Campbell & CO Investment Adviser LLC Invests $160,000 in Graphic Packaging Holding (NYSE:GPK)

Campbell & CO Investment Adviser LLC purchased a new position in Graphic Packaging Holding (NYSE:GPK) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,880 shares of the industrial products company’s stock, valued at approximately $160,000.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of Graphic Packaging by 9.7% in the 2nd quarter. BlackRock Inc. now owns 14,593,172 shares of the industrial products company’s stock worth $204,013,000 after purchasing an additional 1,285,105 shares during the last quarter. Schroder Investment Management Group boosted its position in shares of Graphic Packaging by 1.2% in the 2nd quarter. Schroder Investment Management Group now owns 6,611,734 shares of the industrial products company’s stock worth $92,432,000 after purchasing an additional 78,640 shares during the last quarter. Marshall Wace North America L.P. boosted its position in shares of Graphic Packaging by 65.9% in the 2nd quarter. Marshall Wace North America L.P. now owns 3,006,131 shares of the industrial products company’s stock worth $42,026,000 after purchasing an additional 1,193,788 shares during the last quarter. Invesco Ltd. boosted its position in shares of Graphic Packaging by 60.5% in the 2nd quarter. Invesco Ltd. now owns 2,931,459 shares of the industrial products company’s stock worth $40,982,000 after purchasing an additional 1,105,340 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its position in shares of Graphic Packaging by 74.7% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,600,068 shares of the industrial products company’s stock worth $36,349,000 after purchasing an additional 1,111,724 shares during the last quarter.

GPK stock opened at $15.34 on Wednesday. The business’s 50-day moving average price is $14.32 and its two-hundred day moving average price is $13.84. The company has a current ratio of 1.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.46. The firm has a market cap of $4.31 billion, a PE ratio of 18.94, a P/E/G ratio of 1.30 and a beta of 1.35. Graphic Packaging Holding has a 1-year low of $10.04 and a 1-year high of $15.88.

Graphic Packaging (NYSE:GPK) last posted its earnings results on Tuesday, October 22nd. The industrial products company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.57 billion. Graphic Packaging had a return on equity of 12.94% and a net margin of 4.32%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 earnings per share. On average, analysts forecast that Graphic Packaging Holding will post 0.87 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Saturday, October 5th. Shareholders of record on Sunday, September 15th were issued a dividend of $0.075 per share. The ex-dividend date was Thursday, September 12th. This represents a $0.30 annualized dividend and a yield of 1.96%. Graphic Packaging’s dividend payout ratio is presently 37.04%.

Several research analysts have recently issued reports on GPK shares. Citigroup raised their price target on Graphic Packaging from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Zacks Investment Research lowered Graphic Packaging from a “buy” rating to a “hold” rating in a research report on Thursday, August 15th. Finally, KeyCorp reiterated a “hold” rating on shares of Graphic Packaging in a report on Thursday, September 26th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $16.00.

Graphic Packaging Profile

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK), coated recycled paperboard (CRB), and solid bleached sulfate paperboard (SBS) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons and cups, lids, and food containers primarily to consumer packaged goods, quick-service restaurants, and foodservice companies.

Recommended Story: How does the Beige Book influence monetary policy?

Want to see what other hedge funds are holding GPK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graphic Packaging Holding (NYSE:GPK).

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

Receive News & Ratings for Graphic Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphic Packaging and related companies with MarketBeat.com's FREE daily email newsletter.