Y Intercept Hong Kong Ltd Takes $2.68 Million Position in Graphic Packaging Holding Company $GPK

Y Intercept Hong Kong Ltd acquired a new position in shares of Graphic Packaging Holding Company (NYSE:GPK) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 137,092 shares of the industrial products company’s stock, valued at approximately $2,683,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. AQR Capital Management LLC raised its position in shares of Graphic Packaging by 36.6% during the 1st quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock worth $4,453,000 after purchasing an additional 45,944 shares during the period. Goldman Sachs Group Inc. increased its position in Graphic Packaging by 9.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock worth $38,201,000 after buying an additional 132,692 shares during the period. GAMMA Investing LLC lifted its stake in Graphic Packaging by 54.7% in the second quarter. GAMMA Investing LLC now owns 5,841 shares of the industrial products company’s stock valued at $123,000 after buying an additional 2,065 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of Graphic Packaging by 46.5% during the second quarter. Fifth Third Bancorp now owns 6,556 shares of the industrial products company’s stock valued at $138,000 after acquiring an additional 2,080 shares during the period. Finally, State of Alaska Department of Revenue grew its position in shares of Graphic Packaging by 195.1% during the second quarter. State of Alaska Department of Revenue now owns 103,750 shares of the industrial products company’s stock worth $2,185,000 after acquiring an additional 68,595 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Graphic Packaging Trading Up 0.9%

Shares of GPK stock opened at $15.32 on Wednesday. The stock has a 50-day simple moving average of $15.46 and a 200 day simple moving average of $18.39. The stock has a market capitalization of $4.52 billion, a P/E ratio of 8.84 and a beta of 0.64. Graphic Packaging Holding Company has a fifty-two week low of $13.93 and a fifty-two week high of $28.34. 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 quarterly earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.17 billion. Graphic Packaging had a net margin of 5.94% and a return on equity of 19.98%. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. On average, sell-side analysts expect that Graphic Packaging Holding Company will post 2.47 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Monday, December 15th were issued a $0.11 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.9%. Graphic Packaging’s dividend payout ratio is currently 25.88%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Zacks Research downgraded shares of Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Truist Financial reduced their price objective on Graphic Packaging from $20.00 to $18.00 and set a “hold” rating for the company in a research report on Tuesday, January 6th. UBS Group decreased their price objective on Graphic Packaging from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Royal Bank Of Canada set a $16.00 target price on Graphic Packaging and gave the company a “sector perform” rating in a research note on Thursday, January 15th. Finally, Wells Fargo & Company lowered Graphic Packaging from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $18.00 to $12.00 in a research report on Tuesday, January 6th. Eight analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $18.38.

Graphic Packaging Company Profile

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.