KapStone Paper and Packaging Corp. (NYSE:KS) shares rose 5.1% during trading on Wednesday . The company traded as high as $14.76 and last traded at $14.75, with a volume of 335,112 shares. The stock had previously closed at $14.04.

A number of research firms recently weighed in on KS. Vetr lowered shares of KapStone Paper and Packaging Corp. from a “strong-buy” rating to a “buy” rating and set a $15.18 price objective for the company. in a research note on Monday, April 18th. Dundee Securities raised shares of KapStone Paper and Packaging Corp. from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 19th. Zacks Investment Research raised shares of KapStone Paper and Packaging Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank AG reaffirmed a “hold” rating on shares of KapStone Paper and Packaging Corp. in a research note on Wednesday, May 18th. Finally, Barclays PLC upped their price objective on shares of KapStone Paper and Packaging Corp. from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, May 2nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.91.

The firm has a market cap of $1.49 billion and a P/E ratio of 18.20. The firm has a 50-day moving average of $14.15 and a 200 day moving average of $13.75.

KapStone Paper and Packaging Corp. (NYSE:KS) last released its earnings results on Wednesday, July 27th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.02. During the same period in the prior year, the company posted $0.44 earnings per share. The business earned $784.91 million during the quarter, compared to the consensus estimate of $820.11 million. KapStone Paper and Packaging Corp.’s quarterly revenue was up 16.9% compared to the same quarter last year. Analysts expect that KapStone Paper and Packaging Corp. will post $1.18 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 13th. Shareholders of record on Thursday, June 30th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.66%. The ex-dividend date was Tuesday, June 28th.

In other news, Director Maurice S. Reznik bought 10,000 shares of the company’s stock in a transaction on Monday, May 16th. The stock was bought at an average cost of $14.68 per share, with a total value of $146,800.00. Following the transaction, the director now directly owns 18,338 shares in the company, valued at approximately $269,201.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

A number of large investors have bought and sold shares of the company. State of Tennessee Treasury Department boosted its stake in KapStone Paper and Packaging Corp. by 119.2% in the fourth quarter. State of Tennessee Treasury Department now owns 121,200 shares of the company’s stock valued at $2,738,000 after buying an additional 65,900 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in KapStone Paper and Packaging Corp. by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,426,285 shares of the company’s stock valued at $77,404,000 after buying an additional 23,768 shares during the last quarter. Principal Financial Group Inc. boosted its stake in KapStone Paper and Packaging Corp. by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 575,376 shares of the company’s stock valued at $12,998,000 after buying an additional 25,050 shares during the last quarter. Bank of Montreal Can boosted its stake in KapStone Paper and Packaging Corp. by 1.1% in the fourth quarter. Bank of Montreal Can now owns 86,467 shares of the company’s stock valued at $1,953,000 after buying an additional 902 shares during the last quarter. Finally, Comerica Bank boosted its stake in KapStone Paper and Packaging Corp. by 4.6% in the fourth quarter. Comerica Bank now owns 95,539 shares of the company’s stock valued at $1,750,000 after buying an additional 4,204 shares during the last quarter.

KapStone Paper and Packaging Corporation is engaged in the production of containerboard, corrugated products and specialty paper. The Company operates through two segments: Paper and Packaging, and Distribution. The Company operates approximately four paper mills. It produces approximately 2.7 million tons of containerboard and specialty paper at its mills in North Charleston, South Carolina; Roanoke Rapids, North Carolina; Cowpens, South Carolina, and Longview, Washington.

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