Flinton Capital Management LLC increased its holdings in KapStone Paper and Packaging Corp. (NYSE:KS) by 28.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,954 shares of the basic materials company’s stock after purchasing an additional 2,856 shares during the quarter. Flinton Capital Management LLC’s holdings in KapStone Paper and Packaging were worth $294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KS. Point72 Asset Management L.P. raised its holdings in shares of KapStone Paper and Packaging by 51.9% in the 3rd quarter. Point72 Asset Management L.P. now owns 3,360,888 shares of the basic materials company’s stock worth $72,225,000 after purchasing an additional 1,148,963 shares in the last quarter. Rovida Advisors Inc. bought a new stake in shares of KapStone Paper and Packaging in the 4th quarter worth approximately $8,509,000. Westfield Capital Management Co. LP raised its holdings in shares of KapStone Paper and Packaging by 25.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 903,475 shares of the basic materials company’s stock worth $19,416,000 after purchasing an additional 182,875 shares in the last quarter. WINTON GROUP Ltd raised its holdings in shares of KapStone Paper and Packaging by 173.4% in the 4th quarter. WINTON GROUP Ltd now owns 262,338 shares of the basic materials company’s stock worth $5,952,000 after purchasing an additional 166,401 shares in the last quarter. Finally, Heartland Advisors Inc. bought a new stake in shares of KapStone Paper and Packaging in the 4th quarter worth approximately $3,728,000. Institutional investors and hedge funds own 84.75% of the company’s stock.

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Shares of KapStone Paper and Packaging Corp. (NYSE:KS) opened at $34.64 on Friday. KapStone Paper and Packaging Corp. has a 1-year low of $19.59 and a 1-year high of $35.01. The company has a current ratio of 1.96, a quick ratio of 1.21 and a debt-to-equity ratio of 1.29. The stock has a market cap of $3,394.70, a P/E ratio of 26.41, a PEG ratio of 1.33 and a beta of 3.04.

KapStone Paper and Packaging (NYSE:KS) last released its quarterly earnings results on Wednesday, February 7th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.12. KapStone Paper and Packaging had a net margin of 7.34% and a return on equity of 13.31%. The business had revenue of $859.00 million for the quarter, compared to analyst estimates of $834.23 million. During the same quarter in the previous year, the business earned $0.24 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. analysts forecast that KapStone Paper and Packaging Corp. will post 1.87 EPS for the current fiscal year.

The company also recently declared a None dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Wednesday, March 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, March 27th. This represents a dividend yield of 1.14%. KapStone Paper and Packaging’s dividend payout ratio is currently 16.26%.

A number of research firms recently commented on KS. ValuEngine upgraded shares of KapStone Paper and Packaging from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. DA Davidson downgraded shares of KapStone Paper and Packaging from a “buy” rating to a “neutral” rating in a report on Thursday, February 8th. Deutsche Bank downgraded shares of KapStone Paper and Packaging from a “buy” rating to a “hold” rating and set a $35.00 target price on the stock. in a report on Thursday, February 8th. Royal Bank of Canada downgraded shares of KapStone Paper and Packaging from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $30.00 to $35.00 in a report on Thursday, February 1st. Finally, Zacks Investment Research upgraded shares of KapStone Paper and Packaging from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Wednesday, January 31st. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $30.71.

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About KapStone Paper and Packaging

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.

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Institutional Ownership by Quarter for KapStone Paper and Packaging (NYSE:KS)

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