Wells Fargo Starts Autoliv (ALV) Coverage with $176.0000 Target; International Paper Co (IP)’s Sentiment Is 0.98

June 24, 2018 - By rebbecca

International Paper Company (NYSE:IP) Logo

International Paper Co (IP) investors sentiment decreased to 0.98 in Q1 2018. It’s down -0.19, from 1.17 in 2017Q4. The ratio worsened, as 298 institutional investors increased and started new positions, while 303 decreased and sold positions in International Paper Co. The institutional investors in our database now have: 332.80 million shares, up from 331.84 million shares in 2017Q4. Also, the number of institutional investors holding International Paper Co in top ten positions was flat from 9 to 9 for the same number . Sold All: 65 Reduced: 238 Increased: 212 New Position: 86.

Wells Fargo analyst initiated coverage on Autoliv (NYSE:ALV) with a $176.0000 PT and “Buy” rating. The PT gives a potential upside of 17.49% from company’s last price.

Ratings analysis reveals 50% of Intl Paper’s analysts are positive. Out of 4 Wall Street analysts rating Intl Paper, 2 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. IP was included in 4 notes of analysts from September 22, 2016. The rating was upgraded by Jefferies to “Buy” on Friday, January 20. The stock has “Buy” rating by Citigroup on Thursday, January 26. Barclays Capital downgraded International Paper Company (NYSE:IP) rating on Monday, February 6. Barclays Capital has “Underweight” rating and $45.0 target. The rating was initiated by Goldman Sachs on Thursday, September 22 with “Neutral”.

International Paper Company operates as a paper and packaging firm in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company has market cap of $21.95 billion. The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging. It has a 8.33 P/E ratio. The Industrial Packaging segment makes containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

Analysts await International Paper Company (NYSE:IP) to report earnings on July, 26. They expect $1.12 EPS, up 72.31% or $0.47 from last year’s $0.65 per share. IP’s profit will be $463.79M for 11.83 P/E if the $1.12 EPS becomes a reality. After $0.94 actual EPS reported by International Paper Company for the previous quarter, Wall Street now forecasts 19.15% EPS growth.

Salem Capital Management Inc holds 4.08% of its portfolio in International Paper Company for 140,520 shares. First Dallas Securities Inc. owns 103,831 shares or 3.64% of their US portfolio. Moreover, Colrain Capital Llc has 3.62% invested in the company for 63,995 shares. The Connecticut-based Sound Shore Management Inc Ct has invested 3.28% in the stock. Rnc Capital Management Llc, a California-based fund reported 808,545 shares.

Since January 1, 0001, it had 1 insider purchase, and 2 selling transactions for $1.85 million activity.

More news for International Paper Company (NYSE:IP) were recently published by: Seekingalpha.com, which released: “International Paper: Buy The Record Growth” on June 05, 2018. Streetinsider.com‘s article titled: “International Paper (IP) Names Timothy S. Nicholls as CFO, Succeeding Glenn R. Landau” and published on June 20, 2018 is yet another important article.

The stock increased 0.25% or $0.13 during the last trading session, reaching $53. About 7.69M shares traded or 159.00% up from the average. International Paper Company (IP) has risen 3.78% since June 24, 2017 and is uptrending. It has underperformed by 8.79% the S&P500. Some Historical IP News: 07/03/2018 – SMURFIT KAPPA BOARD REAFFIRMS REJECTION OF INTERNATIONAL PAPER PROPOSAL; 07/03/2018 – Smurfit Kappa reaffirms rejection of International Paper approach; 24/05/2018 – Ireland’s Smurfit aims to see off takeover with Dutch acquisition; 06/03/2018 – International Paper: Smurfit Kappa Shareholders Would Hold 15% of Enlarged Company; 06/03/2018 – INTL PAPER CO. STATEMENT ON POSSIBLE OFFER FOR SMURFIT KAPPA; 07/03/2018 – REG-Smurfit Kappa Group PLC Statement re Board Reaffirms Rejection of International Paper Proposal; 06/03/2018 – International Paper confirms €8.64bn unsolicited approach for Ireland’s Smurfit Kappa; 06/03/2018 – International Paper: Deal Values Smurfit Kappa at Total EUR8.6 Bln; 27/03/2018 – International Paper’s Pursuit of Smurfit Kappa May Turn Hostile; 06/03/2018 – International Paper Remains Ready to Engage with Smurfit Kappa

Since February 15, 2018, it had 0 buys, and 4 selling transactions for $379,045 activity. On Wednesday, February 21 Lofvenholm Johan sold $113,378 worth of Autoliv, Inc. (NYSE:ALV) or 783 shares. On Thursday, February 15 Mogefors Svante sold $60,616 worth of Autoliv, Inc. (NYSE:ALV) or 423 shares.

Investors sentiment increased to 0.98 in Q1 2018. Its up 0.02, from 0.96 in 2017Q4. It is positive, as 22 investors sold Autoliv, Inc. shares while 79 reduced holdings. 32 funds opened positions while 67 raised stakes. 29.41 million shares or 2.97% more from 28.56 million shares in 2017Q4 were reported. Sumitomo Mitsui Asset Mgmt Limited reported 5,619 shares. Blackrock reported 0.02% in Autoliv, Inc. (NYSE:ALV). Principal Finance Group invested 0.24% of its portfolio in Autoliv, Inc. (NYSE:ALV). James Inv owns 13,240 shares. Eagle Ridge Management holds 0.93% or 41,095 shares. 18,909 were reported by Rmb Cap Management Ltd Liability Corp. Guggenheim Capital Ltd holds 0% or 3,397 shares. Neuberger Berman Grp invested 0.01% in Autoliv, Inc. (NYSE:ALV). Huntington Bank & Trust holds 255 shares. Quantitative Mgmt Lc, a Virginia-based fund reported 35,500 shares. Tiaa Cref Management Limited Liability owns 24,359 shares for 0% of their portfolio. Colony Group Llc accumulated 0.02% or 1,968 shares. Stratos Wealth Prns Limited stated it has 406 shares or 0% of all its holdings. Northern Corp has invested 0.01% of its portfolio in Autoliv, Inc. (NYSE:ALV). Nordea Invest Management Ab accumulated 65,385 shares.

Among 30 analysts covering Autoliv Inc (NYSE:ALV), 10 have Buy rating, 8 Sell and 12 Hold. Therefore 33% are positive. Autoliv Inc has $19400 highest and $23 lowest target. $127.43’s average target is -14.93% below currents $149.8 stock price. Autoliv Inc had 115 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Tuesday, April 17 with “Buy”. On Tuesday, January 30 the stock rating was maintained by Piper Jaffray with “Hold”. The stock has “Buy” rating by Jefferies on Friday, June 16. As per Monday, September 18, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Thursday, October 26 by Jefferies. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, January 31 report. The stock of Autoliv, Inc. (NYSE:ALV) earned “Hold” rating by RBC Capital Markets on Friday, June 2. The stock of Autoliv, Inc. (NYSE:ALV) earned “Buy” rating by Jefferies on Tuesday, November 29. The rating was maintained by RBC Capital Markets on Friday, February 3 with “Underperform”. The rating was maintained by RBC Capital Markets on Tuesday, December 19 with “Hold”.

The stock decreased 1.36% or $2.06 during the last trading session, reaching $149.8. About 549,269 shares traded or 7.02% up from the average. Autoliv, Inc. (NYSE:ALV) has risen 36.47% since June 24, 2017 and is uptrending. It has outperformed by 23.90% the S&P500. Some Historical ALV News: 24/05/2018 – AUTOLIV: CEVIAN TO MAINTAIN AT LEAST 8% OWNERSHIP IN AUTOLIV; 26/04/2018 – AUTOLIV SEES VEONEER SPINOFF TRADING IN 3Q WITH NYSE LISTINGS; 31/05/2018 – AUTOLIV TEAM SAYS FOR CAPITAL INJECTION INTENDED TO BE MADE TO VEONEER, ABOUT 30 PERCENT WILL BE MADE VIA CASH ON HAND– INVESTOR DAY; 09/05/2018 – Autoliv: GM Recognizes Autoliv for Performance, Quality, and Innovation; 22/03/2018 – AUTOLIV INC ALV.N SAYS JOHAN LÖFVENHOLM, WILL BECOME CHIEF OPERATING OFFICER OF VEONEER FOLLOWING COMPLETION OF SPIN-OFF; 21/05/2018 – Autoliv to Provide Veoneer Spinoff With $1 Bln Liquidity; 26/04/2018 – AUTOLIV INC ALV.N – TO FUND CAPITAL INJECTION THE REMAINING AMOUNT WILL BE FROM AUTOLIV’S CASH ON HAND; 24/05/2018 – AUTOLIV ANNOUNCES AGREEMENT WITH CEVIAN REGARDING VEONEER; 24/05/2018 – AUTOLIV INC SAYS PURSUANT TO AGREEMENT WITH CEVIAN, AUTOLIV AND VEONEER AGREED TO TAKE ACTION FOR VEONEER TO APPOINT MR. SYNNERGREN TO VEONEER’S BOARD FOLLOWING SPIN-OFF OF VEONEER; 27/04/2018 – Autoliv: FY Underlying Profitability in Passive Safety Seen Increasing

Autoliv, Inc., through its subsidiaries, develops, makes, and supplies automotive safety systems to the automotive industry worldwide. The company has market cap of $13.05 billion. It operates through two divisions, Passive Safety and Electronics. It has a 31.91 P/E ratio. The firm offers a range of products, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems, child seats, and components; and camera vision systems, night driving assists, automotive radars, brake controls, positioning systems, electronic control units, and other active safety systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Analysts await Autoliv, Inc. (NYSE:ALV) to report earnings on July, 20. They expect $1.85 earnings per share, up 28.47% or $0.41 from last year’s $1.44 per share. ALV’s profit will be $161.13 million for 20.24 P/E if the $1.85 EPS becomes a reality. After $1.66 actual earnings per share reported by Autoliv, Inc. for the previous quarter, Wall Street now forecasts 11.45% EPS growth.

More news for Autoliv, Inc. (NYSE:ALV) were recently published by: Seekingalpha.com, which released: “Autoliv prices €500M bond issue” on June 18, 2018. Seekingalpha.com‘s article titled: “Sputtering vibe in the auto parts sector” and published on May 29, 2018 is yet another important article.

Autoliv, Inc. (NYSE:ALV) Institutional Positions Chart