Strategic Wealth Advisors Group LLC Invests $604,000 in Koppers Holdings Inc. (KOP)

Strategic Wealth Advisors Group LLC purchased a new position in Koppers Holdings Inc. (NYSE:KOP) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,093 shares of the specialty chemicals company’s stock, valued at approximately $604,000. Strategic Wealth Advisors Group LLC owned about 0.06% of Koppers Holdings at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Koppers Holdings by 7.2% in the second quarter. Vanguard Group Inc. now owns 2,627,991 shares of the specialty chemicals company’s stock worth $95,002,000 after buying an additional 176,347 shares during the last quarter. BlackRock Inc. increased its stake in shares of Koppers Holdings by 32,452.7% in the first quarter. BlackRock Inc. now owns 2,529,668 shares of the specialty chemicals company’s stock worth $107,130,000 after buying an additional 2,521,897 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of Koppers Holdings by 25.0% in the second quarter. State of New Jersey Common Pension Fund D now owns 900,000 shares of the specialty chemicals company’s stock worth $32,535,000 after buying an additional 180,000 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Koppers Holdings by 2.2% in the second quarter. Dimensional Fund Advisors LP now owns 624,177 shares of the specialty chemicals company’s stock worth $22,564,000 after buying an additional 13,383 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Koppers Holdings by 11.3% in the second quarter. State Street Corp now owns 573,048 shares of the specialty chemicals company’s stock worth $20,716,000 after buying an additional 58,405 shares during the last quarter. Institutional investors and hedge funds own 88.27% of the company’s stock.

KOP has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Koppers Holdings from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Jefferies Group LLC restated a “hold” rating and issued a $40.00 price target on shares of Koppers Holdings in a research note on Thursday, October 12th. TheStreet upgraded shares of Koppers Holdings from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Finally, Barrington Research restated an “outperform” rating and issued a $55.00 price target on shares of Koppers Holdings in a research note on Thursday, September 14th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $45.40.

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In other news, VP Leslie S. Hyde sold 1,810 shares of the business’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $45.00, for a total transaction of $81,450.00. Following the completion of the transaction, the vice president now owns 19,727 shares of the company’s stock, valued at $887,715. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Leslie S. Hyde sold 1,800 shares of the business’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $43.00, for a total transaction of $77,400.00. Following the transaction, the vice president now directly owns 19,927 shares of the company’s stock, valued at approximately $856,861. The disclosure for this sale can be found here. Insiders own 3.90% of the company’s stock.

Koppers Holdings Inc. (NYSE:KOP) traded down $0.15 during trading on Wednesday, reaching $46.95. 127,600 shares of the company’s stock were exchanged, compared to its average volume of 118,825. The firm has a market capitalization of $977.11, a P/E ratio of 12.76, a PEG ratio of 0.71 and a beta of 1.02. The company has a current ratio of 2.02, a quick ratio of 1.13 and a debt-to-equity ratio of 6.08. Koppers Holdings Inc. has a 1 year low of $33.90 and a 1 year high of $51.80.

Koppers Holdings (NYSE:KOP) last released its quarterly earnings data on Thursday, November 9th. The specialty chemicals company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.55. The firm had revenue of $384.80 million during the quarter, compared to the consensus estimate of $363.00 million. Koppers Holdings had a net margin of 3.54% and a return on equity of 119.06%. The firm’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.99 earnings per share. research analysts predict that Koppers Holdings Inc. will post 3.7 EPS for the current year.

Koppers Holdings Company Profile

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.

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Institutional Ownership by Quarter for Koppers Holdings (NYSE:KOP)

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