Graphic Packaging Holding Co (NYSE:GPK) Institutional Investors Sentiment Index Worsens in Q2 2018

October 2, 2018 - By Dolores Ford

Sentiment for Graphic Packaging Holding Co (NYSE:GPK)

Graphic Packaging Holding Co (NYSE:GPK) institutional sentiment decreased to 0.98 in Q2 2018. Its down -0.20, from 1.18 in 2018Q1. The ratio worsened, as 109 funds increased or opened new equity positions, while 111 reduced and sold their stakes in Graphic Packaging Holding Co. The funds in our partner’s database now own: 297.29 million shares, up from 296.37 million shares in 2018Q1. Also, the number of funds holding Graphic Packaging Holding Co in their top 10 equity positions increased from 3 to 6 for an increase of 3. Sold All: 28 Reduced: 83 Increased: 71 New Position: 38.

Graphic Packaging Holding Company, together with its subsidiaries, provides paper packaging solutions to food, beverage, and other consumer products companies. The company has market cap of $4.36 billion. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. It has a 14.62 P/E ratio. The firm offers coated unbleached kraft and coated recycled paperboard (CRB) to various paperboard packaging converters and brokers; and paperboard folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets.

The stock increased 0.29% or $0.04 during the last trading session, reaching $14.05. About 1.58 million shares traded. Graphic Packaging Holding Company (NYSE:GPK) has risen 7.29% since October 2, 2017 and is uptrending. It has underperformed by 8.33% the S&P500.

Analysts await Graphic Packaging Holding Company (NYSE:GPK) to report earnings on October, 23. They expect $0.25 EPS, up 38.89 % or $0.07 from last year’s $0.18 per share. GPK’s profit will be $77.58 million for 14.05 P/E if the $0.25 EPS becomes a reality. After $0.18 actual EPS reported by Graphic Packaging Holding Company for the previous quarter, Wall Street now forecasts 38.89 % EPS growth.

New Mountain Vantage Advisers L.L.C. holds 3.99% of its portfolio in Graphic Packaging Holding Company for 3.57 million shares. National Investment Services Inc Wi owns 195,002 shares or 2.64% of their US portfolio. Moreover, Canyon Capital Advisors Llc has 2.51% invested in the company for 15.49 million shares. The New York-based Archer Capital Management L.P. has invested 2.37% in the stock. Mrj Capital Inc, a New York-based fund reported 254,191 shares.

Graphic Packaging Holding Company (NYSE:GPK) Ratings Coverage

Ratings analysis reveals 100% of Graphic Packaging Holding’s analysts are positive. Out of 6 Wall Street analysts rating Graphic Packaging Holding, 6 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $16.5 while the high is $20. The stock’s average target of $18.08 is 28.68% above today’s ($14.05) share price. GPK was included in 8 notes of analysts from April 5, 2018. On Thursday, April 5 the stock rating was maintained by Citigroup with “Buy”. Citigroup maintained it with “Buy” rating and $17 target in Wednesday, July 25 report. Robert W. Baird maintained it with “Buy” rating and $1800 target in Friday, June 15 report. The firm earned “Buy” rating on Monday, July 16 by Bank of America. Bank of America maintained Graphic Packaging Holding Company (NYSE:GPK) on Wednesday, July 25 with “Buy” rating. The stock of Graphic Packaging Holding Company (NYSE:GPK) has “Buy” rating given on Wednesday, April 25 by RBC Capital Markets. The stock of Graphic Packaging Holding Company (NYSE:GPK) has “Buy” rating given on Tuesday, April 24 by BMO Capital Markets.

Graphic Packaging Holding Company (NYSE:GPK) Institutional Positions Chart

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