November 23, 2016 - By Hazel Jackson
The Sr. VP – Admin. – GC & Sec of Koppers Holdings Inc, Steven Lacy is in the stock market news today. It was shown in a report filled by Steven Lacy and submitted to the SEC on November 23, 2016, he unloaded 4,000 shares from the public firm valued at $155,640 USD. The shares average price was $38.9. The probability of this sell staying ignored is super low as it’s new, with Steven Lacy now owning 47,118 shares — that is 0.23% of the Company’s market cap.
Out of 5 analysts covering Koppers Holdings (NYSE:KOP), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $39 is the highest target while $39 is the lowest. The $39 average target is -1.89% below today’s ($39.75) stock price. Koppers Holdings has been the topic of 7 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, September 8 by Jefferies. The stock has “Neutral” rating given by Monness Crespi & Hardt on Monday, July 18. The stock of Koppers Holdings Inc. (NYSE:KOP) earned “Equal-Weight” rating by First Analysis on Thursday, October 15. As per Monday, March 14, the company rating was upgraded by Monness Crespi & Hardt. The stock of Koppers Holdings Inc. (NYSE:KOP) has “Outperform” rating given on Wednesday, June 8 by Barrington Research. As per Friday, August 7, the company rating was upgraded by Zacks. As per Thursday, June 30, the company rating was maintained by Wunderlich.
Insitutional Activity: The institutional sentiment increased to 1.39 in Q2 2016. Its up 0.22, from 1.17 in 2016Q1. The ratio is positive, as 17 funds sold all Koppers Holdings Inc. shares owned while 36 reduced positions. 19 funds bought stakes while 43 increased positions. They now own 17.31 million shares or 1.50% less from 17.57 million shares in 2016Q1.
Price T Rowe Associates Md reported 12,963 shares or 0% of all its holdings. The New York-based Sg Americas Ltd has invested 0% in Koppers Holdings Inc. (NYSE:KOP). Thrivent Fin For Lutherans reported 44,640 shares or 0.01% of all its holdings. Teachers Retirement Systems Of The State Of Kentucky reported 7,800 shares or 0% of all its holdings. Moreover, Blackrock Inv Ltd Liability Corp has 0% invested in Koppers Holdings Inc. (NYSE:KOP) for 89,854 shares. Moreover, Qs Investors Ltd Com has 0.02% invested in Koppers Holdings Inc. (NYSE:KOP) for 77,139 shares. Horrell Cap accumulated 0% or 94 shares. Los Angeles Cap Management Equity accumulated 32,885 shares or 0.01% of the stock. Carroll Fincl Associates holds 0% of its portfolio in Koppers Holdings Inc. (NYSE:KOP) for 301 shares. Comerica Savings Bank accumulated 0.02% or 57,280 shares. The Pennsylvania-based Irving Magee Investment Mngmt has invested 2.03% in Koppers Holdings Inc. (NYSE:KOP). Nj State Employees Deferred Compensation Plan holds 0.13% of its portfolio in Koppers Holdings Inc. (NYSE:KOP) for 20,000 shares. Nationwide Fund accumulated 33,173 shares or 0% of the stock. Barnett & Inc accumulated 0.18% or 10,300 shares. Gsa Cap Prtn Llp last reported 61,614 shares in the company.
Insider Transactions: Since May 24, 2016, the stock had 2 insider buys, and 4 insider sales for $294,554 net activity. Shares for $218,512 were sold by Lacy Steven R. 800 Koppers Holdings Inc. (NYSE:KOP) shares with value of $29,712 were sold by Loadman Thomas D. Reeder Stephen C also bought $11,965 worth of Koppers Holdings Inc. (NYSE:KOP) on Tuesday, May 31. Another trade for 2,850 shares valued at $92,568 was sold by Hyde Leslie S. Spiess Markus G sold $114,503 worth of Koppers Holdings Inc. (NYSE:KOP) on Tuesday, May 24. Feng Xudong also sold $15,895 worth of Koppers Holdings Inc. (NYSE:KOP) on Thursday, August 18.
About 7,336 shares traded hands. Koppers Holdings Inc. (NYSE:KOP) has risen 57.84% since April 21, 2016 and is uptrending. It has outperformed by 52.51% the S&P500.
Koppers Holdings Inc. is an integrated global well-known provider of treated wood products, wood treatment chemicals and carbon compounds. The company has a market cap of $827.66 million. The Firm operates through three business divisions: Railroad and Utility Products and Services , Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). It currently has negative earnings. 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.
According to Zacks Investment Research, “Koppers Holdings Inc. is a global integrated producer of carbon compounds and treated wood products. Including its joint ventures, Koppers operates facilities in the United States, United Kingdom, Denmark, Australia, China, the Pacific Rim and South Africa.”
Analysts await Koppers Holdings Inc. (NYSE:KOP) to report earnings on February, 23. They expect $0.26 EPS, up 100.00% or $0.13 from last year’s $0.13 per share. KOP’s profit will be $5.41M for 38.22 P/E if the $0.26 EPS becomes a reality. After $0.99 actual EPS reported by Koppers Holdings Inc. for the previous quarter, Wall Street now forecasts -73.74% negative EPS growth.
More recent Koppers Holdings Inc. (NYSE:KOP) news were published by: Prnewswire.com which released: “Koppers Holdings Inc. Reports Third Quarter 2016 Results” on November 03, 2016. Also Prnewswire.com published the news titled: “Koppers Holdings Inc. Announces Contract Extension to 2021 with Norfolk Southern” on October 25, 2016. Quotes.Wsj.com‘s news article titled: “News Koppers Holdings Inc.KOP” with publication date: February 11, 2011 was also an interesting one.
Koppers Holdings Inc., incorporated on November 12, 2004, is an integrated well-known provider of treated wood products, wood treatment chemicals and carbon compounds. The Firm operates through three business divisions: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The Company’s services and products are used in a range of range of markets, including the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber and construction industries. The Company’s manufacturing facilities located in North America, South America, Australasia, China and Europe. The Firm holds interest in Tangshan Koppers Kailuan Carbon Chemical Company, a coal tar distillation facility located in China in the Hebei Province near the Jingtang Port.
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