Seekingalpha.com's article titled: "Graphic Packaging Holding's (GPK) CEO Michael Doss on Q2 2017 Results ..." and published on July 25, 2017 is yet another important article. The company's past year sales total was 1.1 Million. Analysts forecast that Graphic Packaging Holding will post $0.69 earnings per share for the current year.
Graphic Packaging Holding Company (NYSE:GPK) to go ex-dividend.
Graphic Packaging Holding Company on 6/29/2017 reported its EPS as $0.2 with the analysts projecting the EPS of the stock as $0.21. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.09 billion. The value of the total investment in Graphic Packaging Holding Compa went from $3,720,000 to $4,034,000 a change of 8.4% quarter to quarter. It is positive, as 23 investors sold Graphic Packaging Holding Company shares while 88 reduced holdings.
Several ratings analysts have issued ratings on the company. Equities research analysts expect that Graphic Packaging Holding will post $0.69 earnings per share for the current year.
Pacific Alternative Asset Management Company Llc increased Graphic Packaging Hldg Co (GPK) stake by 43.05% reported in 2016Q4 SEC filing. Citigroup maintained it with "Buy" rating and $16 target in Wednesday, July 27 report. Finally, Royal Bank Of Canada restated a "buy" rating and set a $15.00 target price on shares of Graphic Packaging Holding in a research report on Tuesday, April 11th. They issued a "buy" rating and a $17.50 price target for the company. The share price of DRI has risen by over 13.99% in the last six months. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Hedge funds and other institutional investors own 95.58% of the company's stock.
A number of hedge funds have recently bought and sold shares of the company. Alliancebernstein L.P. raised its stake in Graphic Packaging Holding by 14.1% in the first quarter. Goldman Sachs has "Buy" rating and $17 target. Private Advisor Group LLC acquired a new position in Graphic Packaging Holding during the first quarter valued at $104,000. 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. Comerica Bank increased its position in shares of Graphic Packaging Holding by 55.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,729 shares of the industrial products company's stock worth $133,000 after buying an additional 1,348 shares in the last quarter. Tudor Investment Corp ET AL boosted its position in shares of Graphic Packaging Holding by 29.1% in the first quarter. National Investment Services Inc. Accern also assigned press coverage about the industrial products company an impact score of 48.1252304234702 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. Graphic Packaging Holding Company (NYSE:GPK) has risen 2.85% since July 28, 2016 and is uptrending. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & worldwide copyright laws. The original version of this story can be read at https://www.themarketsdaily.com/2017/08/01/graphic-packaging-holding-company-gpk-lowered-to-sell-at-bidaskclub.html.
Shares of Graphic Packaging Holding Company closed the previous trading session at 13.19 up +0.04 0.30% with 2,629,130 shares trading hands.
The company is so far trading down by -0.94 percent from yesterday's close.
The P/E ratio is now 20.20 and market capitalization is 4.08B.
Company chares are trading at $13.12 a bit lower than $13.51, the 50 day moving average and a tad under the 200 day moving average of $13.29. A company with higher PE ratio is more worthy against a company with lower PE ratio.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 5th. The dividend payment was $0.075 per share for the quarter or $0.30 annualized. The ex-dividend date was set for Tuesday the 13th of June 2017. Annual dividend yield of Graphic Packaging Holding Company (GPK) is at 2.27%.
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 divisions include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Business's North American paperboard mills, which produce primarily coated unbleached kraft (CUK) and coated recycled board (CRB).