Select Equity Group, L.P. Adds $123M in Packaging Corporation of America ($PKG)
Key Points
- Select Equity Group, L.P. changed its Packaging Corporation of America ($PKG) stake by 110.03% last quarter, boosting to 1,023,041 shares worth $233.85 million.
- $PKG last traded around $228.58.
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Select Equity Group, L.P. increased its position in Packaging Corporation of America ($PKG) by 110.03% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,023,041 shares of Packaging Corporation of America after buying 535,943 shares during the quarter. Select Equity Group, L.P.'s holdings in Packaging Corporation of America were worth $233.85 million as of its most recent filing.
Packaging Corporation of America Stock Down 4.9%
Shares of Packaging Corporation of America ($PKG) traded around $228.58 on Saturday, down 4.9% for the day.
Packaging Corporation of America Earnings
Packaging Corporation of America Dividend
Analysts Set New Price Targets
About Packaging Corporation of America
Packaging Corporation of America manufactures and sells containerboard and uncoated freesheet (UFS) paper products in North America. The company operates through Packaging and Paper segments. The Packaging segment offers various linerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers; and white papers. This segment sells papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
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