Koppers Holdings Inc. (NYSE:KOP) VP Christian A. Nielsen sold 3,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $41.17, for a total value of $123,510.00. Following the completion of the sale, the vice president now directly owns 24,741 shares of the company’s stock, valued at $1,018,586.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Koppers stock opened at $21.29 on Wednesday. The company has a debt-to-equity ratio of 12.97, a current ratio of 2.14 and a quick ratio of 1.12. The stock has a market capitalization of $441.95 million, a P/E ratio of 5.79, a PEG ratio of 0.31 and a beta of 0.85. Koppers Holdings Inc. has a fifty-two week low of $15.00 and a fifty-two week high of $47.90.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Thursday, November 8th. The specialty chemicals company reported $0.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.38). The firm had revenue of $442.70 million during the quarter, compared to the consensus estimate of $502.63 million. Koppers had a net margin of 0.68% and a return on equity of 70.26%. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 earnings per share. Equities research analysts anticipate that Koppers Holdings Inc. will post 3.33 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in Koppers in the second quarter valued at approximately $215,000. Jefferies Group LLC acquired a new position in Koppers in the third quarter valued at approximately $233,000. Dynamic Technology Lab Private Ltd acquired a new position in Koppers in the third quarter valued at approximately $237,000. Zeke Capital Advisors LLC acquired a new position in Koppers in the third quarter valued at approximately $239,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new position in Koppers in the third quarter valued at approximately $251,000. 87.66% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on the company. Zacks Investment Research lowered Koppers from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 13th. B. Riley reissued a “buy” rating and issued a $40.00 price objective on shares of Koppers in a report on Friday, November 9th. Monness Crespi & Hardt raised Koppers from a “neutral” rating to a “buy” rating and set a $28.00 price objective for the company in a report on Tuesday, November 13th. Barrington Research reissued a “buy” rating on shares of Koppers in a report on Monday, December 3rd. Finally, TheStreet lowered Koppers from a “c-” rating to a “d+” rating in a report on Friday, December 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $37.40.

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Koppers Company Profile

Koppers Holdings Inc, through its subsidiaries, provides treated wood products, wood treatment chemicals, and carbon compounds in the United States and internationally. The company operates through three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC).

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

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