Stephens Decreased Its Intl Paper Co (IP) Holding as Stock Declined; Impala Asset Management Trimmed Its Stake in Belmond LTD (BEL) by $719,862

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Robert Bishop decreased its stake in Belmond Ltd (BEL) by 6.83% based on its latest 2018Q1 regulatory filing with the SEC. Impala Asset Management Llc sold 65,442 shares as the company’s stock declined 3.61% with the market. The hedge fund run by Robert Bishop held 892,860 shares of the hotels and resorts company at the end of 2018Q1, valued at $9.96M, down from 958,302 at the end of the previous reported quarter. Impala Asset Management Llc who had been investing in Belmond Ltd for a number of months, seems to be less bullish one the $1.24 billion market cap company. The stock increased 1.26% or $0.15 during the last trading session, reaching $12.05. About 312,517 shares traded. Belmond Ltd. (NYSE:BEL) has declined 2.04% since May 31, 2017 and is downtrending. It has underperformed by 14.61% the S&P500.

Stephens Inc decreased its stake in Intl Paper Co (IP) by 25.13% based on its latest 2018Q1 regulatory filing with the SEC. Stephens Inc sold 13,523 shares as the company’s stock declined 10.63% with the market. The institutional investor held 40,283 shares of the paper company at the end of 2018Q1, valued at $2.15M, down from 53,806 at the end of the previous reported quarter. Stephens Inc who had been investing in Intl Paper Co for a number of months, seems to be less bullish one the $22.32 billion market cap company. The stock increased 1.79% or $0.95 during the last trading session, reaching $53.89. About 1.84 million shares traded. International Paper Company (NYSE:IP) has risen 3.78% since May 31, 2017 and is uptrending. It has underperformed by 8.79% the S&P500.

Analysts await International Paper Company (NYSE:IP) to report earnings on July, 26. They expect $1.12 earnings per share, up 72.31% or $0.47 from last year’s $0.65 per share. IP’s profit will be $463.77M for 12.03 P/E if the $1.12 EPS becomes a reality. After $0.94 actual earnings per share reported by International Paper Company for the previous quarter, Wall Street now forecasts 19.15% EPS growth.

Among 17 analysts covering International Paper Company (NYSE:IP), 7 have Buy rating, 2 Sell and 8 Hold. Therefore 41% are positive. International Paper Company had 72 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Wednesday, August 31. On Monday, August 14 the stock rating was upgraded by DA Davidson to “Buy”. Goldman Sachs initiated International Paper Company (NYSE:IP) on Thursday, September 22 with “Neutral” rating. The company was maintained on Wednesday, August 16 by Jefferies. The stock of International Paper Company (NYSE:IP) has “Equal-Weight” rating given on Monday, May 2 by Barclays Capital. The firm earned “Outperform” rating on Wednesday, April 19 by RBC Capital Markets. The stock has “Hold” rating by Wells Fargo on Tuesday, March 27. Jefferies maintained International Paper Company (NYSE:IP) rating on Monday, September 18. Jefferies has “Buy” rating and $66.0 target. The firm has “Hold” rating given on Tuesday, September 15 by Bank of America. The company was upgraded on Thursday, January 26 by Citigroup.

Investors sentiment decreased to 0.98 in 2018 Q1. Its down 0.19, from 1.17 in 2017Q4. It fall, as 65 investors sold IP shares while 238 reduced holdings. 86 funds opened positions while 212 raised stakes. 332.80 million shares or 0.29% more from 331.84 million shares in 2017Q4 were reported. 3,714 were reported by Assetmark. Moreover, Mraz Amerine And Assoc Incorporated has 0.23% invested in International Paper Company (NYSE:IP) for 13,351 shares. Chase Invest Counsel Corporation accumulated 5,889 shares. Hilltop Hldgs has 0.08% invested in International Paper Company (NYSE:IP). Sg Americas Secs Ltd Liability Corp holds 0.02% or 49,210 shares in its portfolio. 12,376 are owned by Security Retail Bank Of So Dak. Glenmede Trust Communications Na has 472,823 shares for 0.11% of their portfolio. Lsv Asset reported 4.36 million shares or 0.37% of all its holdings. Spears Abacus Advsr Ltd Liability invested in 0.05% or 6,470 shares. Rothschild Il, a Illinois-based fund reported 18,460 shares. Dekabank Deutsche Girozentrale reported 0.03% in International Paper Company (NYSE:IP). Manufacturers Life Ins Co The reported 400,311 shares. Fmr reported 0% in International Paper Company (NYSE:IP). Waddell And Reed Fincl stated it has 0% of its portfolio in International Paper Company (NYSE:IP). Bancshares Of New York Mellon reported 3.80 million shares.

Another recent and important International Paper Company (NYSE:IP) news was published by Seekingalpha.com which published an article titled: “Are International Paper’s Best Days Behind It?” on May 16, 2018.

Stephens Inc, which manages about $6.58 billion and $2.68B US Long portfolio, upped its stake in Suntrust Bks Inc (NYSE:STI) by 8,744 shares to 94,315 shares, valued at $6.42 million in 2018Q1, according to the filing. It also increased its holding in Applied Matls Inc (NASDAQ:AMAT) by 25,038 shares in the quarter, for a total of 45,114 shares, and has risen its stake in Marathon Pete Corp (NYSE:MPC).

Impala Asset Management Llc, which manages about $2.53 billion and $2.24 billion US Long portfolio, upped its stake in Constellation Brands Inc (NYSE:STZ) by 2,487 shares to 20,506 shares, valued at $4.67 million in 2018Q1, according to the filing. It also increased its holding in Unifi Inc (NYSE:UFI) by 103,759 shares in the quarter, for a total of 1.37 million shares, and has risen its stake in Warrior Met Coal Inc.

Analysts await Belmond Ltd. (NYSE:BEL) to report earnings on August, 6. They expect $0.16 EPS, down 15.79% or $0.03 from last year’s $0.19 per share. BEL’s profit will be $16.44 million for 18.83 P/E if the $0.16 EPS becomes a reality. After $-0.18 actual EPS reported by Belmond Ltd. for the previous quarter, Wall Street now forecasts -188.89% EPS growth.

More news for Belmond Ltd. (NYSE:BEL) were recently published by: Finance.Yahoo.com, which released: “Is It The Right Time To Buy Belmond Ltd (NYSE:BEL)?” on May 10, 2018. Seekingalpha.com‘s article titled: “Belmond’s (BEL) CEO Roeland Vos on Q1 2018 Results – Earnings Call Transcript” and published on May 13, 2018 is yet another important article.

Among 6 analysts covering Belmond (NYSE:BEL), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Belmond had 17 analyst reports since September 3, 2015 according to SRatingsIntel. The stock has “Neutral” rating by M Partners on Thursday, August 4. M Partners downgraded the shares of BEL in report on Thursday, January 14 to “Sell” rating. The company was maintained on Friday, August 5 by Deutsche Bank. The firm has “Neutral” rating by M Partners given on Monday, December 5. The stock of Belmond Ltd. (NYSE:BEL) earned “Outperform” rating by Telsey Advisory Group on Tuesday, June 6. On Thursday, August 10 the stock rating was maintained by Barclays Capital with “Overweight”. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, August 5 report. The stock of Belmond Ltd. (NYSE:BEL) has “Underperform” rating given on Friday, February 26 by Telsey Advisory Group. On Friday, May 6 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. The stock of Belmond Ltd. (NYSE:BEL) earned “Underperform” rating by Telsey Advisory Group on Monday, January 4.

International Paper Company (NYSE:IP) Institutional Positions Chart