Universal Beteiligungs und Servicegesellschaft mbH Sells 102,984 Shares of Graphic Packaging Holding Company $GPK

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Graphic Packaging Holding Company (NYSE:GPK) by 39.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,927 shares of the industrial products company’s stock after selling 102,984 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Graphic Packaging were worth $3,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of GPK. Quantum Portfolio Management LLC lifted its position in Graphic Packaging by 5.4% during the third quarter. Quantum Portfolio Management LLC now owns 15,611 shares of the industrial products company’s stock valued at $306,000 after purchasing an additional 800 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Graphic Packaging in the third quarter worth about $367,000. Evergreen Capital Management LLC lifted its position in shares of Graphic Packaging by 87.9% during the 3rd quarter. Evergreen Capital Management LLC now owns 18,412 shares of the industrial products company’s stock valued at $361,000 after buying an additional 8,613 shares in the last quarter. Campbell & CO Investment Adviser LLC lifted its position in shares of Graphic Packaging by 67.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 313,082 shares of the industrial products company’s stock valued at $6,127,000 after buying an additional 126,142 shares in the last quarter. Finally, Pullen Investment Management LLC grew its stake in shares of Graphic Packaging by 10.1% during the 3rd quarter. Pullen Investment Management LLC now owns 176,190 shares of the industrial products company’s stock valued at $3,448,000 after acquiring an additional 16,188 shares during the period. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on GPK shares. Robert W. Baird downgraded shares of Graphic Packaging from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 7th. UBS Group decreased their price objective on shares of Graphic Packaging from $19.00 to $17.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Citigroup dropped their target price on shares of Graphic Packaging from $19.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Wells Fargo & Company lowered Graphic Packaging from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $18.00 to $12.00 in a research note on Tuesday, January 6th. Finally, Zacks Research downgraded Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Eight analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $18.38.

Graphic Packaging Stock Down 1.5%

Shares of GPK stock opened at $14.83 on Thursday. The company’s fifty day simple moving average is $15.45 and its two-hundred day simple moving average is $18.36. Graphic Packaging Holding Company has a 52 week low of $13.93 and a 52 week high of $28.34. The stock has a market cap of $4.38 billion, a P/E ratio of 8.72 and a beta of 0.64. The company has a quick ratio of 0.63, a current ratio of 1.54 and a debt-to-equity ratio of 1.67.

Graphic Packaging (NYSE:GPK) last issued its earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. The firm had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Graphic Packaging had a return on equity of 19.98% and a net margin of 5.94%.Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. Analysts predict that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Monday, December 15th were paid a $0.11 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.0%. Graphic Packaging’s payout ratio is presently 25.88%.

About Graphic Packaging

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.