Koppers Holdings Inc. (NYSE:KOP) VP Leslie S. Hyde sold 1,810 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $45.00, for a total value of $81,450.00. Following the transaction, the vice president now owns 19,727 shares of the company’s stock, valued at approximately $887,715. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Koppers Holdings Inc. (NYSE KOP) opened at 46.15 on Friday. The stock’s 50 day moving average price is $38.90 and its 200-day moving average price is $38.84. The stock has a market cap of $957.38 million, a price-to-earnings ratio of 23.50 and a beta of 0.97. Koppers Holdings Inc. has a 12 month low of $30.44 and a 12 month high of $46.55.

Koppers Holdings (NYSE:KOP) last released its earnings results on Thursday, August 3rd. The specialty chemicals company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.26. Koppers Holdings had a net margin of 3.02% and a return on equity of 153.51%. The business had revenue of $378.00 million during the quarter, compared to analysts’ expectations of $369.00 million. During the same quarter in the previous year, the company earned $0.93 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Equities analysts expect that Koppers Holdings Inc. will post $3.24 EPS for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in Koppers Holdings by 0.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,902 shares of the specialty chemicals company’s stock valued at $124,000 after acquiring an additional 18 shares in the last quarter. Arizona State Retirement System grew its stake in Koppers Holdings by 0.9% during the 1st quarter. Arizona State Retirement System now owns 10,786 shares of the specialty chemicals company’s stock valued at $457,000 after acquiring an additional 100 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in Koppers Holdings by 1.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 6,200 shares of the specialty chemicals company’s stock valued at $263,000 after acquiring an additional 100 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in Koppers Holdings by 1.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 8,500 shares of the specialty chemicals company’s stock valued at $307,000 after acquiring an additional 100 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in Koppers Holdings by 2.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,104 shares of the specialty chemicals company’s stock valued at $216,000 after acquiring an additional 104 shares in the last quarter. 87.90% of the stock is owned by institutional investors.

A number of brokerages have recently weighed in on KOP. Barrington Research restated an “outperform” rating and set a $55.00 price objective on shares of Koppers Holdings in a research report on Thursday, September 14th. Zacks Investment Research upgraded Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Tuesday, August 8th. TheStreet upgraded Koppers Holdings from a “c” rating to a “b-” rating in a research report on Thursday, August 3rd. FBR & Co restated an “outperform” rating and set a $44.00 price objective on shares of Koppers Holdings in a research report on Tuesday, July 11th. Finally, Wunderlich upgraded Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Wednesday, June 28th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Koppers Holdings currently has a consensus rating of “Buy” and an average price target of $45.40.

About Koppers Holdings

Koppers Holdings Inc is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.

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

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