Koppers Holdings Inc. (NYSE:KOP) fell 5.2% during mid-day trading on Monday . The stock traded as low as $30.33 and last traded at $30.83, with a volume of 77,376 shares trading hands. The stock had previously closed at $32.53.

A number of research firms recently weighed in on KOP. Monness Crespi & Hardt downgraded Koppers Holdings from a “buy” rating to a “neutral” rating in a research report on Monday. Zacks Investment Research raised Koppers Holdings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. Wunderlich lifted their target price on Koppers Holdings from $32.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, June 30th. Jefferies Group reissued a “buy” rating on shares of Koppers Holdings in a research report on Wednesday, July 6th. Finally, Barrington Research began coverage on Koppers Holdings in a research report on Wednesday, June 8th. They set an “outperform” rating and a $39.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $34.60.

The firm’s market capitalization is $642.38 million. The company has a 50-day moving average price of $29.56 and a 200 day moving average price of $22.76.

Koppers Holdings (NYSE:KOP) last issued its quarterly earnings results on Friday, May 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.09 by $0.19. The business had revenue of $346.80 million for the quarter, compared to the consensus estimate of $364.50 million. The company’s quarterly revenue was down 12.8% compared to the same quarter last year. During the same period last year, the firm earned $0.03 earnings per share. On average, equities analysts expect that Koppers Holdings Inc. will post $1.96 EPS for the current year.

In other Koppers Holdings news, Director Louis L. Testoni purchased 4,100 shares of the business’s stock in a transaction on Monday, May 23rd. The shares were purchased at an average cost of $24.68 per share, with a total value of $101,188.00. Following the transaction, the director now directly owns 15,466 shares of the company’s stock, valued at approximately $381,700.88. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Albert J. Neupaver purchased 3,000 shares of the business’s stock in a transaction on Thursday, May 19th. The shares were acquired at an average cost of $23.80 per share, for a total transaction of $71,400.00. Following the completion of the transaction, the director now directly owns 35,444 shares in the company, valued at $843,567.20. The disclosure for this purchase can be found here.

Several large investors have recently modified their holdings of KOP. California Public Employees Retirement System boosted its stake in shares of Koppers Holdings by 3.1% in the fourth quarter. California Public Employees Retirement System now owns 114,000 shares of the company’s stock worth $2,081,000 after buying an additional 3,400 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Koppers Holdings by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 656,675 shares of the company’s stock worth $11,984,000 after buying an additional 3,668 shares during the last quarter. Comerica Bank boosted its stake in shares of Koppers Holdings by 60.3% in the fourth quarter. Comerica Bank now owns 60,678 shares of the company’s stock worth $1,001,000 after buying an additional 22,828 shares during the last quarter. Finally, Systematic Financial Management LP purchased a new stake in shares of Koppers Holdings during the fourth quarter worth about $1,628,000.

Koppers Holdings Inc is an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three business segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The Railroad and Utility Products and Services segment sells treated and untreated wood products, rail joint bars and services primarily to the railroad industry and treated wood products to the utility industry.

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