Dimensional Fund Advisors LP Grows Position in Graphic Packaging Holding (NYSE:GPK)

Dimensional Fund Advisors LP boosted its position in shares of Graphic Packaging Holding (NYSE:GPKFree Report) by 6.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,730,425 shares of the industrial products company’s stock after acquiring an additional 328,258 shares during the period. Dimensional Fund Advisors LP owned about 1.87% of Graphic Packaging worth $141,259,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Securities Inc. purchased a new stake in Graphic Packaging during the fourth quarter worth approximately $26,000. GAMMA Investing LLC purchased a new stake in shares of Graphic Packaging during the 4th quarter worth approximately $44,000. Venturi Wealth Management LLC boosted its holdings in shares of Graphic Packaging by 39.6% in the 3rd quarter. Venturi Wealth Management LLC now owns 2,372 shares of the industrial products company’s stock valued at $53,000 after buying an additional 673 shares in the last quarter. CVA Family Office LLC purchased a new position in shares of Graphic Packaging in the 4th quarter valued at $62,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in Graphic Packaging during the 4th quarter worth $64,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GPK has been the subject of several research analyst reports. Citigroup upped their price objective on shares of Graphic Packaging from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. Robert W. Baird raised their price target on Graphic Packaging from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, February 22nd. StockNews.com lowered Graphic Packaging from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Finally, Wells Fargo & Company reissued an “underweight” rating and issued a $21.00 price objective on shares of Graphic Packaging in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $28.13.

View Our Latest Analysis on GPK

Insiders Place Their Bets

In other news, EVP Joseph P. Yost sold 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $26.20, for a total value of $1,834,000.00. Following the completion of the sale, the executive vice president now directly owns 205,231 shares of the company’s stock, valued at approximately $5,377,052.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is currently owned by insiders.

Graphic Packaging Price Performance

Graphic Packaging stock opened at $28.13 on Friday. The business has a 50 day simple moving average of $27.87 and a 200-day simple moving average of $25.62. Graphic Packaging Holding has a 12 month low of $20.07 and a 12 month high of $29.50. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.24 and a quick ratio of 0.52. The stock has a market capitalization of $8.64 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86.

Graphic Packaging (NYSE:GPKGet Free Report) last released its earnings results on Tuesday, April 30th. The industrial products company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.63 by $0.03. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.38 billion. Graphic Packaging had a net margin of 7.36% and a return on equity of 32.55%. The business’s revenue was down 7.3% on a year-over-year basis. During the same quarter last year, the business earned $0.77 EPS. Equities analysts predict that Graphic Packaging Holding will post 2.69 earnings per share for the current year.

About Graphic Packaging

(Free Report)

Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.

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

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