Graphic Packaging Holding Co. sees multiple hedge funds boost stakes

Institutional investors increased their holdings in Graphic Packaging Holding Company (NYSE:GPK) during recent quarters. Sanctuary Advisors LLC raised its stake by 667.5% in the first quarter, acquiring an additional 105,351 shares for a total of 121,133 shares worth about $1.2 million. Caxton Associates LLP bought a new position of 547,011 shares in the same period, valued at roughly $5.44 million and representing about 0.18% of the company. Other funds that expanded positions include Skylands Capital, Eminence Capital, Dimensional Fund Advisors, State Street Corp, and UBS Group, collectively bringing institutional ownership to 99.67% of the stock.

The company's market capitalisation stands at approximately $3.26 billion, with shares trading around $11.02. Analysts have set price targets ranging from $10 to $13 and maintain neutral ratings. These filings were disclosed in recent Form 13F reports to the U.S. Securities and Exchange Commission.