Media stories about Graphic Packaging (NYSE:GPK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Graphic Packaging earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.1104181360798 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Graphic Packaging Holding (GPK) to Issue Quarterly Dividend of $0.08 (americanbankingnews.com)
- International Paper says Smurfit Kappa deal “would have been excellent strategic fit” (rte.ie)
- Graphic Packaging (GPK) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Reasons to Add Packaging Corporation (PKG) to Your Portfolio (finance.yahoo.com)
- First Trust Advisors LP Has $7.01 Million Stake in Graphic Packaging Holding (GPK) (americanbankingnews.com)
Shares of Graphic Packaging (NYSE GPK) opened at $15.63 on Friday. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 1.71. Graphic Packaging has a 12-month low of $12.53 and a 12-month high of $16.74. The firm has a market cap of $4,763.43, a PE ratio of 16.11, a PEG ratio of 3.36 and a beta of 1.16.
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Thursday, March 15th will be given a $0.075 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.30 dividend on an annualized basis and a yield of 1.92%. Graphic Packaging’s dividend payout ratio (DPR) is presently 30.93%.
Several analysts have recently weighed in on the stock. BMO Capital Markets decreased their target price on shares of Graphic Packaging from $18.00 to $17.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 7th. Zacks Investment Research upgraded shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research report on Monday, December 4th. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $19.00 target price on shares of Graphic Packaging in a research report on Thursday, February 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $17.21.
In other Graphic Packaging news, SVP Joseph P. Yost sold 50,000 shares of the business’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $15.00, for a total value of $750,000.00. Following the transaction, the senior vice president now directly owns 306,926 shares in the company, valued at $4,603,890. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Joseph P. Yost sold 15,137 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $15.60, for a total transaction of $236,137.20. Following the completion of the transaction, the senior vice president now owns 343,472 shares in the company, valued at $5,358,163.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 215,137 shares of company stock worth $3,311,137. Company insiders own 1.02% of the company’s stock.
About Graphic Packaging
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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