WestRock Co. (NYSE:WRK) was down 3% during trading on Monday . The company traded as low as $43.57 and last traded at $44.03, with a volume of 1,060,612 shares trading hands. The stock had previously closed at $45.41.

A number of equities research analysts recently commented on WRK shares. Barclays PLC increased their price target on WestRock from $40.00 to $41.00 and gave the company an “equal weight” rating in a research report on Monday, May 2nd. Jefferies Group reaffirmed a “buy” rating on shares of WestRock in a research report on Monday. Zacks Investment Research lowered WestRock from a “hold” rating to a “strong sell” rating in a research report on Monday, July 4th. Citigroup Inc. raised their target price on WestRock from $43.30 to $46.00 and gave the company a “buy” rating in a research report on Monday, June 13th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and set a $52.00 target price on shares of WestRock in a research report on Tuesday, May 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. WestRock has a consensus rating of “Buy” and a consensus price target of $55.29.

The company’s market capitalization is $11.03 billion. The company has a 50-day moving average of $42.32 and a 200 day moving average of $38.94.

WestRock (NYSE:WRK) last released its earnings results on Thursday, August 4th. The company reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.05. The company earned $3.60 million during the quarter, compared to the consensus estimate of $3.70 billion. The company’s revenue was down 2.8% compared to the same quarter last year. During the same period last year, the firm posted $1.15 earnings per share. Analysts expect that WestRock Co. will post $3.96 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 22nd. Stockholders of record on Friday, August 12th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Wednesday, August 10th.

Several hedge funds and institutional investors have made changes to their positions in the stock. BlackRock Advisors LLC increased its position in shares of WestRock by 109.9% in the fourth quarter. BlackRock Advisors LLC now owns 1,652,967 shares of the company’s stock worth $75,408,000 after buying an additional 865,613 shares during the last quarter. American International Group Inc. increased its position in shares of WestRock by 0.4% in the fourth quarter. American International Group Inc. now owns 100,831 shares of the company’s stock worth $4,600,000 after buying an additional 401 shares during the last quarter. Finally, Suntrust Banks Inc. increased its position in shares of WestRock by 23.1% in the fourth quarter. Suntrust Banks Inc. now owns 35,722 shares of the company’s stock worth $1,628,000 after buying an additional 6,710 shares during the last quarter.

Westrock Company is a provider of packaging solutions and manufactures containerboard and paperboard. The Company’s operating segments include Corrugated Packaging, Consumer Packaging, Specialty Chemicals, and Land and Development. The Company operates in North America, South America, Europe and Asia.

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