Mn Services Vermogensbeheer B.V. Makes New Investment in International Paper Company $IP

Mn Services Vermogensbeheer B.V. purchased a new stake in International Paper Company (NYSE:IP – Free Report) during the third quarter, HoldingsChannel.com reports. The firm purchased 144,742 shares of the basic materials company’s stock, valued at approximately $4,801,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stephens Inc. AR grew its stake in shares of International Paper by 1.3% during the first quarter. Stephens Inc. AR now owns 23,032 shares of the basic materials company’s stock worth $853,000 after purchasing an additional 298 shares during the period. Rockefeller Capital Management L.P. lifted its stake in International Paper by 2.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 13,274 shares of the basic materials company’s stock valued at $523,000 after buying an additional 302 shares during the period. Ranch Capital Advisors Inc. boosted its holdings in International Paper by 0.8% during the first quarter. Ranch Capital Advisors Inc. now owns 45,785 shares of the basic materials company’s stock worth $1,635,000 after buying an additional 364 shares during the last quarter. Krilogy Financial LLC boosted its holdings in International Paper by 5.8% during the first quarter. Krilogy Financial LLC now owns 8,017 shares of the basic materials company’s stock worth $290,000 after buying an additional 437 shares during the last quarter. Finally, Arvest Bank Trust Division grew its position in shares of International Paper by 1.2% during the 1st quarter. Arvest Bank Trust Division now owns 41,480 shares of the basic materials company’s stock worth $1,481,000 after buying an additional 509 shares during the period. 81.95% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other International Paper news, CAO Holly G. Goughnour sold 3,500 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $41.96, for a total transaction of $146,860.00. Following the completion of the transaction, the chief accounting officer owned 34,248 shares in the company, valued at approximately $1,437,046.08. This represents a 9.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP William Hamic sold 24,500 shares of International Paper stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $41.20, for a total value of $1,009,400.00. Following the completion of the sale, the vice president directly owned 106,952 shares in the company, valued at $4,406,422.40. This represents a 18.64% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on IP. Wells Fargo & Company lowered their price target on International Paper from $46.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday. Zacks Research upgraded shares of International Paper from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Citigroup lowered their target price on shares of International Paper from $48.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. Seaport Research Partners reissued a “buy” rating and set a $46.00 price target on shares of International Paper in a research report on Wednesday, August 12th. Finally, UBS Group decreased their price target on shares of International Paper from $47.00 to $35.00 and set a “neutral” rating for the company in a report on Monday. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, International Paper currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.52.

Check Out Our Latest Report on IP

International Paper Price Performance

Shares of IP opened at $32.10 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.84 and a current ratio of 1.10. The stock has a 50 day simple moving average of $37.12 and a 200 day simple moving average of $36.12. International Paper Company has a 52-week low of $29.26 and a 52-week high of $50.25. The firm has a market capitalization of $17.00 billion, a PE ratio of -4.92, a P/E/G ratio of 4.06 and a beta of 0.93.

International Paper (NYSE:IP – Get Free Report) last announced its earnings results on Thursday, July 30th. The basic materials company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.08. International Paper had a negative net margin of 14.20% and a negative return on equity of 1.09%. The firm had revenue of $6 billion for the quarter, compared to the consensus estimate of $6.19 billion. During the same period last year, the company posted $0.20 EPS. The business’s quarterly revenue was down 11.3% on a year-over-year basis. Sell-side analysts predict that International Paper Company will post 1.31 EPS for the current fiscal year.

International Paper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 14th were issued a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Friday, August 14th. International Paper’s dividend payout ratio (DPR) is presently -28.37%.

International Paper Profile

(Free Report)

International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and paper products. The company manufactures corrugated packaging, containerboard and other fiber-based packaging solutions used to protect, transport and display goods, along with market pulp and specialty paper products.

Founded in 1898, International Paper has developed operations serving customers across North America and Europe. Its activities also include recycling and the recovery of fiber used in paper and packaging production, supporting the company’s focus on renewable and recyclable materials.

International Paper completed its combination with DS Smith in 2025, expanding its geographic reach and packaging capabilities.

See Also

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Institutional Ownership by Quarter for International Paper (NYSE:IP)

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