Graphic Packaging Holding Co. (NYSE:GPK)’s share price gapped up before the market opened on Friday . The stock had previously closed at $13.20, but opened at $13.22. Graphic Packaging Holding shares last traded at $13.27, with a volume of 1,209,216 shares traded.

GPK has been the topic of several recent research reports. BMO Capital Markets restated a “buy” rating on shares of Graphic Packaging Holding in a research report on Wednesday, April 27th. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a $16.50 price objective on shares of Graphic Packaging Holding in a research report on Wednesday, June 1st. Deutsche Bank AG reiterated a “buy” rating on shares of Graphic Packaging Holding in a research report on Wednesday, May 18th. Zacks Investment Research upgraded Graphic Packaging Holding from a “sell” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Friday, April 29th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Graphic Packaging Holding in a research report on Sunday, May 8th. One research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $15.64.

The stock has a market cap of $4.26 billion and a P/E ratio of 18.67. The firm’s 50 day moving average is $12.93 and its 200-day moving average is $12.64.

Graphic Packaging Holding (NYSE:GPK) last posted its earnings results on Tuesday, April 26th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. During the same quarter in the prior year, the firm posted $0.17 earnings per share. The firm earned $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Graphic Packaging Holding’s quarterly revenue was up 2.6% on a year-over-year basis. Equities research analysts predict that Graphic Packaging Holding Co. will post $0.80 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 5th. Investors of record on Wednesday, June 15th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, June 13th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.51%.

In other Graphic Packaging Holding news, SVP Alan R. Nichols sold 79,774 shares of the company’s stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $13.40, for a total transaction of $1,068,971.60. Following the sale, the senior vice president now directly owns 229,749 shares in the company, valued at $3,078,636.60. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman David W. Scheible sold 150,000 shares of the company’s stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $13.24, for a total value of $1,986,000.00. Following the sale, the chairman now owns 922,678 shares in the company, valued at $12,216,256.72. The disclosure for this sale can be found here.

A number of large investors recently modified their holdings of GPK. Trexquant Investment LP increased its stake in shares of Graphic Packaging Holding by 15.9% in the fourth quarter. Trexquant Investment LP now owns 233,400 shares of the company’s stock worth $2,995,000 after buying an additional 32,000 shares during the period. US Bancorp DE increased its stake in shares of Graphic Packaging Holding by 92.5% in the fourth quarter. US Bancorp DE now owns 144,120 shares of the company’s stock worth $1,848,000 after buying an additional 69,236 shares during the period. Marshall Wace LLP increased its stake in shares of Graphic Packaging Holding by 5,253.6% in the fourth quarter. Marshall Wace LLP now owns 1,569,986 shares of the company’s stock worth $20,143,000 after buying an additional 1,540,660 shares during the period. MUFG Americas Holdings Corp increased its stake in shares of Graphic Packaging Holding by 43,887.8% in the fourth quarter. MUFG Americas Holdings Corp now owns 104,691 shares of the company’s stock worth $1,343,000 after buying an additional 104,453 shares during the period. Finally, Whittier Trust Co. increased its stake in shares of Graphic Packaging Holding by 1.1% in the fourth quarter. Whittier Trust Co. now owns 114,211 shares of the company’s stock worth $1,465,000 after buying an additional 1,196 shares during the period.

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, Flexible Packaging, and Corporate and Other.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.