Zacks Investment Research Upgrades Graphic Packaging (GPK) to "Hold"

Lester Mason
January 13, 2018

About 1.59M shares traded.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, October 24th. It has underperformed by 54.59% the S&P500.

The firm attains analyst recommendation of 2.90 on scale of 1-5 with week's performance of 0.24%. Therefore 75% are positive. Monsanto Company had 60 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Dougherty on Friday, August 4 with "Sell". The stock of Vectura Group plc (LON:VEC) earned "Buy" rating by Numis Securities on Monday, December 5. The firm has "Hold" rating given on Wednesday, August 9 by Canaccord Genuity. The stock of Graphic Packaging Holding Company (NYSE:GPK) has "Hold" rating given on Monday, August 21 by Jefferies. The stock of Monsanto Company (NYSE:MON) has "Equal Weight" rating given on Thursday, January 7 by Barclays Capital. Tradewinds Capital Mngmt Ltd reported 50 shares. The firm earned "Outperform" rating on Thursday, June 30 by Credit Suisse.

Tribune Media Company (TRCO) exchanged hands at an unexpectedly high level of 3.22 million shares over the course of the day. It also offers mountable, wearable, and voice activated accessories comprising equipment mounts consisting of helmet, handlebar, roll bar, and tripod mounts that enable clients to wear the mount on their bodies, such as wrist housings, chest harnesses, and head straps. Edgar Lomax Va invested in 1.11% or 50,775 shares.

The PX also have attractive liquidity position, it has current ratio of 1.10 and quick ratio was calculated as 0.90.


A number of large investors have recently modified their holdings of the stock. 84 funds opened positions while 244 raised stakes. Mitsubishi Ufj Ltd stated it has 60 shares. Ami Asset Mgmt, a California-based fund reported 652,828 shares. Omers Administration owns 347,300 shares. 20,927 were reported by Sg Americas Limited Company. Quantitative Systematic Strategies Ltd Llc reported 0.24% stake. Evercore Wealth Mgmt Ltd Co accumulated 307 shares. American Century Companies Inc. now owns 15,844,681 shares of the industrial products company's stock worth $221,033,000 after purchasing an additional 11,210,161 shares during the period. GPK's free cash flow ("FCF") per share for the trailing twelve months was +0.21. 18,311 were reported by Amica Mutual Ins Co. Moreover, Broadview Advisors Llc has 2.57% invested in the company for 331,750 shares. Cipher Cap LP holds 0.14% or 135,707 shares. The stock closed maximum at $16.56 over the 52 weeks but is now -2.11% away from that point.

Graphic Packaging Holding Company (NYSE:GPK) ended its day at 16.21 with the rising stream of 0.25% and its total traded volume was 4.87 million shares more than the average volume. Monsanto Company (NYSE:MON) has risen 15.46% since January 7, 2017 and is uptrending. It has underperformed by 13.85% the S&P500.

Investors sentiment increased to 1.24 in Q3 2017. Its up 0.12, from 0.83 in 2017Q2. The institutional investor held 1.03 million shares of the containers and packaging company at the end of 2017Q3, valued at $14.37 million, up from 178,130 at the end of the previous reported quarter. 294.74 million shares or 2.31% more from 288.07 million shares in 2017Q2 were reported. Raymond James Associates stated it has 518,279 shares. New York-based Capital One Natl Association has invested 0.02% in Tractor Supply Company (NASDAQ:TSCO). 91,197 are owned by Wright Invsts Serv. Employees Retirement Sys Of Ohio, Ohio-based fund reported 104,370 shares. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,818 shares of the industrial products company's stock worth $163,000 after purchasing an additional 1,123 shares during the last quarter. Lenox Wealth Mgmt Incorporated holds 0% of its portfolio in Monsanto Company (NYSE:MON) for 115 shares.

Over the past five trading sessions shares of Graphic Packaging Holding Company (NYSE:GPK) are 4.66%; 5.34% for the month; 14.19% for the last quarter; 17.09% for the past six-months; and 26.03% for the last 12 months. Services Wi owns 24,165 shares. Bronfman E.L. Rothschild L.P. increased its stake in shares of Graphic Packaging Holding Company by 8.7% in the third quarter. Graphic Packaging's dividend payout ratio (DPR) is presently 58.82%. 12,596 are held by Manufacturers Life The. State Of Tennessee Treasury Department has 0.01% invested in Tractor Supply Company (NASDAQ:TSCO) for 34,473 shares. The consensus rating is 2, indicating analysts in general look favorably on the company's future prospects. Therefore 62% are positive. The firm has "Outperform" rating by RBC Capital Markets given on Friday, September 30. RBC Capital Markets maintained the shares of GPK in report on Friday, September 8 with "Buy" rating. Goldman Sachs downgraded the stock to "Buy" rating in Monday, January 4 report. Jefferies downgraded Graphic Packaging Holding Company (NYSE:GPK) on Friday, January 20 to "Hold" rating. The stock of Graphic Packaging Holding Company (NYSE:GPK) has "Buy" rating given on Wednesday, July 27 by Citigroup. Wells Fargo maintained Monsanto Company (NYSE:MON) rating on Tuesday, October 10. The stock of Graphic Packaging Holding Company (NYSE:GPK) has "Hold" rating given on Tuesday, October 3 by KeyBanc Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, April 12 with "Buy".

Graphic Packaging Holding Company (NYSE:GPK) has seen its stock price gain 0.72, or +4.66%, so far in 2017. Ahl Partners Llp who had been investing in Graphic Packaging Hldg Co for a number of months, seems to be bullish on the $5.03B market cap company. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging.

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