Olstein Capital Management Boosted Its Position in Packaging Corp America by $3.32 Million

Investors sentiment increased to 1.08 in 2018 Q4. Its up 0.10, from 0.98 in 2018Q3. It is positive, as 45 investors sold PKG shares while 149 reduced holdings. 64 funds opened positions while 146 raised stakes. 78.84 million shares or 0.58% more from 78.38 million shares in 2018Q3 were reported. Assetmark holds 1,937 shares or 0% of its portfolio. Cape Cod Five Cents Retail Bank holds 0.17% or 12,252 shares. Sg Americas Secs Ltd Limited Liability Company stated it has 14,596 shares. United Cap Advisers Ltd Liability Company reported 0% of its portfolio in Packaging Corporation of America (NYSE:PKG). Guggenheim Capital Ltd Com accumulated 68,313 shares. Adams Natural Fund reported 11,700 shares. Apg Asset Mgmt Nv owns 657,028 shares. Bridgewater Assoc LP holds 0.02% or 28,538 shares. Oppenheimer Asset Mngmt Incorporated holds 567 shares. Johnson Investment Counsel Inc has 12,490 shares for 0.03% of their portfolio. Alps Advisors accumulated 430,490 shares. Hamlin Capital Mngmt Limited Liability Corp invested in 429,450 shares or 1.67% of the stock. Barclays Public Ltd Com, a United Kingdom-based fund reported 95,157 shares. Citigroup reported 0.01% of its portfolio in Packaging Corporation of America (NYSE:PKG). Gateway Inv Advisers Llc stated it has 26,860 shares or 0.02% of all its holdings.

Olstein Capital Management Lp increased its stake in Packaging Corp Amer (PKG) by 121.35% based on its latest 2018Q4 regulatory filing with the SEC. Olstein Capital Management Lp bought 40,046 shares as the company’s stock rose 1.79% with the market. The institutional investor held 73,046 shares of the containers and packaging company at the end of 2018Q4, valued at $6.10M, up from 33,000 at the end of the previous reported quarter. Olstein Capital Management Lp who had been investing in Packaging Corp Amer for a number of months, seems to be bullish on the $9.54B market cap company. The stock decreased 0.88% or $0.9 during the last trading session, reaching $101.79. About 138,672 shares traded. Packaging Corporation of America (NYSE:PKG) has declined 17.08% since April 2, 2018 and is downtrending. It has underperformed by 21.45% the S&P500.