Ksa Capital Management Lowers stake in Graphic Packaging Holding Company (GPK)

Graphic Packaging Holding Company (GPK) : Ksa Capital Management reduced its stake in Graphic Packaging Holding Company by 23.25% during the most recent quarter end. The investment management company now holds a total of 150,000 shares of Graphic Packaging Holding Company which is valued at $2,070,000 after selling 45,444 shares in Graphic Packaging Holding Company , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Graphic Packaging Holding Company makes up approximately 2.40% of Ksa Capital Management’s portfolio.

Other Hedge Funds, Including , Williams Jones Associates reduced its stake in GPK by selling 27,060 shares or 53.36% in the most recent quarter. The Hedge Fund company now holds 23,650 shares of GPK which is valued at $326,370. Graphic Packaging Holding Company makes up approx 0.01% of Williams Jones Associates’s portfolio.Seven Locks Capital Management Lp reduced its stake in GPK by selling 622,713 shares or 61.81% in the most recent quarter. The Hedge Fund company now holds 384,827 shares of GPK which is valued at $5,310,613. Graphic Packaging Holding Company makes up approx 3.48% of Seven Locks Capital Management Lp’s portfolio.Manning Napier Advisors reduced its stake in GPK by selling 32,715 shares or 12.95% in the most recent quarter. The Hedge Fund company now holds 219,875 shares of GPK which is valued at $3,027,679. Graphic Packaging Holding Company makes up approx 0.02% of Manning Napier Advisors’s portfolio. Neuberger Berman Group added GPK to its portfolio by purchasing 16,887 company shares during the most recent quarter which is valued at $232,534.Calvert Investment Management boosted its stake in GPK in the latest quarter, The investment management firm added 11,634 additional shares and now holds a total of 43,344 shares of Graphic Packaging Holding Company which is valued at $596,847. Graphic Packaging Holding Company makes up approx 0.03% of Calvert Investment Management’s portfolio.

Graphic Packaging Holding Company opened for trading at $14.38 and hit $14.585 on the upside on Thursday, eventually ending the session at $14.56, with a gain of 1.53% or 0.22 points. The heightened volatility saw the trading volume jump to 26,29,549 shares. Company has a market cap of $4,646 M.

On the company’s financial health, Graphic Packaging Holding Company reported $0.19 EPS for the quarter, based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus estimate of $0.19. The company had revenue of $1103.20 million for the quarter, compared to analysts expectations of $1099.21 million. The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

Investors should note that on Jul 29, 2016, Graphic Packaging Holding Company announced a cash dividend of $0.0500. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Oct 5, 2016.

Graphic Packaging Holding Company is a provider of paper-based packaging solutions to food beverage and other consumer products companies. The Company operates in four geographic areas which includes the United States/Canada Central/South America Europe and Asia Pacific. The Company’s paperboard packaging includes the design manufacture and installation of packaging machinery related to the assembly of cartons as well as the production and sale of corrugated medium and kraft paper from paperboard mills in the United States. It includes a system of mills and plants that produce a range of paperboard grades convertible into folding cartons. The Company offers various laminated coated and printed packaging structures that are produced from its coated unbleached kraft (CUK) coated-recycled board (CRB) as well as other grades of paperboard that are purchased from third-party suppliers.

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