Analyst Activity – BMO Capital Markets Reiterates Buy on Packaging Corporation of America (NYSE:PKG)

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Analyst Ratings For Packaging Corporation of America (NYSE:PKG)

Today, BMO Capital Markets reiterated its Buy rating on Packaging Corporation of America (NYSE:PKG) with a price target of $118.00.

There are 6 hold ratings, 4 buy ratings on the stock.

The current consensus rating on Packaging Corporation of America (NYSE:PKG) is Hold (Score: 2.40) with a consensus target price of $104.33 per share, a potential 5.22% downside.

Some recent analyst ratings include

  • 8/4/2017-BMO Capital Markets Reiterated Rating of Buy.
  • 7/14/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 7/13/2017-Goldman Sachs Group, Inc. (The) Upgrade from a “Sell ” rating to a ” Neutral” rating.
  • 7/10/2017-Wells Fargo & Company was Downgraded by analysts at Wells Fargo & Company from a “Outperform ” rating to a ” Market Perform” rating.
  • 7/6/2017-KeyCorp initiated coverage with a Sector Weight rating.

Dividend information for Packaging Corporation of America (NYSE:PKG)

Packaging Corporation of America (NYSE:PKG) pays an annual dividend of Community Ranking: with a yield of 2.29% and an average dividend growth of 27.00% based on a 3 Year Average.

Dividend History for Packaging Corporation of America (NYSE:PKG)

  • On 5/17/2017 Packaging Corporation of America announced a quarterly dividend of $0.63 2.54% with an ex dividend date of 6/13/2017 which will be payable on 7/14/2017.
  • On 3/1/2017 Packaging Corporation of America announced a quarterly dividend of $0.63 2.7% with an ex dividend date of 3/13/2017 which will be payable on 4/14/2017.
  • On 12/14/2016 Packaging Corporation of America announced a quarterly dividend of $0.63 2.92% with an ex dividend date of 12/21/2016 which will be payable on 1/13/2017.
  • On 8/31/2016 Packaging Corporation of America announced a quarterly dividend of $0.63 with an ex dividend date of 9/13/2016 which will be payable on 10/14/2016.
  • On 5/18/2016 Packaging Corporation of America announced a quarterly dividend of $0.55 with an ex dividend date of 6/13/2016 which will be payable on 7/15/2016.
  • On 2/25/2016 Packaging Corporation of America announced a quarterly dividend of $0.55 with an ex dividend date of 3/11/2016 which will be payable on 4/15/2016.
  • On 12/15/2015 Packaging Corporation of America announced a quarterly dividend of $0.55 with an ex dividend date of 12/23/2015 which will be payable on 1/15/2016.

Recent Insider Trading Activity For Packaging Corporation of America (NYSE:PKG)
Packaging Corporation of America (NYSE:PKG) has insider ownership of 1.20% and institutional ownership of 88.35%.

  • On 7/22/2016 Kent A Pflederer, SVP, sold 1,100 with an average share price of $74.30 per share and the total transaction amounting to $81,730.00. View SEC Filing
  • On 4/22/2016 Charles J Carter, SVP, sold 6,463 with an average share price of $65.63 per share and the total transaction amounting to $424,166.69. View SEC Filing
  • On 3/9/2016 Thomas P Maurer, Director, bought 2,000 with an average share price of $53.47 per share and the total transaction amounting to $106,940.00. View SEC Filing
  • On 11/19/2015 Mark W Kowlzan, CEO, sold 5,000 with an average share price of $66.00 per share and the total transaction amounting to $330,000.00. View SEC Filing
  • On 11/13/2015 Thomas A Hassfurther, VP, sold 4,668 with an average share price of $65.32 per share and the total transaction amounting to $304,913.76. View SEC Filing
  • On 8/26/2015 James D Woodrum, Director, bought 1,000 with an average share price of $62.60 per share and the total transaction amounting to $62,600.00. View SEC Filing
  • On 8/18/2015 Mark W Kowlzan, CEO, sold 20,000 with an average share price of $73.02 per share and the total transaction amounting to $1,460,400.00. View SEC Filing

Recent Trading Activity for Packaging Corporation of America (NYSE:PKG)
Shares of Packaging Corporation of America closed the previous trading session at 110.08 down -0.15 -0.14% with 702,899 shares trading hands.

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