Koppers Holdings Inc. (NYSE:KOP) VP Steven R. Lacy sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $38.91, for a total transaction of $155,640.00. Following the transaction, the vice president now owns 47,118 shares of the company’s stock, valued at $1,833,361.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Koppers Holdings Inc. (NYSE:KOP) traded up 3.43% during mid-day trading on Wednesday, hitting $40.70. 87,335 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $33.90 and its 200-day moving average price is $30.98. Koppers Holdings Inc. has a 12 month low of $13.58 and a 12 month high of $40.75. The stock’s market cap is $840.94 million.

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

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

Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Koppers Holdings from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a research report on Thursday, October 20th. Jefferies Group restated a “buy” rating and set a $40.00 price objective on shares of Koppers Holdings in a research report on Monday, November 7th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $37.80.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Societe Generale acquired a new position in Koppers Holdings during the second quarter valued at approximately $109,000. SG Americas Securities LLC acquired a new position in Koppers Holdings during the second quarter valued at approximately $109,000. Public Employees Retirement System of Ohio increased its position in 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 valued at $117,000 after buying an additional 38 shares during the period. Mason Street Advisors LLC acquired a new position in Koppers Holdings during the second quarter valued at approximately $124,000. Finally, BlackRock Inc. increased its position in Koppers Holdings by 68.9% in the second quarter. BlackRock Inc. now owns 4,147 shares of the company’s stock valued at $128,000 after buying an additional 1,692 shares during the period. 87.53% of the stock is owned by institutional investors.

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About Koppers Holdings

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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