after buying an extra 320 shares over the last quarter. Institutional traders and hedge funds personal 83.64% of the corporate’s inventory.
In different information, SVP Joseph R. Saab bought 1,705 shares of the inventory in a transaction on Tuesday, March twenty first. The inventory was bought at a median worth of $35.35, for a complete worth of $60,271.75. Following the completion of the sale, the senior vp now owns 1,671 shares within the firm, valued at $59,069.85. The transaction was disclosed in a submitting with the Securities & Change Fee, which is out there by way of the SEC web site. In different information, SVP Timothy S. Nicholls bought 5,000 shares of the inventory in a transaction on Thursday, February sixteenth. The inventory was bought at a median worth of $38.95, for a complete worth of $194,750.00. Following the completion of the sale, the senior vp now owns 129,261 shares within the firm, valued at $5,034,715.95. The transaction was disclosed in a submitting with the Securities & Change Fee, which is out there by way of the SEC web site. Additionally, SVP Joseph R. Saab bought 1,705 shares of the inventory in a transaction on Tuesday, March twenty first. The shares have been bought at a median worth of $35.35, for a complete worth of $60,271.75. Following the completion of the sale, the senior vp now owns 1,671 shares of the corporate’s inventory, valued at roughly $59,069.85. The disclosure for this sale could be discovered right here. Insiders bought 93,567 shares of firm inventory value $3,261,447 over the past quarter. Company insiders personal 0.42% of the corporate’s inventory.
Worldwide Paper Value Efficiency
Shares of NYSE:IP opened at $34.40 on Thursday. Worldwide Paper has a one 12 months low of $30.69 and a one 12 months excessive of $50.23. The inventory has a fifty day shifting common of $37.44 and a 200-day shifting common of $36.01. The corporate has a market capitalization of $12.04 billion, a PE ratio of 8.45 and a beta of 1.07. The corporate has a debt-to-equity ratio of 0.57, a fast ratio of 0.97 and a present ratio of 1.35.
Worldwide Paper (NYSE:IP – Get Score) final introduced its quarterly earnings knowledge on Tuesday, January thirty first. The fundamental supplies firm reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.18. Worldwide Paper had a return on fairness of 15.81% and a internet margin of seven.11%. The corporate had income of $5.13 billion through the quarter, in comparison with the consensus estimate of $5.20 billion. Throughout the identical quarter within the prior 12 months, the agency earned $0.78 EPS. The corporate’s quarterly income was up .9% in comparison with the identical quarter final 12 months. As a gaggle, equities analysts anticipate that Worldwide Paper will put up 2.86 EPS for the present fiscal 12 months.
Worldwide Paper Dividend Announcement
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Wednesday, March fifteenth. Stockholders of file on Friday, February seventeenth got a dividend of $0.4625 per share. The ex-dividend date of this dividend was Thursday, February sixteenth. This represents a $1.85 dividend on an annualized foundation and a dividend yield of 5.38%. Worldwide Paper’s dividend payout ratio (DPR) is presently 45.45%.
Analyst Scores Adjustments
A number of analysis corporations have just lately commented on IP. Wells Fargo & Firm upped their goal worth on Worldwide Paper from $32.00 to $38.00 and gave the corporate an “equal weight” ranking in a report on Wednesday, February 1st. Argus upped their goal worth on Worldwide Paper from $43.00 to $50.00 and gave the corporate a “purchase” ranking in a report on Thursday, February 2nd. UBS Group raised Worldwide Paper from a “promote” ranking to a “impartial” ranking and upped their goal worth for the corporate from $31.00 to $43.00 in a report on Friday, February third. StockNews.com began protection on Worldwide Paper in a report on Thursday, March sixteenth. They issued a “purchase” ranking for the corporate. Lastly, Royal Financial institution of Canada elevated their worth goal on Worldwide Paper from $36.00 to $40.00 and gave the inventory a “sector carry out” ranking in a report on Wednesday, February 1st. Three analysis analysts have rated the inventory with a promote ranking, 5 have assigned a maintain ranking and two have assigned a purchase ranking to the inventory. Based on MarketBeat.com, the corporate presently has a median ranking of “Maintain” and a consensus goal worth of $38.82.
About Worldwide Paper
Worldwide Paper Co engages within the manufacture of paper and packaging merchandise. It operates by way of the next segments: Industrial Packaging, World Cellulose Fibers, and Printing Papers. The Industrial Packaging section is concerned in manufacturing containerboards, which embrace linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.
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