As International Paper Co (IP) Market Valuation Declined, Holder Orleans Capital Management Has Lowered Stake; Baupost Group Boosted Holding in Pg&E (PCG) as Share Price Declined

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Baupost Group Llc increased its stake in Pg&E Corp (PCG) by 321.77% based on its latest 2018Q3 regulatory filing with the SEC. Baupost Group Llc bought 14.48M shares as the company’s stock declined 44.02% with the market. The hedge fund held 18.98M shares of the power generation company at the end of 2018Q3, valued at $873.26M, up from 4.50 million at the end of the previous reported quarter. Baupost Group Llc who had been investing in Pg&E Corp for a number of months, seems to be bullish on the $8.05 billion market cap company. The stock increased 0.52% or $0.08 during the last trading session, reaching $15.51. About 5.10M shares traded. PG&E Corporation (NYSE:PCG) has declined 51.11% since February 13, 2018 and is downtrending. It has underperformed by 51.11% the S&P500. Some Historical PCG News: 03/04/2018 – PG&E Proposes Reforms to Support the State’s Clean Energy Future; 03/05/2018 – PG&E 1Q Rev $4.06B; 18/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/18/2018 03:59 AM; 12/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/12/2018 05:28 PM; 18/05/2018 – PG&E TENTATIVELY LOSES DISMISSAL OF FIRE LEGAL CLAIM; 30/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/30/2018 07:13 PM; 04/05/2018 – S&PGR Lowers Pacific Gas & Electric Pref Stock Rtg To ‘CCC+’; 16/04/2018 – PG&E Gets $350M Unsecured Term Loan Maturing in April 2020; 13/04/2018 – Request for Offers Launches for Oakland Clean Energy Initiative; 20/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/20/2018 06:52 PM

Orleans Capital Management Corp decreased its stake in International Paper Co (IP) by 31.08% based on its latest 2018Q3 regulatory filing with the SEC. Orleans Capital Management Corp sold 12,281 shares as the company’s stock declined 14.62% with the market. The institutional investor held 27,234 shares of the paper company at the end of 2018Q3, valued at $1.34M, down from 39,515 at the end of the previous reported quarter. Orleans Capital Management Corp who had been investing in International Paper Co for a number of months, seems to be less bullish one the $18.97 billion market cap company. The stock decreased 0.44% or $0.2 during the last trading session, reaching $46.83. About 1.27M shares traded. International Paper Company (NYSE:IP) has declined 21.99% since February 13, 2018 and is downtrending. It has underperformed by 21.99% the S&P500. Some Historical IP News: 29/03/2018 – INTERNATIONAL PAPER CO IP.N : UBS STARTS WITH BUY; TARGET PRICE $63; 26/03/2018 – Ireland’s Smurfit Kappa rejects improved bid from rival paper packaging producer International Paper; 04/05/2018 – SMURFIT: IP BID DOES FAILS TO VALUE SMURFIT INTRINSIC BUSINESS; 06/03/2018 – SMURFIT KAPPA GROUP PLC – “STRONGLY ADVISE SHAREHOLDERS TO TAKE NO ACTION” IN REGARD TO DEAL WITH INTERNATIONAL PAPER CO; 26/04/2018 – International Paper 1Q Cash Provided by Operations $663M; 26/03/2018 – Smurfit Kappa rejects raised bid from International Paper; 07/03/2018 – SMURFIT KAPPA BOARD REAFFIRMS REJECTION OF INTERNATIONAL PAPER PROPOSAL; 26/04/2018 – International Paper Says It Has Options If Smurfit Bids Fails; 16/05/2018 – INTL PAPER CONFIRMS IT WOULD SEEK A SECONDARY LISTING ON LSE; 26/03/2018 – Smurfit Kappa rejects improved bid from International Paper

Investors sentiment increased to 1.32 in Q3 2018. Its up 0.15, from 1.17 in 2018Q2. It is positive, as 41 investors sold IP shares while 210 reduced holdings. 83 funds opened positions while 249 raised stakes. 319.50 million shares or 3.11% less from 329.74 million shares in 2018Q2 were reported. Vantage Inv Advsrs Limited Co has invested 0% of its portfolio in International Paper Company (NYSE:IP). Sumitomo Mitsui Tru reported 1.38M shares. Earnest Ptnrs Ltd Liability Corp reported 207 shares. Murphy Capital Mngmt Inc has invested 0.39% in International Paper Company (NYSE:IP). James Inv Rech stated it has 38,580 shares. Moreover, Financial Advisory Serv Inc has 0.14% invested in International Paper Company (NYSE:IP). Clinton has 0.16% invested in International Paper Company (NYSE:IP) for 9,014 shares. Sunbelt Secs has 36,798 shares. Heartland Advsr stated it has 5,066 shares. Moreover, Amalgamated National Bank has 0.06% invested in International Paper Company (NYSE:IP) for 52,823 shares. Columbia Asset reported 9,400 shares. 695,765 were accumulated by First Advsrs L P. Partnervest Advisory Service Ltd invested 0.19% in International Paper Company (NYSE:IP). Amundi Pioneer Asset Mngmt holds 0.05% or 745,110 shares. Advisor Prns Ltd Limited Liability Company reported 10,300 shares stake.

Another recent and important International Paper Company (NYSE:IP) news was published by Seekingalpha.com which published an article titled: “International Paper Q4 2018 Earnings Preview – Seeking Alpha” on January 30, 2019.

Among 19 analysts covering International Paper Company (NYSE:IP), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. International Paper Company had 88 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of International Paper Company (NYSE:IP) earned “Underweight” rating by Barclays Capital on Monday, July 30. The stock of International Paper Company (NYSE:IP) earned “Buy” rating by Wells Fargo on Monday, January 8. Stephens maintained it with “Hold” rating and $66.0 target in Wednesday, January 10 report. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 10 report. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, July 19. The firm earned “Hold” rating on Tuesday, September 15 by Bank of America. The stock of International Paper Company (NYSE:IP) has “Buy” rating given on Tuesday, July 4 by Jefferies. BMO Capital Markets maintained International Paper Company (NYSE:IP) on Friday, July 27 with “Outperform” rating. The firm has “Buy” rating by Wells Fargo given on Friday, September 22. The stock of International Paper Company (NYSE:IP) has “Neutral” rating given on Thursday, September 22 by Goldman Sachs.

Orleans Capital Management Corp, which manages about $1.29 billion and $145.81M US Long portfolio, upped its stake in Genuine Parts Co Com (NYSE:GPC) by 3,515 shares to 17,229 shares, valued at $1.71M in 2018Q3, according to the filing. It also increased its holding in Air Prods & Chems Inc (NYSE:APD) by 6,855 shares in the quarter, for a total of 12,414 shares, and has risen its stake in Dominion Res Inc Va (NYSE:D).

Since August 28, 2018, it had 0 insider buys, and 3 insider sales for $1.69 million activity. $893,088 worth of International Paper Company (NYSE:IP) was sold by Nicholls Timothy S. $256,821 worth of stock was sold by SIMS JOHN V on Wednesday, September 19.

Investors sentiment decreased to 1.01 in Q3 2018. Its down 0.06, from 1.07 in 2018Q2. It turned negative, as 53 investors sold PCG shares while 174 reduced holdings. 77 funds opened positions while 152 raised stakes. 396.22 million shares or 1.17% less from 400.93 million shares in 2018Q2 were reported. Dynamic Capital Mngmt Ltd holds 0.53% or 8,601 shares in its portfolio. Moreover, Korea Corp has 0.06% invested in PG&E Corporation (NYSE:PCG) for 272,152 shares. Tiverton Asset Mgmt Limited Liability Company holds 0% of its portfolio in PG&E Corporation (NYSE:PCG) for 1,658 shares. Mitsubishi Ufj Bk owns 483,441 shares or 0.08% of their US portfolio. 208,013 were reported by Nomura. Ellington Grp Limited Liability Corporation reported 0.1% stake. Davidson Kempner Mngmt LP invested in 295,000 shares or 0.28% of the stock. Ares Management Limited Liability Com has invested 1.37% in PG&E Corporation (NYSE:PCG). Moreover, State Of Tennessee Treasury Department has 0.07% invested in PG&E Corporation (NYSE:PCG). Ing Groep Nv owns 78,618 shares. Principal Gp has invested 0.03% in PG&E Corporation (NYSE:PCG). Moreover, Parametric Port Associate Ltd Liability Corporation has 0.08% invested in PG&E Corporation (NYSE:PCG). 6,007 are held by Mariner Limited Com. New York State Teachers Retirement has invested 0.09% of its portfolio in PG&E Corporation (NYSE:PCG). Tci Wealth Advsrs stated it has 200 shares or 0% of all its holdings.

Among 21 analysts covering PG&E Corporation (NYSE:PCG), 7 have Buy rating, 2 Sell and 12 Hold. Therefore 33% are positive. PG&E Corporation had 85 analyst reports since July 30, 2015 according to SRatingsIntel. As per Tuesday, January 15, the company rating was downgraded by Macquarie Research. The rating was maintained by Mizuho on Tuesday, May 24 with “Buy”. The firm has “Neutral” rating given on Monday, July 9 by Citigroup. Morgan Stanley maintained the shares of PCG in report on Friday, September 21 with “Overweight” rating. The company was maintained on Tuesday, April 24 by Citigroup. As per Friday, March 18, the company rating was maintained by Barclays Capital. As per Wednesday, November 14, the company rating was downgraded by Edward Jones. The firm has “Buy” rating given on Sunday, November 5 by RBC Capital Markets. The firm has “Market Perform” rating by Wells Fargo given on Monday, June 11. The rating was maintained by Jefferies on Thursday, July 13 with “Buy”.

International Paper Company (NYSE:IP) Institutional Positions Chart