Shares of Graphic Packaging Holding Co. (NYSE:GPK) reached a new 52-week high on Tuesday . The stock traded as high as $14.55 and last traded at $14.46, with a volume of 2,340,510 shares. The stock had previously closed at $14.25.

GPK has been the subject of several research reports. BMO Capital Markets reissued a “buy” rating on shares of Graphic Packaging Holding in a report on Wednesday, April 27th. Zacks Investment Research cut Graphic Packaging Holding from a “hold” rating to a “sell” rating in a report on Thursday, April 28th. Robert W. Baird reissued a “buy” rating on shares of Graphic Packaging Holding in a report on Sunday, May 8th. Goldman Sachs Group Inc. initiated coverage on Graphic Packaging Holding in a report on Thursday, May 12th. They set a “buy” rating and a $17.00 price target for the company. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Graphic Packaging Holding in a report on Wednesday, May 18th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $15.50.

The company has a market capitalization of $4.62 billion and a PE ratio of 18.665. The firm’s 50-day moving average is $13.44 and its 200 day moving average is $12.96.

Graphic Packaging Holding (NYSE:GPK) last released its earnings results on Tuesday, July 26th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. During the same period in the prior year, the company earned $0.19 earnings per share. The business earned $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. The business’s revenue was up 4.4% on a year-over-year basis. Equities analysts anticipate that Graphic Packaging Holding Co. will post $0.79 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 5th. Stockholders of record on Thursday, September 15th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Tuesday, September 13th.

In other news, Director Harold R. Logan, Jr. sold 14,568 shares of the company’s stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $13.99, for a total value of $203,806.32. Following the completion of the transaction, the director now directly owns 58,076 shares of the company’s stock, valued at $812,483.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

A number of institutional investors have recently made changes to their positions in GPK. First Trust Advisors LP raised its position in shares of Graphic Packaging Holding by 58.4% in the fourth quarter. First Trust Advisors LP now owns 103,862 shares of the company’s stock valued at $1,333,000 after buying an additional 38,279 shares during the period. Bank of Montreal Can raised its position in shares of Graphic Packaging Holding by 2.3% in the fourth quarter. Bank of Montreal Can now owns 117,623 shares of the company’s stock valued at $1,508,000 after buying an additional 2,694 shares during the period. US Bancorp DE raised its position 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 valued at $1,848,000 after buying an additional 69,236 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Graphic Packaging Holding by 1.5% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,450,636 shares of the company’s stock valued at $18,612,000 after buying an additional 21,377 shares during the period. Finally, Morgan Stanley raised its position in shares of Graphic Packaging Holding by 4.8% in the fourth quarter. Morgan Stanley now owns 1,802,288 shares of the company’s stock valued at $23,123,000 after buying an additional 83,125 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.

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