Koppers Holdings Inc. (NYSE:KOP) Director Albert J. Neupaver purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 19th. The stock was bought at an average price of $20.75 per share, for a total transaction of $103,750.00. Following the transaction, the director now directly owns 50,316 shares in the company, valued at $1,044,057. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

KOP traded up $0.78 during trading on Monday, reaching $20.99. The company’s stock had a trading volume of 9,903 shares, compared to its average volume of 297,699. Koppers Holdings Inc. has a 52-week low of $19.17 and a 52-week high of $51.65. The firm has a market capitalization of $414.47 million, a PE ratio of 5.82, a P/E/G ratio of 0.34 and a beta of 0.93. The company has a current ratio of 2.14, a quick ratio of 1.12 and a debt-to-equity ratio of 12.97.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Thursday, November 8th. The specialty chemicals company reported $0.73 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.38). Koppers had a net margin of 0.68% and a return on equity of 70.26%. The business had revenue of $442.70 million during the quarter, compared to analysts’ expectations of $502.63 million. During the same period in the prior year, the firm posted $1.43 EPS. Koppers’s revenue for the quarter was up 15.0% compared to the same quarter last year. On average, sell-side analysts predict that Koppers Holdings Inc. will post 3.34 EPS for the current year.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut Koppers from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 13th. Monness Crespi & Hardt raised Koppers from a “neutral” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Tuesday, November 13th. Barrington Research set a $38.00 price objective on Koppers and gave the company a “buy” rating in a report on Monday, November 12th. B. Riley reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Koppers in a report on Friday, November 9th. Finally, Seaport Global Securities started coverage on Koppers in a report on Tuesday, October 16th. They issued a “buy” rating and a $42.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $37.40.

A number of institutional investors and hedge funds have recently made changes to their positions in KOP. Principal Financial Group Inc. boosted its holdings in Koppers by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 166,321 shares of the specialty chemicals company’s stock valued at $6,836,000 after purchasing an additional 5,120 shares in the last quarter. James Investment Research Inc. boosted its stake in shares of Koppers by 3.6% during the 2nd quarter. James Investment Research Inc. now owns 61,305 shares of the specialty chemicals company’s stock worth $2,351,000 after acquiring an additional 2,151 shares in the last quarter. Santori & Peters Inc. boosted its stake in shares of Koppers by 6.9% during the 2nd quarter. Santori & Peters Inc. now owns 37,886 shares of the specialty chemicals company’s stock worth $1,452,000 after acquiring an additional 2,442 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new stake in shares of Koppers during the 2nd quarter worth approximately $188,000. Finally, Howe & Rusling Inc. boosted its stake in shares of Koppers by 14.0% during the 2nd quarter. Howe & Rusling Inc. now owns 11,036 shares of the specialty chemicals company’s stock worth $423,000 after acquiring an additional 1,353 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

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About Koppers

Koppers Holdings Inc, through its subsidiaries, provides treated wood products, wood treatment chemicals, and carbon compounds in the United States and internationally. The company operates through three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC).

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