Trading Report: Today, Koppers Holdings Inc. (KOP) VP Sold $29,712.00 in Stock

Today, Koppers Holdings Inc. (KOP) VP Sold $29,712.00 in Stock

Koppers Holdings Inc. (NYSE:KOP) VP Thomas D. Loadman sold 800 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $37.14, for a total transaction of $29,712.00. Following the completion of the sale, the vice president now directly owns 36,596 shares in the company, valued at $1,359,175.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Koppers Holdings Inc. (NYSE:KOP) opened at 40.50 on Friday. Koppers Holdings Inc. has a one year low of $13.58 and a one year high of $40.95. The firm’s market cap is $836.81 million. The company has a 50 day moving average of $34.13 and a 200-day moving average of $31.05.

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

Several large investors have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. boosted its stake in Koppers Holdings by 20.1% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 1,577,301 shares of the company’s stock valued at $48,470,000 after buying an additional 264,297 shares in the last quarter. BlackRock Fund Advisors boosted its stake in Koppers Holdings by 8.4% in the third quarter. BlackRock Fund Advisors now owns 1,496,457 shares of the company’s stock valued at $48,156,000 after buying an additional 116,408 shares in the last quarter. Royal Bank of Canada boosted its stake in Koppers Holdings by 2.8% in the second quarter. Royal Bank of Canada now owns 1,192,731 shares of the company’s stock valued at $36,653,000 after buying an additional 32,015 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Koppers Holdings by 2.0% in the second quarter. Dimensional Fund Advisors LP now owns 705,297 shares of the company’s stock valued at $21,674,000 after buying an additional 13,846 shares in the last quarter. Finally, Mountain Lake Investment Management LLC boosted its stake in Koppers Holdings by 1.4% in the first quarter. Mountain Lake Investment Management LLC now owns 555,500 shares of the company’s stock valued at $12,482,000 after buying an additional 7,530 shares in the last quarter. 87.53% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Koppers Holdings from a “hold” rating to a “strong-buy” rating and set a $39.00 price target on the stock in a research note on Thursday, October 20th. Jefferies Group reissued a “buy” rating and issued a $40.00 price target on shares of Koppers Holdings in a research note on Monday, November 7th. One equities research 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 stock. The company has an average rating of “Buy” and an average price target of $37.80.

About Koppers Holdings

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