Rockshelter Capital Management Has Cut Packaging Of America (PKG) Holding by $1.42 Million; Silgan Holdings (SLGN) Shareholder Shoker Investment Counsel Has Raised Holding by $389,354 as Share Value Rose

January 15, 2018 - By Vivian Currie

Shoker Investment Counsel Inc increased its stake in Silgan Holdings Inc (SLGN) by 68.29% based on its latest 2017Q3 regulatory filing with the SEC. Shoker Investment Counsel Inc bought 13,426 shares as the company’s stock rose 2.46% with the market. The institutional investor held 33,086 shares of the containers and packaging company at the end of 2017Q3, valued at $973,000, up from 19,660 at the end of the previous reported quarter. Shoker Investment Counsel Inc who had been investing in Silgan Holdings Inc for a number of months, seems to be bullish on the $3.26B market cap company. The stock decreased 0.57% or $0.17 during the last trading session, reaching $29.52. About 459,270 shares traded or 4.93% up from the average. Silgan Holdings Inc. (NASDAQ:SLGN) has risen 26.81% since January 15, 2017 and is uptrending. It has outperformed by 10.11% the S&P500.

Rockshelter Capital Management Llc decreased its stake in Packaging Corp Of America (PKG) by 16.15% based on its latest 2017Q3 regulatory filing with the SEC. Rockshelter Capital Management Llc sold 12,479 shares as the company’s stock rose 4.29% with the market. The institutional investor held 64,802 shares of the containers and packaging company at the end of 2017Q3, valued at $7.43 million, down from 77,281 at the end of the previous reported quarter. Rockshelter Capital Management Llc who had been investing in Packaging Corp Of America for a number of months, seems to be less bullish one the $12.02B market cap company. The stock decreased 0.71% or $0.92 during the last trading session, reaching $128.32. About 535,861 shares traded. Packaging Corporation of America (NYSE:PKG) has risen 54.92% since January 15, 2017 and is uptrending. It has outperformed by 38.22% the S&P500.

Investors sentiment increased to 1.31 in Q3 2017. Its up 0.51, from 0.8 in 2017Q2. It is positive, as 29 investors sold PKG shares while 146 reduced holdings. 92 funds opened positions while 138 raised stakes. 82.08 million shares or 1.51% more from 80.86 million shares in 2017Q2 were reported. Grantham Mayo Van Otterloo Lc owns 0.04% invested in Packaging Corporation of America (NYSE:PKG) for 57,900 shares. Wells Fargo Co Mn owns 2.32M shares. Vaughan Nelson Investment Ltd Partnership holds 0.25% or 182,790 shares in its portfolio. Cornerstone Advsrs has 0.03% invested in Packaging Corporation of America (NYSE:PKG) for 423 shares. Aviance Capital Mgmt Lc invested in 0.01% or 1,139 shares. Meiji Yasuda Life holds 0.07% of its portfolio in Packaging Corporation of America (NYSE:PKG) for 4,090 shares. Ameriprise Financial invested in 0.04% or 697,710 shares. Texas Permanent School Fund invested in 0.04% or 26,147 shares. National Bank & Trust Of Nova Scotia has 16,538 shares for 0.01% of their portfolio. Palisade Cap Mgmt Ltd Liability Nj holds 0.64% or 157,199 shares. Kentucky Retirement System has 5,784 shares. Voya Mgmt Limited holds 0.24% or 982,166 shares in its portfolio. Parkwood Limited Liability Corporation holds 11,826 shares. Churchill Management Corp stated it has 16,754 shares or 0.05% of all its holdings. Grisanti Capital Management Limited invested in 375 shares.

Since September 12, 2017, it had 0 insider purchases, and 2 insider sales for $1.43 million activity. On Tuesday, September 12 Hassfurther Thomas A sold $707,640 worth of Packaging Corporation of America (NYSE:PKG) or 6,000 shares.

Analysts await Packaging Corporation of America (NYSE:PKG) to report earnings on January, 29. They expect $1.51 earnings per share, up 22.76% or $0.28 from last year’s $1.23 per share. PKG’s profit will be $141.42 million for 21.25 P/E if the $1.51 EPS becomes a reality. After $1.68 actual earnings per share reported by Packaging Corporation of America for the previous quarter, Wall Street now forecasts -10.12% negative EPS growth.

Among 15 analysts covering Packaging Corporation of America (NYSE:PKG), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Packaging Corporation of America had 51 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Goldman Sachs given on Thursday, July 13. Citigroup maintained the shares of PKG in report on Wednesday, August 31 with “Neutral” rating. The firm has “Equal-Weight” rating given on Monday, October 30 by Barclays Capital. The company was initiated on Tuesday, November 10 by Macquarie Research. Citigroup maintained the stock with “Neutral” rating in Tuesday, July 19 report. The stock of Packaging Corporation of America (NYSE:PKG) earned “Hold” rating by KeyBanc Capital Markets on Sunday, October 29. The stock of Packaging Corporation of America (NYSE:PKG) earned “Neutral” rating by Buckingham Research on Monday, July 18. The stock of Packaging Corporation of America (NYSE:PKG) has “Neutral” rating given on Monday, April 11 by Dundee Securities. Jefferies maintained Packaging Corporation of America (NYSE:PKG) rating on Thursday, June 1. Jefferies has “Buy” rating and $11400 target. The stock of Packaging Corporation of America (NYSE:PKG) earned “Hold” rating by Deutsche Bank on Wednesday, August 10.

Since August 14, 2017, it had 0 insider purchases, and 3 insider sales for $597,356 activity. Another trade for 7,000 shares valued at $207,866 was sold by LEWIS ROBERT B. $323,335 worth of Silgan Holdings Inc. (NASDAQ:SLGN) was sold by Snyder Thomas James on Monday, August 14.

Investors sentiment decreased to 1.32 in Q3 2017. Its down 3.80, from 5.12 in 2017Q2. It fall, as 18 investors sold SLGN shares while 61 reduced holdings. 42 funds opened positions while 62 raised stakes. 70.73 million shares or 50.73% less from 143.55 million shares in 2017Q2 were reported. Kennedy Capital owns 213,483 shares or 0.11% of their US portfolio. Matarin Capital Lc holds 0.43% or 172,598 shares in its portfolio. 12,658 were accumulated by Public Employees Retirement Association Of Colorado. Guggenheim Capital Ltd Liability invested 0% in Silgan Holdings Inc. (NASDAQ:SLGN). Parametrica Mngmt Limited reported 11,100 shares. Louisiana State Employees Retirement Systems reported 19,700 shares. Nationwide Fund accumulated 124,643 shares. Brown Advisory reported 0% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN). Ing Groep Nv accumulated 9,052 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in Silgan Holdings Inc. (NASDAQ:SLGN) for 2,762 shares. Hutchin Hill Cap Limited Partnership reported 104,000 shares. Victory Cap Mngmt, Ohio-based fund reported 7,638 shares. Bank & Trust Of Montreal Can accumulated 4,670 shares. Moreover, Pacad Investment Limited has 0.04% invested in Silgan Holdings Inc. (NASDAQ:SLGN). 22,976 were reported by Shell Asset.

Among 12 analysts covering Silgan Holdings Inc. (NASDAQ:SLGN), 2 have Buy rating, 4 Sell and 6 Hold. Therefore 17% are positive. Silgan Holdings Inc. had 33 analyst reports since September 15, 2015 according to SRatingsIntel. BMO Capital Markets maintained Silgan Holdings Inc. (NASDAQ:SLGN) on Friday, June 2 with “Buy” rating. Bank of America downgraded Silgan Holdings Inc. (NASDAQ:SLGN) on Tuesday, September 15 to “Neutral” rating. The firm has “Market Perform” rating given on Wednesday, June 8 by BMO Capital Markets. The stock of Silgan Holdings Inc. (NASDAQ:SLGN) earned “Neutral” rating by Citigroup on Tuesday, July 19. The stock of Silgan Holdings Inc. (NASDAQ:SLGN) earned “Buy” rating by BMO Capital Markets on Friday, September 15. As per Thursday, January 21, the company rating was upgraded by BMO Capital Markets. On Wednesday, July 26 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, October 26 report. The firm has “Underperform” rating by Bank of America given on Friday, March 18. The firm has “Hold” rating given on Thursday, September 28 by KeyBanc Capital Markets.

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