Graphic Packaging Holding (NYSE:GPK) Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC decreased its stake in Graphic Packaging Holding (NYSE:GPK) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,280,646 shares of the industrial products company’s stock after selling 78,181 shares during the period. Graphic Packaging makes up 1.3% of Thompson Siegel & Walmsley LLC’s investment portfolio, making the stock its 18th largest holding. Thompson Siegel & Walmsley LLC owned 1.07% of Graphic Packaging worth $80,867,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Securities Inc. purchased a new position in shares of Graphic Packaging in the fourth quarter valued at $26,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Graphic Packaging by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,968,801 shares of the industrial products company’s stock worth $73,181,000 after acquiring an additional 70,413 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Graphic Packaging by 21.1% in the fourth quarter. Private Advisor Group LLC now owns 22,443 shares of the industrial products company’s stock valued at $553,000 after acquiring an additional 3,910 shares in the last quarter. Metis Global Partners LLC acquired a new stake in shares of Graphic Packaging during the fourth quarter valued at $262,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new position in shares of Graphic Packaging during the fourth quarter valued at approximately $131,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Graphic Packaging

In other news, EVP Joseph P. Yost sold 70,000 shares of Graphic Packaging 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 transaction, the executive vice president now owns 205,231 shares in the company, valued at approximately $5,377,052.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.20% of the stock is currently owned by corporate insiders.

Graphic Packaging Stock Down 0.5 %

Shares of NYSE:GPK traded down $0.14 during midday trading on Friday, hitting $27.79. 1,441,431 shares of the company’s stock traded hands, compared to its average volume of 2,680,784. The firm’s fifty day moving average price is $27.69 and its two-hundred day moving average price is $25.34. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.52 and a current ratio of 1.24. Graphic Packaging Holding has a twelve month low of $20.07 and a twelve month high of $29.50. The company has a market cap of $8.54 billion, a PE ratio of 12.58, a P/E/G ratio of 0.42 and a beta of 0.86.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.38 billion. Graphic Packaging had a net margin of 7.36% and a return on equity of 32.55%. The business’s quarterly revenue was down 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 earnings per share. On average, equities research analysts anticipate that Graphic Packaging Holding will post 2.69 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Shareholders of record on Friday, March 15th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.40 annualized dividend and a yield of 1.44%. Graphic Packaging’s dividend payout ratio is presently 18.10%.

Graphic Packaging Company Profile

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.