Capital Innovations Lowered Its Packaging Amer (PKG) Stake; TEN PEAKS COFFEE COMPANY ORDINARY S (SWSSF) SI Increased By 77.58%

May 22, 2018 - By Linda Melvin

Packaging Corporation of America (NYSE:PKG) Logo

TEN PEAKS COFFEE COMPANY INC ORDINARY S (OTCMKTS:SWSSF) had an increase of 77.58% in short interest. SWSSF’s SI was 87,900 shares in May as released by FINRA. Its up 77.58% from 49,500 shares previously. With 4,200 avg volume, 21 days are for TEN PEAKS COFFEE COMPANY INC ORDINARY S (OTCMKTS:SWSSF)’s short sellers to cover SWSSF’s short positions. The SI to TEN PEAKS COFFEE COMPANY INC ORDINARY S’s float is 1.08%. It closed at $4.8718 lastly. It is down 0.00% since May 22, 2017 and is . It has underperformed by 11.55% the S&P500.

Capital Innovations Llc decreased Packaging Corp Amer (PKG) stake by 14.78% reported in 2017Q4 SEC filing. Capital Innovations Llc sold 650 shares as Packaging Corp Amer (PKG)’s stock declined 6.47%. The Capital Innovations Llc holds 3,749 shares with $4.52 million value, down from 4,399 last quarter. Packaging Corp Amer now has $11.53B valuation. The stock increased 0.75% or $0.92 during the last trading session, reaching $123.22. About 408,474 shares traded. Packaging Corporation of America (NYSE:PKG) has risen 25.91% since May 22, 2017 and is uptrending. It has outperformed by 14.36% the S&P500.

Analysts await Packaging Corporation of America (NYSE:PKG) to report earnings on July, 25. They expect $1.97 EPS, up 29.61% or $0.45 from last year’s $1.52 per share. PKG’s profit will be $184.32M for 15.64 P/E if the $1.97 EPS becomes a reality. After $1.55 actual EPS reported by Packaging Corporation of America for the previous quarter, Wall Street now forecasts 27.10% EPS growth.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.29, from 1.31 in 2017Q3. It fall, as 42 investors sold PKG shares while 159 reduced holdings. 59 funds opened positions while 147 raised stakes. 80.05 million shares or 2.48% less from 82.08 million shares in 2017Q3 were reported. Credit Agricole S A reported 21,600 shares. Sg Americas Secs Ltd Limited Liability Company invested 0.05% of its portfolio in Packaging Corporation of America (NYSE:PKG). National Bank Of Hawaii accumulated 2,685 shares or 0.03% of the stock. State Common Retirement Fund holds 0.04% or 257,056 shares in its portfolio. Alps Advsrs holds 3,979 shares. California State Teachers Retirement holds 152,373 shares. 54,430 were accumulated by Riverhead Cap Management Ltd Liability Co. Pub Sector Pension Inv Board holds 5,152 shares. Select Equity Grp Lp reported 0.97% in Packaging Corporation of America (NYSE:PKG). Conning reported 0.01% in Packaging Corporation of America (NYSE:PKG). Farmers State Bank invested in 0.02% or 125 shares. Balyasny Asset Management Limited Liability accumulated 2,413 shares. First Republic Inc holds 0.04% or 49,369 shares. Asset Inc holds 8,628 shares or 0.03% of its portfolio. Hsbc Holdings Public Limited Liability Corporation stated it has 78,304 shares or 0.01% of all its holdings.

More important recent Packaging Corporation of America (NYSE:PKG) news were published by: Investorplace.com which released: “4 Notable Dividend Increases From the Past Week — Including Lam Research Corproation” on May 21, 2018, also Streetinsider.com published article titled: “Packaging Corp. (PKG) Raises Dividend 25.4% to $0.79; 0.7% Yield”, Seekingalpha.com published: “Packaging of America (PKG) Q1 2018 Results – Earnings Call Transcript” on April 25, 2018. More interesting news about Packaging Corporation of America (NYSE:PKG) was released by: Globenewswire.com and their article: “Consolidated Research: 2018 Summary Expectations for Packaging Corporation of America, M&T Bank, Pinnacle West …” with publication date: May 14, 2018.

Among 16 analysts covering Packaging Corporation of America (NYSE:PKG), 8 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. Packaging Corporation of America had 58 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, September 18 with “Buy”. The stock of Packaging Corporation of America (NYSE:PKG) has “Neutral” rating given on Tuesday, September 15 by Bank of America. The company was maintained on Thursday, July 27 by KeyBanc Capital Markets. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, February 6. The company was downgraded on Wednesday, February 1 by CLSA. The company was maintained on Wednesday, June 28 by BMO Capital Markets. Jefferies maintained the stock with “Buy” rating in Thursday, April 13 report. BMO Capital Markets downgraded the shares of PKG in report on Tuesday, November 15 to “Market Perform” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, October 30. The stock has “Buy” rating by Bank of America on Tuesday, October 18.

Packaging Corporation of America (NYSE:PKG) Institutional Positions Chart

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