Graphic Packaging Holding Company (NYSE:GPK) has been given an average rating of “Buy” by the twelve analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $15.73.

GPK has been the subject of a number of research reports. BMO Capital Markets reiterated a “buy” rating and issued a $15.50 price objective on shares of Graphic Packaging Holding in a research report on Friday, June 23rd. Zacks Investment Research lowered Graphic Packaging Holding from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. Jefferies Group LLC reiterated a “hold” rating and issued a $15.00 price objective (up from $14.00) on shares of Graphic Packaging Holding in a research report on Friday, July 14th. BidaskClub lowered Graphic Packaging Holding from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, DA Davidson initiated coverage on Graphic Packaging Holding in a research report on Monday, July 10th. They issued a “buy” rating and a $17.50 price objective for the company.

In other Graphic Packaging Holding news, Director G Andrea Botta sold 10,982 shares of the firm’s stock in a transaction dated 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 legal filing with the SEC, which is available at the SEC website. 1.02% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of GPK. Bronfman E.L. Rothschild L.P. boosted its position in shares of Graphic Packaging Holding by 0.8% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 8,100 shares of the industrial products company’s stock worth $112,000 after buying an additional 61 shares during the period. Van ECK Associates Corp boosted its position in shares of Graphic Packaging Holding by 1.6% in the second quarter. Van ECK Associates Corp now owns 7,630 shares of the industrial products company’s stock worth $105,000 after buying an additional 117 shares during the period. Neuberger Berman Group LLC boosted its position in shares of Graphic Packaging Holding by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 15,270 shares of the industrial products company’s stock worth $210,000 after buying an additional 123 shares during the period. Eagle Boston Investment Management Inc. boosted its position in shares of Graphic Packaging Holding by 1.5% in the second quarter. Eagle Boston Investment Management Inc. now owns 10,773 shares of the industrial products company’s stock worth $148,000 after buying an additional 163 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Graphic Packaging Holding by 6.6% in the second quarter. The Manufacturers Life Insurance Company now owns 12,512 shares of the industrial products company’s stock worth $172,000 after buying an additional 774 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Shares of Graphic Packaging Holding (NYSE:GPK) traded down 0.912% during midday trading on Tuesday, reaching $13.585. 511,082 shares of the company’s stock were exchanged. The company has a market capitalization of $4.21 billion, a PE ratio of 25.204 and a beta of 1.14. Graphic Packaging Holding has a 1-year low of $12.00 and a 1-year high of $14.70. The firm has a 50-day moving average of $13.55 and a 200-day moving average of $13.33.

Graphic Packaging Holding (NYSE:GPK) last announced its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $0.15 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.15. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.09 billion. Graphic Packaging Holding had a return on equity of 18.22% and a net margin of 3.98%. The company’s revenue was down .8% on a year-over-year basis. During the same period last year, the company earned $0.19 earnings per share. Equities analysts expect that Graphic Packaging Holding will post $0.68 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Thursday, September 14th. Graphic Packaging Holding’s dividend payout ratio (DPR) is currently 54.55%.

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Graphic Packaging Holding Company Profile

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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