EPS for International Paper Company (IP) Expected At $1.19

Galtero Lara
Enero 14, 2018

(NYSE:KS) by 9.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Public Employees Retirement System of OH now owns 5,947 shares of the basic materials company's stock worth $123,000 after acquiring an additional 239 shares during the period. IHT Wealth Management LLC grew its position in shares of International Paper by 26.8% in the second quarter. During the same period previous year, the business posted $0.37 earnings per share.

KapStone Paper and Packaging (NYSE:KS) last released its quarterly earnings data on Wednesday, October 25th. Moreover, Mayo Investment Advisers Llc has 3.99% invested in the company for 152,975 shares. Finally, American Century Companies Inc. grew its holdings in shares of KapStone Paper and Packaging by 12.1% in the third quarter. BNP Paribas Arbitrage SA now owns 45,698 shares of the basic materials company's stock valued at $982,000 after purchasing an additional 15,843 shares during the period. Point72 Asset Management L.P. lifted its position in shares of KapStone Paper and Packaging by 51.9% during the third quarter. IndexIQ Advisors LLC now owns 107,459 shares of the basic materials company's stock valued at $2,309,000 after purchasing an additional 55,927 shares during the period. Victory Capital Management Inc. now owns 5,145 shares of the basic materials company's stock worth $106,000 after acquiring an additional 771 shares during the period. Institutional investors and hedge funds own 86.08% of the company's stock. KapStone Paper and Packaging Corp.

KapStone Paper and Packaging (KS) opened at $25.98 on Friday. The company has a quick ratio of 1.25, a current ratio of 2.07 and a debt-to-equity ratio of 1.64. It has a 28.68 P/E ratio. KapStone Paper and Packaging Corp. has a one year low of $19.59 and a one year high of $26.29. The basic materials company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04). The company had revenue of $868.42 million for the quarter, compared to the consensus estimate of $839.36 million. Ameriprise Financial Inc. increased its position in shares of KapStone Paper and Packaging Corporation by 292.9% in the third quarter.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Wolverine Asset Mgmt Limited has 0.02% invested in International Paper Company (NYSE:IP) for 39,451 shares. This represents a $0.40 annualized dividend and a dividend yield of 1.52%. KapStone Paper and Packaging's dividend payout ratio is presently 53.33%.

Several analysts recently commented on KS shares.

KapStone Paper and Packaging (NYSE:KS) was upgraded by Zacks Investment Research from a "strong sell" rating to a "hold" rating in a research note issued on Thursday, December 28th. The company has market cap of $25.71 billion. As per Wednesday, August 16, the company rating was initiated by Citigroup. The stock has "Buy" rating by RBC Capital Markets on Friday, September 22. Jefferies maintained International Paper Company (NYSE:IP) rating on Friday, June 2. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Finally, BMO Capital Markets dropped their price objective on shares of KapStone Paper and Packaging from $28.00 to $26.00 and set an "outperform" rating on the stock in a research note on Friday, October 27th. Also, Director John Chapman sold 70,765 shares of the business's stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $20.80, for a total transaction of $1,471,912.00. Following the completion of the transaction, the director now owns 445,056 shares in the company, valued at approximately $9,257,164.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

More news: Billete de 1000 pesos falso: seis formas de evitarlo

In other KapStone Paper and Packaging news, VP Andrea K. Tarbox sold 32,486 shares of the business's stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $20.95, for a total value of $680,581.70. Institutional investors and hedge funds own 81.98% of the company's stock. The disclosure for this sale can be found here.

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"ILLEGAL ACTIVITY NOTICE: "$828.61 Million in Sales Expected for KapStone Paper and Packaging Corp.

International Paper Company operates as a paper and packaging firm in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East.

Virginia Retirement Et Al has invested 0.09% in International Paper Company (NYSE:IP). The Paper and Packaging segment manufactures and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets.

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