Graphic Packaging Holding Company (NYSE:GPK) – Equities research analysts at KeyCorp increased their Q4 2017 earnings per share estimates for shares of Graphic Packaging Holding in a research report issued to clients and investors on Tuesday. KeyCorp analyst A. Josephson now forecasts that the industrial products company will earn $0.24 per share for the quarter, up from their prior estimate of $0.21. KeyCorp has a “Hold” rating on the stock.

Graphic Packaging Holding (NYSE:GPK) last posted its earnings results on Tuesday, July 25th. The industrial products company reported $0.15 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.15. The company had revenue of $1.09 billion for 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%. Graphic Packaging Holding’s revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.19 earnings per share.

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Other analysts also recently issued research reports about the company. 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, September 1st. DA Davidson reissued a “buy” rating and issued a $16.50 price objective (down previously from $17.50) on shares of Graphic Packaging Holding in a research note on Monday, August 21st. BidaskClub raised Graphic Packaging Holding from a “hold” rating to a “buy” rating in a research note on Wednesday, July 5th. 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. Finally, 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 Wednesday, June 14th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Graphic Packaging Holding has a consensus rating of “Buy” and an average target price of $15.54.

Shares of Graphic Packaging Holding (NYSE GPK) opened at 14.33 on Wednesday. Graphic Packaging Holding has a 12-month low of $12.00 and a 12-month high of $14.37. The firm has a 50-day moving average price of $13.44 and a 200 day moving average price of $13.43. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 26.59 and a beta of 1.16.

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in shares of Graphic Packaging Holding by 10.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,246,774 shares of the industrial products company’s stock worth $30,961,000 after buying an additional 205,991 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Graphic Packaging Holding by 16.2% in the 2nd quarter. American Century Companies Inc. now owns 4,634,520 shares of the industrial products company’s stock worth $63,864,000 after buying an additional 644,863 shares in the last quarter. BlackRock Inc. raised its stake in shares of Graphic Packaging Holding by 16,552.6% in the 1st 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 in the last quarter. Vanguard Group Inc. raised its stake in shares of Graphic Packaging Holding by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 25,103,563 shares of the industrial products company’s stock worth $323,083,000 after buying an additional 896,031 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Graphic Packaging Holding by 2.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 1,390,397 shares of the industrial products company’s stock worth $17,895,000 after buying an additional 29,761 shares in the last quarter. 95.00% of the stock is currently owned by institutional investors.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Friday, September 15th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date was Thursday, September 14th. Graphic Packaging Holding’s dividend payout ratio is presently 54.55%.

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.

Earnings History and Estimates for Graphic Packaging Holding (NYSE:GPK)

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