Graphic Packaging Holding Company (NYSE:GPK)‘s stock had its “hold” rating restated by KeyCorp in a research report issued on Wednesday.

Several other analysts also recently issued reports on the company. BidaskClub downgraded Graphic Packaging Holding from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. BMO Capital Markets reissued a “buy” rating and set a $15.50 target price on shares of Graphic Packaging Holding in a research note on Friday, September 1st. Zacks Investment Research raised Graphic Packaging Holding from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. DA Davidson reaffirmed 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. Finally, Jefferies Group LLC reaffirmed 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 equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $15.54.

Shares of Graphic Packaging Holding (NYSE GPK) traded up 0.106% during midday trading on Wednesday, reaching $14.175. The company had a trading volume of 2,214,567 shares. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 26.299 and a beta of 1.16. Graphic Packaging Holding has a 12-month low of $12.00 and a 12-month high of $14.35. The company has a 50 day moving average of $13.36 and a 200 day moving average of $13.40.

Graphic Packaging Holding (NYSE:GPK) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The business had revenue of $1.09 billion for 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 business’s revenue for the quarter was down .8% on a year-over-year basis. During the same period last year, the firm posted $0.19 earnings per share. Analysts anticipate that Graphic Packaging Holding will post $0.68 EPS for the current year.

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Several hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp raised its position 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 acquiring an additional 205,991 shares in the last quarter. American Century Companies Inc. raised its position 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 acquiring an additional 644,863 shares in the last quarter. BlackRock Inc. raised its position 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 acquiring an additional 14,803,973 shares in the last quarter. Vanguard Group Inc. raised its position 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 acquiring an additional 896,031 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position 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 acquiring an additional 29,761 shares in the last quarter. Institutional investors and hedge funds own 95.00% of the company’s stock.

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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