Marsh & McLennan Companies, Inc. (MMC), Graphic Packaging Holding Company (GPK)

Jefferies maintained Graphic Packaging Holding Company (NYSE:GPK) on Monday, August 21 with "Hold" rating. Graphic Packaging Holding posted sales of $1.06 billion in the same quarter last year, which would indicate a positive year over year growth rate of 5.7%.

Graphic Packaging Holding Company most recently reported earnings per share (EPS) of $0.18 for the September 2017 versus $0.2 in the same quarter past year, representing -10% growth. 0 analysts call it Underweight, while 4 think it is Overweight.

About Graphic Packaging Holding Company 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.

Graphic Packaging (NYSE:GPK) last issued its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $0.18 earnings per share for the quarter, meeting analysts' consensus estimates of $0.18. Graphic Packaging Holding Company had a net margin of 5.30% and a return on equity of 21.46%. The firm had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter past year, the firm earned $0.20 earnings per share. The company's revenue was up 3.1% on a year-over-year basis. KeyCorp reiterated a "hold" rating on shares of Graphic Packaging in a report on Wednesday, October 4th. There are brokerage firms with lower targets than the average, including one setting a price target of $15. DA Davidson reissued a buy rating and issued a $16.50 target price (down from $17.50) on shares of Graphic Packaging in a research note on Monday, August 21st. Zacks Investment Research upgraded Graphic Packaging Holding from a "hold" rating to a "buy" rating and set a $16.00 price objective for the company in a research report on Thursday, October 12th. During the last 52 weeks, the price has been as high as $15.85 and as low as $12. At present, 0 analysts call it Sell, while 12 think it is Hold. Graphic Packaging presently has a consensus rating of Buy and a consensus price target of $16.26.

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Graphic Packaging Holding (GPK) traded down $0.05 during mid-day trading on Friday, hitting $15.42. The volume of GPK witnessed a shift from 3.25 million shares, based on a 50-day average, to 3.44 million shares. Graphic Packaging Holding has a 52-week low of $12.00 and a 52-week high of $15.85. The company has a current ratio of 1.50, a quick ratio of 0.74 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $4,744.82, a P/E ratio of 25.11, a PEG ratio of 4.69 and a beta of 1.19. The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Investors of record on Friday, December 15th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Thursday, December 14th.

In other Graphic Packaging news, VP Deborah R. Frank sold 38,266 shares of the firm's stock in a transaction on Friday, October 27th. Institutional investors own 92.99% of the company's stock. Van ECK Associates Corp now owns 7,630 shares of the industrial products company's stock valued at $105,000 after buying an additional 117 shares in the last quarter. Bronfman E.L. Rothschild L.P. now owns 8,100 shares of the industrial products company's stock valued at $112,000 after buying an additional 61 shares in the last quarter. Boston Partners lifted its holdings in shares of Graphic Packaging by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 8,994,618 shares of the industrial products company's stock worth $123,946,000 after buying an additional 696,161 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its holdings in shares of Graphic Packaging by 463.3% in the 2nd quarter. Eagle Boston Investment Management Inc. now owns 10,773 shares of the industrial products company's stock valued at $148,000 after buying an additional 163 shares in the last quarter.

TRADEMARK VIOLATION WARNING: "Graphic Packaging (GPK) Raised to "Hold" at Zacks Investment Research" was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. Currently, 1.19 billion total shares are owned by the public and among those 1.17 billion shares have been available to trade. If you are reading this piece on another domain, it was illegally copied and republished in violation of global trademark and copyright legislation. If you are viewing this piece of content on another domain, it was stolen and republished in violation of US & worldwide trademark and copyright legislation. The firm offers coated unbleached kraft and coated recycled paperboard (CRB) to various paperboard packaging converters and brokers; and paperboard folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets. It operates through three divisions: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging.

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