Opus Investment Management Increased Its International Paper Co. (IP) Stake; 13 Analysts Bullish Silicon Motion Technology (SIMO)

December 6, 2017 - By Kurt Siggers

Opus Investment Management Inc increased International Paper Co. (IP) stake by 46.15% reported in 2017Q2 SEC filing. Opus Investment Management Inc acquired 12,000 shares as International Paper Co. (IP)’s stock declined 1.99%. The Opus Investment Management Inc holds 38,000 shares with $2.15 million value, up from 26,000 last quarter. International Paper Co. now has $23.50 billion valuation. It closed at $56.92 lastly. It is down 26.95% since December 6, 2016 and is uptrending. It has outperformed by 10.25% the S&P500.

Among 16 analysts covering Silicon Motion (NASDAQ:SIMO), 13 have Buy rating, 1 Sell and 2 Hold. Therefore 81% are positive. Silicon Motion had 33 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Topeka Capital Markets on Friday, January 29 with “Buy”. The firm has “Underperform” rating by Bank of America given on Tuesday, August 18. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, September 6. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, October 27. The rating was initiated by Roth Capital with “Buy” on Thursday, September 29. Loop Capital Markets maintained it with “Buy” rating and $6100 target in Tuesday, June 6 report. The rating was maintained by Brean Capital with “Buy” on Wednesday, March 23. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by Roth Capital on Tuesday, October 24. On Monday, July 10 the stock rating was maintained by Roth Capital with “Buy”. The stock has “Buy” rating by Northland Capital on Friday, October 27. See Silicon Motion Technology Corporation (NASDAQ:SIMO) latest ratings:

27/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $55.0 Maintain
27/10/2017 Broker: Northland Capital Rating: Buy New Target: $60.0 Maintain
25/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $68.75
24/10/2017 Broker: Roth Capital Rating: Buy New Target: $60.0 Maintain
09/10/2017 Broker: each representing four ordinary shares Rating: Loop Capital New Target: $51 59
06/09/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $51.0 Maintain
30/08/2017 Broker: Standpoint Research Rating: Buy Upgrade
30/08/2017 Broker: each representing four ordinary shares Rating: Standpoint Research
02/08/2017 Broker: Craig Hallum Rating: Buy New Target: $60.0000 Maintain
01/08/2017 Broker: Roth Capital Rating: Buy New Target: $55.0000 Maintain

Investors sentiment increased to 1.03 in Q2 2017. Its up 0.10, from 0.93 in 2017Q1. It improved, as 63 investors sold IP shares while 228 reduced holdings. 68 funds opened positions while 233 raised stakes. 338.41 million shares or 0.06% less from 338.61 million shares in 2017Q1 were reported. Wells Fargo And Mn holds 0.19% or 10.36 million shares. Wetherby Asset Inc has invested 0.06% of its portfolio in International Paper Company (NYSE:IP). Cranbrook Wealth Management Limited Liability Company has 200 shares for 0% of their portfolio. Lmr Prtnrs Limited Liability Partnership holds 13,457 shares. Ls Advsr Limited Liability Corporation reported 0.07% in International Paper Company (NYSE:IP). Haverford Trust has invested 0.01% of its portfolio in International Paper Company (NYSE:IP). The New York-based Jane Street Gru Ltd Liability Corp has invested 0% in International Paper Company (NYSE:IP). Mufg Americas Hldgs invested in 25,034 shares or 0.05% of the stock. Norris Perne French Limited Liability Partnership Mi owns 0.06% invested in International Paper Company (NYSE:IP) for 6,000 shares. Livforsakringsbolaget Skandia Omsesidigt invested 0.04% in International Paper Company (NYSE:IP). Gemmer Asset Mngmt Limited Co reported 0.01% stake. Employees Retirement Sys Of Ohio holds 181,603 shares. Bender Robert & Assocs reported 4,122 shares. Duncker Streett Company reported 2,430 shares stake. Homrich And Berg has 5,960 shares for 0.03% of their portfolio.

Among 16 analysts covering International Paper Company (NYSE:IP), 8 have Buy rating, 2 Sell and 6 Hold. Therefore 50% are positive. International Paper Company had 60 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained the shares of IP in report on Friday, June 2 with “Buy” rating. On Wednesday, January 25 the stock rating was upgraded by BMO Capital Markets to “Outperform”. As per Friday, January 20, the company rating was upgraded by Jefferies. On Friday, January 8 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. BMO Capital Markets maintained the shares of IP in report on Tuesday, August 15 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, October 23. Credit Suisse maintained the stock with “Neutral” rating in Friday, October 27 report. Citigroup upgraded the stock to “Buy” rating in Thursday, January 26 report. The rating was maintained by Jefferies on Thursday, April 13 with “Buy”. Credit Suisse maintained International Paper Company (NYSE:IP) on Monday, February 8 with “Outperform” rating.

Opus Investment Management Inc decreased Ppl Corp. (NYSE:PPL) stake by 8,000 shares to 151,142 valued at $5.84M in 2017Q2. It also reduced Abbvie Inc. (NYSE:ABBV) stake by 5,000 shares and now owns 96,700 shares. Walmart Stores Inc. (NYSE:WMT) was reduced too.

The stock decreased 2.93% or $1.59 during the last trading session, reaching $52.75. About 428,133 shares traded. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 21.46% since December 6, 2016 and is uptrending. It has outperformed by 4.76% the S&P500.

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