Graphic Packaging Holding Company (NYSE:GPK) was the recipient of a significant increase in short interest in April. As of April 28th, there was short interest totalling 6,128,483 shares, an increase of 89.1% from the April 13th total of 3,241,008 shares. Based on an average trading volume of 5,321,383 shares, the short-interest ratio is currently 1.2 days. Approximately 2.0% of the shares of the company are short sold.

Graphic Packaging Holding Company (NYSE:GPK) opened at 13.89 on Monday. The company has a 50-day moving average price of $13.35 and a 200-day moving average price of $12.99. Graphic Packaging Holding Company has a 1-year low of $11.95 and a 1-year high of $14.70. The company has a market cap of $4.31 billion, a PE ratio of 21.34 and a beta of 1.20.

Graphic Packaging Holding Company (NYSE:GPK) last announced its earnings results on Tuesday, April 25th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Graphic Packaging Holding Company had a net margin of 5.30% and a return on equity of 21.46%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 EPS. On average, analysts expect that Graphic Packaging Holding Company will post $0.71 EPS for the current fiscal year.

In other Graphic Packaging Holding Company news, Director Harold R. Logan, Jr. sold 9,200 shares of the stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $13.54, for a total transaction of $124,568.00. Following the sale, the director now owns 48,876 shares in the company, valued at $661,781.04. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.47% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. Polianta Ltd acquired a new stake in shares of Graphic Packaging Holding Company during the fourth quarter valued at about $1,049,000. Three Peaks Capital Management LLC boosted its stake in shares of Graphic Packaging Holding Company by 5.4% in the third quarter. Three Peaks Capital Management LLC now owns 1,013,442 shares of the industrial products company’s stock valued at $14,178,000 after buying an additional 51,912 shares in the last quarter. Frontier Capital Management Co. LLC boosted its stake in shares of Graphic Packaging Holding Company by 35,661.2% in the fourth quarter. Frontier Capital Management Co. LLC now owns 928,719 shares of the industrial products company’s stock valued at $11,590,000 after buying an additional 926,122 shares in the last quarter. State Street Corp boosted its stake in shares of Graphic Packaging Holding Company by 3.9% in the fourth quarter. State Street Corp now owns 3,928,751 shares of the industrial products company’s stock valued at $49,029,000 after buying an additional 145,916 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Graphic Packaging Holding Company by 55.6% in the third quarter. Quantbot Technologies LP now owns 149,188 shares of the industrial products company’s stock valued at $2,087,000 after buying an additional 53,302 shares in the last quarter. Hedge funds and other institutional investors own 92.99% of the company’s stock.

A number of equities research analysts recently issued reports on the company. Jefferies Group LLC reiterated a “hold” rating and issued a $14.00 price objective on shares of Graphic Packaging Holding Company in a research report on Monday, May 8th. Bank of America Corp reiterated a “buy” rating and issued a $16.30 price objective (up previously from $16.10) on shares of Graphic Packaging Holding Company in a research report on Tuesday, February 21st. Zacks Investment Research upgraded Graphic Packaging Holding Company from a “sell” rating to a “hold” rating in a research report on Thursday, February 9th. Royal Bank of Canada reiterated a “buy” rating and issued a $15.00 price objective on shares of Graphic Packaging Holding Company in a research report on Tuesday, April 11th. Finally, Goldman Sachs Group Inc downgraded Graphic Packaging Holding Company from a “conviction-buy” rating to a “buy” rating and set a $15.50 price objective on the stock. in a research report on Friday, January 27th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Graphic Packaging Holding Company currently has an average rating of “Buy” and a consensus price target of $15.40.

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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. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. 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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