Graphic Packaging Holding Company (NYSE:GPK) has earned an average rating of “Buy” from the twelve brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $15.73.

GPK has been the topic of a number of research reports. Zacks Investment Research raised Graphic Packaging Holding from a “sell” rating to a “hold” rating in a research note on Tuesday, April 11th. Jefferies Group LLC reissued a “hold” rating and issued a $14.00 price objective on shares of Graphic Packaging Holding in a research note on Monday, May 8th. Royal Bank Of Canada reissued a “buy” rating and issued a $15.00 price objective on shares of Graphic Packaging Holding in a research note on Tuesday, April 11th. BMO Capital Markets reissued a “buy” rating and issued a $15.50 price objective on shares of Graphic Packaging Holding in a research note on Friday, June 23rd. Finally, Citigroup Inc. reissued a “buy” rating on shares of Graphic Packaging Holding in a research note on Friday, April 14th.

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In other news, Director G Andrea Botta sold 10,982 shares of the business’s stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of $13.45, for a total transaction of $147,707.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.02% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the company. Cadence Capital Management LLC raised its stake in shares of Graphic Packaging Holding by 51.3% in the first quarter. Cadence Capital Management LLC now owns 59,951 shares of the industrial products company’s stock worth $772,000 after buying an additional 20,315 shares during the period. OLD National Bancorp IN bought a new stake in shares of Graphic Packaging Holding during the first quarter worth about $520,000. BlackRock Inc. raised its stake in shares of Graphic Packaging Holding by 16,552.6% in the first quarter. BlackRock Inc. now owns 14,893,409 shares of the industrial products company’s stock worth $191,677,000 after buying an additional 14,803,973 shares during the period. Comerica Bank raised its stake in shares of Graphic Packaging Holding by 55.5% in the fourth quarter. Comerica Bank now owns 34,407 shares of the industrial products company’s stock worth $441,000 after buying an additional 12,280 shares during the period. Finally, National Investment Services Inc. WI raised its stake in shares of Graphic Packaging Holding by 31.7% in the first quarter. National Investment Services Inc. WI now owns 13,426 shares of the industrial products company’s stock worth $173,000 after buying an additional 3,229 shares during the period. 95.43% of the stock is currently owned by institutional investors.

Graphic Packaging Holding (GPK) traded down 1.09% on Friday, reaching $13.64. The company’s stock had a trading volume of 209,299 shares. The firm has a 50-day moving average price of $13.51 and a 200 day moving average price of $13.27. Graphic Packaging Holding has a 52-week low of $12.00 and a 52-week high of $14.70. The firm has a market capitalization of $4.24 billion, a P/E ratio of 20.95 and a beta of 1.15.

Graphic Packaging Holding (NYSE:GPK) last posted its quarterly earnings data on Tuesday, April 25th. The industrial products company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. Graphic Packaging Holding had a return on equity of 19.53% and a net margin of 4.80%. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the business earned $0.20 EPS. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities analysts anticipate that Graphic Packaging Holding will post $0.70 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 5th. Stockholders of record on Thursday, June 15th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date was Tuesday, June 13th. Graphic Packaging Holding’s dividend payout ratio (DPR) is presently 46.15%.

About Graphic Packaging Holding

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.

Analyst Recommendations for Graphic Packaging Holding (NYSE:GPK)

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