Jefferies Group LLC Reaffirms "Buy" Rating for Packaging Corp Of America (PKG)

First Eagle Investment Management LLC now owns 1,439,260 shares of the industrial products company's stock valued at $116,954,000 after buying an additional 187,800 shares during the period. First National Trust Co.'s holdings in Packaging Corp Of America were worth $474,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its position in Packaging Corp Of America by 1.5% in the first quarter. Robecosam AG now owns 1,400 shares of the industrial products company's stock valued at $112,000 after buying an additional 600 shares during the period.

Shares of Packaging Corp Of America (NYSE:PKG) traded up 0.21% during trading on Friday, hitting $102.18. On average, equities analysts expect that Packaging Corp Of America will post $5.93 earnings per share for the current year. Finally, Scopus Asset Management L.P. acquired a new stake in shares of KapStone Paper and Packaging Corp. during the third quarter valued at $3,784,000. Corporate insiders own 2.20% of the company's stock. Packaging Corp Of America has a one year low of $62.41 and a one year high of $103.17. Additionally, Monsanto Company (MON) stock price has gone down by -0.09% over the last 20 trading days, and its price is -1.23% below the 52-week high.

KapStone Paper and Packaging Corporation (KS) now has P/E (Price to Earnings) ratio of 27.47 while the company's industry has 16.38 P/E and the sector P/E is 36.51. The stock's 50 day moving average price is $21.72 and its 200 day moving average price is $22.18. Seven analysts have made estimates for CDW Corp's earnings, with the highest sales estimate coming in at $3.89 billion and the lowest estimate coming in at $3.8 billion.

For a profitability analysis, there is the 27.80% gross margin and the 2.50% net margin to consider.

Packaging Corp Of America (NYSE:PKG) last posted its earnings results on Wednesday, April 26th.

KapStone Paper and Packaging Corporation (KS) reported earning per shares for the quarter ending April 26 AMC at 0.15, whereas, 7 number of analysts estimated the mean EPS at 0.29.

8 number of analysts have estimated the sales of the company for the quarter ending Jul 25, 2017- Jul 31, 2017, analysts estimated mean sale target of 838.57 million while high and low sale targets are estimated at 868.71 million and 792.6 million respectively. During the same quarter in the prior year, the business earned $0.23 earnings per share. The firm's revenue was up 3.8% compared to the same quarter a year ago.

ILLEGAL ACTIVITY WARNING: "Packaging Corp Of America (PKG) Shares Sold by First National Trust Co." was reported by Transcript Daily and is the property of of Transcript Daily.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Thursday, June 29th will be given a $0.10 dividend. This represents a $2.52 annualized dividend and a yield of 2.47%. The ex-dividend date is Tuesday, May 23rd. Packaging Corp Of America's dividend payout ratio (DPR) is now 53.05%.

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A number of equities research analysts have recently commented on the company. Robert W. Baird raised shares of CDW Corp from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $63.00 to $71.00 in a research report on Tuesday. DA Davidson downgraded shares of Packaging Corp Of America from a "buy" rating to a "neutral" rating and set a $96.00 target price for the company.in a research report on Tuesday, January 31st. Jefferies Group LLC reissued a "buy" rating and set a $114.00 target price (up previously from $107.00) on shares of Packaging Corp Of America in a research note on Saturday, April 29th. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Investors who are keeping close eye on the stock of JetBlue Airways Corporation (NASDAQ:JBLU) established that the company was able to keep return on investment at 9.44 in the trailing twelve month while Reuters data showed that industry's average stands at 1.41 and sector's optimum level is 5.88. The stock was sold at an average price of $59.44, for a total transaction of $316,399.12. APG Asset Management N.V. now owns 424,700 shares of the industrial products company's stock valued at $34,511,000 after buying an additional 73,900 shares during the period. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. The stock was purchased at an average price of $20.00 per share, for a total transaction of $100,000.00. The company's 5 year Earnings per share growth and Capital Spending growth remains at -7.54 and 24.92. The disclosure for this sale can be found here.

KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America.