Graphic Packaging Holding Company (NYSE:GPK) – Equities research analysts at KeyCorp lifted their FY2017 earnings estimates for Graphic Packaging Holding in a report issued on Tuesday. KeyCorp analyst A. Josephson now anticipates that the industrial products company will post earnings of $0.71 per share for the year, up from their previous estimate of $0.68. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Graphic Packaging Holding’s FY2018 earnings at $0.82 EPS.

GPK has been the subject of several other reports. BidaskClub downgraded shares of Graphic Packaging Holding from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Zacks Investment Research upgraded shares of Graphic Packaging Holding from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Jefferies Group LLC restated a “hold” rating and set a $15.00 price objective (up from $14.00) on shares of Graphic Packaging Holding in a research report on Friday, July 14th. Royal Bank Of Canada restated a “buy” rating and set a $15.00 price objective on shares of Graphic Packaging Holding in a research report on Tuesday. Finally, DA Davidson began coverage on shares of Graphic Packaging Holding in a research report on Monday, July 10th. They set a “buy” rating and a $17.50 price objective for the company. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $15.54.

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Graphic Packaging Holding (NYSE GPK) opened at 14.21 on Thursday. The firm has a market cap of $4.40 billion, a PE ratio of 26.36 and a beta of 1.16. The firm has a 50-day moving average price of $13.47 and a 200 day moving average price of $13.43. Graphic Packaging Holding has a 12-month low of $12.00 and a 12-month high of $14.37.

Graphic Packaging Holding (NYSE:GPK) last posted its quarterly earnings results on Tuesday, July 25th. The industrial products company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations 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 for the quarter was down .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Graphic Packaging Holding by 3.7% in the first quarter. Vanguard Group Inc. now owns 25,103,563 shares of the industrial products company’s stock valued at $323,083,000 after buying an additional 896,031 shares in the last quarter. Boston Partners raised its position in shares of Graphic Packaging Holding by 24.7% in the second quarter. Boston Partners now owns 22,667,228 shares of the industrial products company’s stock valued at $312,354,000 after buying an additional 4,496,306 shares in the last quarter. BlackRock Inc. raised its position 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 valued at $191,677,000 after buying an additional 14,803,973 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Graphic Packaging Holding by 8.4% in the second quarter. JPMorgan Chase & Co. now owns 8,994,618 shares of the industrial products company’s stock valued at $123,946,000 after buying an additional 696,161 shares in the last quarter. Finally, Janus Henderson Group PLC acquired a new stake in shares of Graphic Packaging Holding in the second quarter valued at approximately $116,776,000. Institutional investors own 95.00% of the company’s stock.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Friday, September 15th were given a $0.075 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.11%. Graphic Packaging Holding’s payout ratio is 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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