Aperio Group LLC cut its stake in shares of Graphic Packaging Holding Company (NYSE:GPK) by 9.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,147 shares of the industrial products company’s stock after selling 9,627 shares during the period. Aperio Group LLC’s holdings in Graphic Packaging Holding were worth $1,341,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in GPK. BlackRock Inc. increased its position in shares of Graphic Packaging Holding by 16,552.6% during 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 during the period. State Street Corp increased its position in shares of Graphic Packaging Holding by 3.9% during the first quarter. State Street Corp now owns 4,083,233 shares of the industrial products company’s stock valued at $52,556,000 after buying an additional 154,482 shares during the period. Bank of Montreal Can increased its position in shares of Graphic Packaging Holding by 5.9% during the second quarter. Bank of Montreal Can now owns 1,074,309 shares of the industrial products company’s stock valued at $14,804,000 after buying an additional 60,170 shares during the period. Meeder Asset Management Inc. increased its position in shares of Graphic Packaging Holding by 463.3% during the second quarter. Meeder Asset Management Inc. now owns 11,914 shares of the industrial products company’s stock valued at $164,000 after buying an additional 9,799 shares during the period. Finally, Highland Capital Management LLC increased its position in shares of Graphic Packaging Holding by 13.2% during the second quarter. Highland Capital Management LLC now owns 372,863 shares of the industrial products company’s stock valued at $5,138,000 after buying an additional 43,572 shares during the period. Hedge funds and other institutional investors own 98.23% of the company’s stock.

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Graphic Packaging Holding Company (GPK) opened at $15.47 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.50 and a quick ratio of 0.74. The firm has a market cap of $4,797.47, a P/E ratio of 25.39, a P/E/G ratio of 4.72 and a beta of 1.20. Graphic Packaging Holding Company has a 52-week low of $12.00 and a 52-week high of $15.85.

Graphic Packaging Holding (NYSE:GPK) last posted its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $0.18 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Graphic Packaging Holding had a net margin of 3.70% and a return on equity of 17.27%. Graphic Packaging Holding’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 earnings per share. analysts anticipate that Graphic Packaging Holding Company will post 0.66 EPS for the current year.

In related news, VP Deborah R. Frank sold 38,266 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $15.51, for a total value of $593,505.66. Following the transaction, the vice president now directly owns 77,139 shares in the company, valued at $1,196,425.89. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.02% of the stock is currently owned by corporate insiders.

Several equities research analysts have recently weighed in on GPK shares. Zacks Investment Research upgraded Graphic Packaging Holding from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Thursday, October 12th. BMO Capital Markets reiterated a “buy” rating and set a $15.50 price target on shares of Graphic Packaging Holding in a research report on Friday, September 1st. DA Davidson reiterated a “buy” rating and set a $16.50 price target (down from $17.50) on shares of Graphic Packaging Holding in a research report on Monday, August 21st. Royal Bank Of Canada reiterated a “buy” rating and set a $15.00 price target on shares of Graphic Packaging Holding in a research report on Tuesday, October 10th. Finally, KeyCorp reiterated a “hold” rating on shares of Graphic Packaging Holding in a research report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $16.13.

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.

Institutional Ownership by Quarter for Graphic Packaging Holding (NYSE:GPK)

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