Manhattan Associates, Inc. (MANH) Forms $52.44 Double Bottom; Canyon Capital Advisors Decreased Graphic Packaging Hldg Co (GPK) Stake

Canyon Capital Advisors Llc decreased Graphic Packaging Hldg Co (GPK) stake by 0.85% reported in 2017Q3 SEC filing. Canyon Capital Advisors Llc sold 61,500 shares as Graphic Packaging Hldg Co (GPK)’s stock declined 1.77%. The Canyon Capital Advisors Llc holds 7.20 million shares with $100.42M value, down from 7.26M last quarter. Graphic Packaging Hldg Co now has $5.14B valuation. The stock decreased 0.48% or $0.08 during the last trading session, reaching $16.6. About 1.89 million shares traded. Graphic Packaging Holding Company (NYSE:GPK) has risen 2.85% since January 13, 2017 and is uptrending. It has underperformed by 13.85% the S&P500.

Manhattan Associates, Inc. (MANH) formed double bottom with $48.24 target or 8.00% below today’s $52.44 share price. Manhattan Associates, Inc. (MANH) has $3.62B valuation. The stock increased 0.88% or $0.46 during the last trading session, reaching $52.44. About 301,029 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since January 13, 2017 and is downtrending. It has underperformed by 39.09% the S&P500.

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 13 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Benchmark on Wednesday, October 21. The rating was initiated by William Blair on Tuesday, September 29 with “Outperform”. SunTrust maintained it with “Buy” rating and $55.0 target in Wednesday, November 15 report. The firm earned “Buy” rating on Wednesday, July 22 by Benchmark. The firm has “Buy” rating given on Tuesday, October 3 by SunTrust. Raymond James downgraded Manhattan Associates, Inc. (NASDAQ:MANH) on Monday, January 9 to “Mkt Perform” rating. The rating was maintained by KeyBanc Capital Markets on Wednesday, August 23 with “Hold”. The company was downgraded on Thursday, April 28 by William Blair. The rating was maintained by Benchmark with “Buy” on Wednesday, February 1. The rating was initiated by Brean Capital with “Buy” on Tuesday, January 12.

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on January, 30. They expect $0.42 earnings per share, 0.00% or $0.00 from last year’s $0.42 per share. MANH’s profit will be $28.95M for 31.21 P/E if the $0.42 EPS becomes a reality. After $0.48 actual earnings per share reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

Investors sentiment increased to 1.33 in 2017 Q3. Its up 0.26, from 1.07 in 2017Q2. It improved, as 35 investors sold Manhattan Associates, Inc. shares while 67 reduced holdings. 35 funds opened positions while 101 raised stakes. 72.05 million shares or 1.48% less from 73.13 million shares in 2017Q2 were reported. Pnc Financial Services Grp has 3,912 shares. Koch Industries Inc, Kansas-based fund reported 15,791 shares. 1.06M are owned by Ny State Common Retirement Fund. 225,441 are held by Clearbridge Limited Company. M&T National Bank has invested 0% in Manhattan Associates, Inc. (NASDAQ:MANH). The Massachusetts-based Congress Asset Mgmt Ma has invested 0.08% in Manhattan Associates, Inc. (NASDAQ:MANH). 10,900 are owned by Turtle Creek Asset Management. Boston Advsr Limited Co reported 32,573 shares stake. Brown Limited Com holds 3.6% or 7.11 million shares. Moreover, Oregon Public Employees Retirement Fund has 0.02% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 25,601 shares. Acadian Asset Mngmt Ltd Limited Liability Company has invested 0.01% in Manhattan Associates, Inc. (NASDAQ:MANH). Blair William Il accumulated 0% or 6,559 shares. 348,089 were accumulated by Pub Employees Retirement Systems Of Ohio. First Personal Financial has 627 shares for 0.01% of their portfolio. Eagle Asset Mgmt accumulated 653,987 shares or 0.16% of the stock.

Investors sentiment increased to 0.95 in Q3 2017. Its up 0.12, from 0.83 in 2017Q2. It increased, as 28 investors sold GPK shares while 79 reduced holdings. 21 funds opened positions while 81 raised stakes. 294.74 million shares or 2.31% more from 288.07 million shares in 2017Q2 were reported. Thrivent For Lutherans owns 338,178 shares. Pub Employees Retirement Sys Of Ohio holds 0.01% or 104,370 shares. Goldman Sachs Inc reported 1.71 million shares. Moreover, Trexquant Investment LP has 0.1% invested in Graphic Packaging Holding Company (NYSE:GPK). State Of Tennessee Treasury Department reported 235,400 shares. Morgan Stanley reported 56,871 shares. Mrj Cap Inc owns 259,800 shares. Carlson Cap LP has 3.01 million shares for 0.72% of their portfolio. First Mercantile owns 37,598 shares for 0.09% of their portfolio. Parallax Volatility Advisers Lp holds 0% or 33,486 shares. Wright Serv has 0.46% invested in Graphic Packaging Holding Company (NYSE:GPK). Paloma Partners Mngmt Com owns 37,833 shares. Daiwa Secs Group Incorporated has invested 0.04% of its portfolio in Graphic Packaging Holding Company (NYSE:GPK). Dimensional Fund Advsrs Lp holds 4.86M shares. Switzerland-based Credit Suisse Ag has invested 0% in Graphic Packaging Holding Company (NYSE:GPK).

Analysts await Graphic Packaging Holding Company (NYSE:GPK) to report earnings on February, 6. They expect $0.19 EPS, up 35.71% or $0.05 from last year’s $0.14 per share. GPK’s profit will be $58.84M for 21.84 P/E if the $0.19 EPS becomes a reality. After $0.18 actual EPS reported by Graphic Packaging Holding Company for the previous quarter, Wall Street now forecasts 5.56% EPS growth.

Among 13 analysts covering Graphic Packaging Holding Company (NYSE:GPK), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Graphic Packaging Holding Company had 36 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, August 30. Robert W. Baird maintained Graphic Packaging Holding Company (NYSE:GPK) on Wednesday, October 25 with “Outperform” rating. As per Friday, June 23, the company rating was maintained by BMO Capital Markets. On Tuesday, July 25 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of Graphic Packaging Holding Company (NYSE:GPK) has “Outperform” rating given on Tuesday, November 22 by CLSA. As per Friday, September 30, the company rating was initiated by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Friday, September 8. The firm earned “Outperform” rating on Wednesday, October 25 by BMO Capital Markets. On Monday, August 7 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Monday, November 13, the company rating was maintained by Citigroup.

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