Koppers Holdings Inc. (NYSE:KOP) SVP Stephen C. Reeder bought 1,330 shares of Koppers Holdings stock in a transaction that occurred on Friday, November 18th. The shares were acquired at an average price of $37.72 per share, with a total value of $50,167.60. Following the completion of the acquisition, the senior vice president now directly owns 17,931 shares of the company’s stock, valued at approximately $676,357.32. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Koppers Holdings Inc. (NYSE:KOP) traded up 3.44% during midday trading on Monday, hitting $39.05. 147,308 shares of the company traded hands. The stock’s market capitalization is $806.85 million. Koppers Holdings Inc. has a 12-month low of $13.58 and a 12-month high of $39.35. The stock’s 50-day moving average is $33.52 and its 200 day moving average is $30.69.

Koppers Holdings (NYSE:KOP) last announced its quarterly earnings results on Thursday, November 3rd. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.34. Koppers Holdings had a negative net margin of 4.42% and a positive return on equity of 1,225.00%. The firm earned $371.10 million during the quarter, compared to the consensus estimate of $373.40 million. During the same period last year, the firm posted $0.66 EPS. The firm’s quarterly revenue was down 14.5% on a year-over-year basis. On average, analysts expect that Koppers Holdings Inc. will post $2.45 earnings per share for the current year.

Insider Buying and Selling by Quarter for Koppers Holdings (NYSE:KOP)

Several institutional investors have recently made changes to their positions in KOP. Public Employees Retirement System of Ohio increased its position in shares of Koppers Holdings by 1.0% in the second quarter. Public Employees Retirement System of Ohio now owns 3,795 shares of the company’s stock worth $117,000 after buying an additional 38 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its position in shares of Koppers Holdings by 1.6% in the third quarter. Municipal Employees Retirement System of Michigan now owns 4,570 shares of the company’s stock worth $147,000 after buying an additional 70 shares in the last quarter. Springbok Capital Management LLC increased its position in shares of Koppers Holdings by 1.9% in the first quarter. Springbok Capital Management LLC now owns 10,700 shares of the company’s stock worth $240,000 after buying an additional 200 shares in the last quarter. Arizona State Retirement System increased its position in shares of Koppers Holdings by 1.9% in the second quarter. Arizona State Retirement System now owns 10,686 shares of the company’s stock worth $328,000 after buying an additional 200 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its position in shares of Koppers Holdings by 2.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 11,506 shares of the company’s stock worth $370,000 after buying an additional 225 shares in the last quarter. 87.53% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on KOP. Zacks Investment Research cut shares of Koppers Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, October 12th. Jefferies Group restated a “buy” rating and set a $40.00 target price on shares of Koppers Holdings in a report on Monday, November 7th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Koppers Holdings currently has an average rating of “Buy” and an average price target of $37.80.

Koppers Holdings Company Profile

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.

5 Day Chart for NYSE:KOP

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