Press coverage about KapStone Paper and Packaging Corporation (NYSE:KS) has been trending somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. KapStone Paper and Packaging Corporation earned a news sentiment score of -0.20 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 77 out of 100, indicating that recent news coverage is likely to have an effect on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

KapStone Paper and Packaging Corporation (NYSE KS) traded down 0.39% on Thursday, hitting $22.84. 808,348 shares of the company’s stock traded hands. The stock has a 50-day moving average of $21.77 and a 200-day moving average of $22.28. KapStone Paper and Packaging Corporation has a one year low of $13.99 and a one year high of $24.98. The stock has a market cap of $2.21 billion, a PE ratio of 30.05 and a beta of 2.83.

KapStone Paper and Packaging Corporation (NYSE:KS) last announced its quarterly earnings results on Wednesday, July 26th. The basic materials company reported $0.27 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.27. KapStone Paper and Packaging Corporation had a return on equity of 11.26% and a net margin of 2.39%. The firm had revenue of $822.70 million for the quarter, compared to analyst estimates of $831.52 million. During the same period last year, the firm posted $0.27 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, equities analysts forecast that KapStone Paper and Packaging Corporation will post $1.28 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Thursday, June 29th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Tuesday, June 27th. KapStone Paper and Packaging Corporation’s payout ratio is 51.95%.

Several research analysts have recently commented on the company. Deutsche Bank AG upped their target price on KapStone Paper and Packaging Corporation from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Tuesday, April 25th. Vertical Research downgraded KapStone Paper and Packaging Corporation from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. BMO Capital Markets reiterated a “buy” rating and set a $28.00 target price on shares of KapStone Paper and Packaging Corporation in a report on Friday, April 7th. Zacks Investment Research downgraded KapStone Paper and Packaging Corporation from a “strong-buy” rating to a “hold” rating in a report on Saturday, July 29th. Finally, ValuEngine cut KapStone Paper and Packaging Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. KapStone Paper and Packaging Corporation presently has an average rating of “Hold” and a consensus target price of $26.33.

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In other news, VP Randy J. Nebel sold 10,000 shares of the firm’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the transaction, the vice president now directly owns 47,404 shares in the company, valued at $1,137,696. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David P. Storch acquired 5,000 shares of the stock in a transaction dated Thursday, May 18th. The shares were bought at an average price of $20.00 per share, with a total value of $100,000.00. Following the completion of the transaction, the director now directly owns 45,127 shares of the company’s stock, valued at $902,540. The disclosure for this purchase can be found here. Company insiders own 13.30% of the company’s stock.

About KapStone Paper and Packaging Corporation

KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America. The Company operates through two segments: Paper and Packaging, and Distribution. The Paper and Packaging segment manufactures and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets.

Insider Buying and Selling by Quarter for KapStone Paper and Packaging Corporation (NYSE:KS)

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