Shares of KapStone Paper and Packaging Corp. (NYSE:KS) were up 1.9% on Thursday . The stock traded as high as $17.90 and last traded at $17.85, with a volume of 583,534 shares. The stock had previously closed at $17.51.

Several analysts recently weighed in on KS shares. Zacks Investment Research cut shares of KapStone Paper and Packaging Corp. from a “hold” rating to a “sell” rating in a research note on Friday, July 22nd. Dundee Securities raised shares of KapStone Paper and Packaging Corp. from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 19th. Bank of America Corp. raised shares of KapStone Paper and Packaging Corp. from an “underperform” rating to a “neutral” rating and set a $18.00 price target on the stock in a research report on Monday. Finally, Deutsche Bank AG upped their price target on shares of KapStone Paper and Packaging Corp. from $14.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. KapStone Paper and Packaging Corp. has a consensus rating of “Hold” and an average price target of $17.69.

The company has a market cap of $1.74 billion and a PE ratio of 21.16. The firm’s 50-day moving average is $15.20 and its 200 day moving average is $13.99.

KapStone Paper and Packaging Corp. (NYSE:KS) last issued its earnings results on Wednesday, July 27th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by $0.02. During the same quarter in the previous year, the firm posted $0.44 EPS. The company had revenue of $784.91 million for the quarter, compared to the consensus estimate of $820.11 million. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year. Equities research analysts forecast that KapStone Paper and Packaging Corp. will post $1.18 EPS for the current fiscal year.

In related news, Director Jonathan R. Furer sold 25,000 shares of KapStone Paper and Packaging Corp. stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $15.09, for a total value of $377,250.00. Following the transaction, the director now owns 1,189,400 shares in the company, valued at approximately $17,948,046. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

A hedge fund recently raised its stake in KapStone Paper and Packaging Corp. stock. Principal Financial Group Inc. raised its position in KapStone Paper and Packaging Corp. (NYSE:KS) by 4.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 575,376 shares of the company’s stock after buying an additional 25,050 shares during the period. Principal Financial Group Inc. owned 0.60% of KapStone Paper and Packaging Corp. worth $12,998,000 as of its most recent filing with the SEC.

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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