Tudor Investment Corp ET AL Acquires New Position in Graphic Packaging Holding Company $GPK

Key Points

• Tudor Investment Corp opened a new position of 120,578 shares in Graphic Packaging (≈$2.36M) in Q3, and overall institutional/hedge fund ownership stands at about 99.67%.
• CEO Robbert Rietbroek bought 44,278 shares at $11.32 (≈$501K), bringing insider ownership to about 1.41%, signaling a notable insider purchase.
• Graphic Packaging pays a quarterly dividend of $0.11 (annualized yield ≈4.6%, DPR ~29.7%), but analysts are cautious with a consensus "Reduce" rating and an average target price of $14.51.

Tudor Investment Corp ET AL acquired a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 120,578 shares of the industrial products company's stock, valued at approximately $2,360,000.

Other large investors also recently modified their holdings of the company. Quarry LP raised its holdings in shares of Graphic Packaging by 282.0% during the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company's stock valued at $30,000 after buying an additional 1,142 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new position in Graphic Packaging during the 3rd quarter worth approximately $31,000. Global Retirement Partners LLC grew its position in Graphic Packaging by 65.2% during the 3rd quarter. Global Retirement Partners LLC now owns 2,291 shares of the industrial products company's stock worth $45,000 after acquiring an additional 904 shares during the last quarter. Danske Bank A S bought a new position in Graphic Packaging during the 3rd quarter worth approximately $45,000. Finally, Aster Capital Management DIFC Ltd bought a new position in Graphic Packaging during the 3rd quarter worth approximately $49,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Graphic Packaging

In related news, CEO Robbert Rietbroek acquired 44,278 shares of the stock in a transaction on Wednesday, March 4th. The stock was acquired at an average price of $11.32 per share, for a total transaction of $501,226.96. Following the completion of the purchase, the chief executive officer owned 44,278 shares of the company's stock, valued at $501,226.96. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.41% of the company's stock.

Graphic Packaging Price Performance

Shares of GPK stock opened at $9.66 on Friday. The firm has a market cap of $2.86 billion, a P/E ratio of 6.52 and a beta of 0.69. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $25.81. The business's 50 day moving average price is $11.05 and its 200-day moving average price is $14.46. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.52 and a current ratio of 1.30.

Graphic Packaging (NYSE:GPK - Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The industrial products company reported $0.24 earnings per share for the quarter. The firm had revenue of $2.10 billion for the quarter. Graphic Packaging had a return on equity of 16.58% and a net margin of 5.15%. On average, equities research analysts anticipate that Graphic Packaging Holding Company will post 2.47 earnings per share for the current year.

Graphic Packaging Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Sunday, March 15th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Friday, March 13th. Graphic Packaging's dividend payout ratio (DPR) is presently 29.73%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Graphic Packaging in a research report on Wednesday, April 1st. They set a "hold" rating and a $9.60 price target on the stock. Truist Financial set a $14.00 price target on Graphic Packaging in a research report on Wednesday, February 4th. Weiss Ratings restated a "sell (d+)" rating on shares of Graphic Packaging in a research report on Friday, March 27th. Zacks Research lowered Graphic Packaging from a "hold" rating to a "strong sell" rating in a research report on Wednesday, January 14th. Finally, Robert W. Baird set a $15.00 price target on Graphic Packaging in a research report on Wednesday, February 4th. Nine research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average target price of $14.51.

Graphic Packaging Company Profile

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.

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