Schroder Investment Management Group increased its position in shares of Graphic Packaging Holding Company (NYSE:GPK) by 4,802.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,641,767 shares of the industrial products company’s stock after purchasing an additional 3,567,480 shares during the period. Schroder Investment Management Group owned 1.18% of Graphic Packaging worth $50,475,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in Graphic Packaging by 10.1% during the second quarter. Bank of New York Mellon Corp now owns 2,246,774 shares of the industrial products company’s stock worth $30,961,000 after purchasing an additional 205,991 shares during the last quarter. American Century Companies Inc. increased its position in Graphic Packaging by 16.2% during the second quarter. American Century Companies Inc. now owns 4,634,520 shares of the industrial products company’s stock worth $63,864,000 after purchasing an additional 644,863 shares during the last quarter. Ameriprise Financial Inc. increased its position in Graphic Packaging by 292.7% during the second quarter. Ameriprise Financial Inc. now owns 2,816,525 shares of the industrial products company’s stock worth $38,816,000 after purchasing an additional 2,099,223 shares during the last quarter. Shell Asset Management Co. increased its position in Graphic Packaging by 34.3% during the third quarter. Shell Asset Management Co. now owns 269,408 shares of the industrial products company’s stock worth $3,349,000 after purchasing an additional 68,843 shares during the last quarter. Finally, Sei Investments Co. increased its position in Graphic Packaging by 24.7% during the third quarter. Sei Investments Co. now owns 880,593 shares of the industrial products company’s stock worth $12,284,000 after purchasing an additional 174,462 shares during the last quarter. Hedge funds and other institutional investors own 96.91% of the company’s stock.

In related news, VP Deborah R. Frank sold 38,266 shares of Graphic Packaging stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $15.51, for a total value of $593,505.66. Following the completion of the transaction, the vice president now owns 77,139 shares in the company, valued at $1,196,425.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.02% of the stock is owned by insiders.

Graphic Packaging Holding Company (GPK) traded down $0.05 during midday trading on Friday, hitting $15.26. 2,766,066 shares of the stock traded hands, compared to its average volume of 3,955,482. The company has a current ratio of 1.50, a quick ratio of 0.74 and a debt-to-equity ratio of 1.96. Graphic Packaging Holding Company has a twelve month low of $12.00 and a twelve month high of $15.85. The stock has a market capitalization of $4,740.00, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 4.59 and a beta of 1.20.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $0.18 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. Graphic Packaging had a net margin of 3.70% and a return on equity of 17.27%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the firm posted $0.20 earnings per share. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. analysts forecast that Graphic Packaging Holding Company will post 0.65 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Friday, December 15th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.30 dividend on an annualized basis and a yield of 1.97%. Graphic Packaging’s dividend payout ratio is currently 58.82%.

GPK has been the subject of several research analyst reports. BidaskClub raised shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Zacks Investment Research raised shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Friday, August 18th. DA Davidson reaffirmed a “buy” rating and set a $16.50 target price (down previously from $17.50) on shares of Graphic Packaging in a research note on Monday, August 21st. BMO Capital Markets reaffirmed a “buy” rating and set a $15.50 target price on shares of Graphic Packaging in a research note on Friday, September 1st. Finally, KeyCorp reaffirmed a “hold” rating on shares of Graphic Packaging in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. Graphic Packaging presently has an average rating of “Buy” and an average target price of $16.26.

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Graphic Packaging Profile

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, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.

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Institutional Ownership by Quarter for Graphic Packaging (NYSE:GPK)

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