Graphic Packaging Holding Co. (NYSE:GPK) – Stock analysts at Clsa Americas issued their FY2016 earnings per share (EPS) estimates for shares of Graphic Packaging Holding in a research note issued to investors on Monday. Clsa Americas analyst M. Connelly forecasts that the firm will post earnings per share of $0.74 for the year. Clsa Americas also issued estimates for Graphic Packaging Holding’s FY2017 earnings at $0.83 EPS and FY2018 earnings at $0.92 EPS.

Graphic Packaging Holding (NYSE:GPK) last issued its earnings results on Tuesday, October 25th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by $0.01. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.14 billion. Graphic Packaging Holding had a net margin of 5.87% and a return on equity of 22.90%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 EPS.

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

Other research analysts have also recently issued reports about the stock. Royal Bank Of Canada started coverage on shares of Graphic Packaging Holding in a report on Friday, September 30th. They set an “outperform” rating and a $17.00 target price on the stock. Zacks Investment Research raised shares of Graphic Packaging Holding from a “sell” rating to a “hold” rating in a research note on Monday, August 15th. Robert W. Baird reissued an “outperform” rating and issued a $16.00 price objective on shares of Graphic Packaging Holding in a research note on Monday, September 19th. CLSA started coverage on shares of Graphic Packaging Holding in a research note on Tuesday. They issued an “outperform” rating and a $15.00 price objective on the stock. Finally, RBC Capital Markets started coverage on shares of Graphic Packaging Holding in a research note on Thursday, September 29th. They issued an “outperform” rating and a $17.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $15.89.

Shares of Graphic Packaging Holding (NYSE:GPK) opened at 12.93 on Thursday. Graphic Packaging Holding has a 12 month low of $10.71 and a 12 month high of $14.70. The company has a market cap of $4.11 billion, a PE ratio of 16.73 and a beta of 1.31. The firm’s 50 day moving average is $13.00 and its 200 day moving average is $13.38.

Several hedge funds have recently bought and sold shares of the company. Boston Partners boosted its stake in Graphic Packaging Holding by 0.8% in the second quarter. Boston Partners now owns 35,315,472 shares of the company’s stock worth $442,856,000 after buying an additional 274,590 shares during the last quarter. FMR LLC boosted its stake in Graphic Packaging Holding by 40.2% in the second quarter. FMR LLC now owns 34,116,601 shares of the company’s stock worth $427,822,000 after buying an additional 9,776,631 shares during the last quarter. Vanguard Group Inc. boosted its stake in Graphic Packaging Holding by 0.7% in the second quarter. Vanguard Group Inc. now owns 23,898,703 shares of the company’s stock worth $299,689,000 after buying an additional 166,999 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Graphic Packaging Holding by 0.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 8,518,124 shares of the company’s stock worth $119,169,000 after buying an additional 26,249 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Graphic Packaging Holding by 8.5% in the second quarter. Alliancebernstein L.P. now owns 7,460,211 shares of the company’s stock worth $93,551,000 after buying an additional 587,232 shares during the last quarter. 99.19% of the stock is currently owned by hedge funds and other institutional investors.

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The business also recently announced a quarterly dividend, which will be paid on Thursday, January 5th. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Tuesday, December 13th. This is a boost from Graphic Packaging Holding’s previous quarterly dividend of $0.05. Graphic Packaging Holding’s payout ratio is presently 25.97%.

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, Flexible Packaging, and Corporate and Other.

5 Day Chart for NYSE:GPK

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