Other large investors have also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Graphic Packaging Holding Company by 1.5% in the first quarter. The stock is now showing healthy performance of 3.14% throughout last week and witnessed bearish performance of -1.84% in one month period. Graphic Packaging Holding Company (GPK) is a part of Consumer Goods sector and belongs to Packaging & Containers industry. Van ECK Associates Corp now owns 7,630 shares of the industrial products company's stock valued at $105,000 after purchasing an additional 117 shares during the period.
Hoplite Capital Management Lp decreased Graphic Packaging Hldg Co (GPK) stake by 10.07% reported in 2017Q2 SEC filing. Neuberger Berman Group LLC now owns 15,270 shares of the industrial products company's stock valued at $210,000 after purchasing an additional 123 shares during the last quarter. Eagle Boston Investment Management Inc. boosted its holdings in shares of Graphic Packaging by 1.5% in the 2nd quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Graphic Packaging by 6.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 8,100 shares of the industrial products company's stock valued at $112,000 after buying an additional 61 shares in the last quarter. The company's institutional ownership is monitored at 81.7 percent.
Shares of Graphic Packaging Holding Company (GPK) traded down $0.11 during trading hours on Thursday, reaching $15.35. The volume of 2.1 Million shares climbed up over an trading activity of 2.01 Million shares.
Currently, the stock carries a price to earnings ratio of 29.75, a price to book ratio of 4.2, and a price to sales ratio of 1.09. The corporation has a market cap of US$93.66 Billion.
Graphic Packaging Holding Company (GPK) waking on thin line between bulls and bears tracks and with several factors it's pulling towards optimistic side to some extend but some take to pessimistic side.
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Graphic Packaging (NYSE:GPK) last issued its quarterly earnings data on Tuesday, October 24th. ON Semiconductor Corporation (NASDAQ:ON) earnings have risen with a quarterly rate of 2.6% over the last 5 years. The business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.11 billion. The Gross Margin Score of Graphic Packaging Holding Company (NYSE:GPK) is 19.00000. JPMorgan Chase & Co. lifted its holdings in shares of Graphic Packaging by 8.4% during the second quarter. After $0.18 actual earnings per share reported by Graphic Packaging Holding Company for the previous quarter, Wall Street now forecasts 11.11% EPS growth.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.075 per share. The ex-dividend date is Thursday, December 14th. Narrowing in a bit closer, the 5 month price index is 1.11244, the 3 month is 1.16996, and the 1 month is now 0.96715. Graphic Packaging's dividend payout ratio is now 57.69%. Several brokerages have commented on GPK. KeyCorp reissued a hold rating on shares of Graphic Packaging in a research note on Tuesday, October 10th. Zacks Investment Research upgraded shares of Graphic Packaging from a "hold" rating to a "buy" rating and set a $16.00 target price for the company in a research report on Thursday, October 12th. BMO Capital Markets reaffirmed a "buy" rating and set a $15.50 price objective on shares of Graphic Packaging in a report on Friday, September 1st. Finally, Stephens began coverage on Graphic Packaging in a research note on Tuesday, October 24th. The company presently has an average rating of "Buy" and an average price target of $16.26. At present, 0 analysts call it Sell, while 12 think it is Hold. The company has an average rating of "Buy" and a consensus target price of $16.26.
In related news, VP Deborah R. Frank sold 38,266 shares of Graphic Packaging stock in a transaction on Friday, October 27th. The stock was sold at an average price of $15.51, for a total transaction of $593,505.66. Following the completion of the sale, the vice president now directly owns 77,139 shares of the company's stock, valued at approximately $1,196,425.89.
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About Graphic Packaging Holding Company Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The Paperboard Mills segment includes the Company's North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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