Campbell & CO Investment Adviser LLC Invests $772,000 in Koppers Holdings Inc. (NYSE:KOP)

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Koppers Holdings Inc. (NYSE:KOPFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 15,066 shares of the specialty chemicals company’s stock, valued at approximately $772,000. Campbell & CO Investment Adviser LLC owned approximately 0.07% of Koppers as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. AJOVista LLC bought a new stake in shares of Koppers during the fourth quarter worth about $62,000. Quantbot Technologies LP bought a new stake in Koppers during the 3rd quarter worth approximately $88,000. DekaBank Deutsche Girozentrale acquired a new position in Koppers in the 3rd quarter valued at approximately $209,000. Hsbc Holdings PLC bought a new position in shares of Koppers during the third quarter valued at $223,000. Finally, Arizona State Retirement System acquired a new position in shares of Koppers during the third quarter worth $235,000. 92.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on KOP. Singular Research raised Koppers from a “hold” rating to a “buy” rating and set a $67.50 target price for the company in a research report on Wednesday, March 13th. Barrington Research restated an “outperform” rating and set a $64.00 price objective on shares of Koppers in a research report on Tuesday, May 28th.

Get Our Latest Stock Analysis on KOP

Insider Activity

In related news, CEO M Leroy Ball sold 2,500 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $43.13, for a total value of $107,825.00. Following the completion of the sale, the chief executive officer now directly owns 321,008 shares of the company’s stock, valued at approximately $13,845,075.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, SVP Leslie S. Hyde sold 22,403 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $53.91, for a total value of $1,207,745.73. Following the completion of the sale, the senior vice president now directly owns 55,658 shares of the company’s stock, valued at $3,000,522.78. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO M Leroy Ball sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $43.13, for a total value of $107,825.00. Following the completion of the transaction, the chief executive officer now owns 321,008 shares in the company, valued at approximately $13,845,075.04. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,403 shares of company stock worth $1,421,471. Company insiders own 6.55% of the company’s stock.

Koppers Stock Performance

KOP stock opened at $42.68 on Friday. Koppers Holdings Inc. has a 1-year low of $31.50 and a 1-year high of $58.23. The company has a current ratio of 2.29, a quick ratio of 1.00 and a debt-to-equity ratio of 1.70. The stock has a 50-day moving average price of $48.93 and a 200-day moving average price of $49.57. The firm has a market cap of $904.82 million, a PE ratio of 12.02 and a beta of 1.87.

Koppers (NYSE:KOPGet Free Report) last issued its quarterly earnings results on Friday, May 3rd. The specialty chemicals company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. The firm had revenue of $497.60 million for the quarter, compared to analyst estimates of $497.00 million. Koppers had a return on equity of 17.19% and a net margin of 3.59%. The company’s revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.12 earnings per share. As a group, equities research analysts expect that Koppers Holdings Inc. will post 4.51 earnings per share for the current year.

Koppers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 24th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Thursday, May 23rd. Koppers’s dividend payout ratio (DPR) is currently 7.89%.

Koppers Company Profile

(Free Report)

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

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Institutional Ownership by Quarter for Koppers (NYSE:KOP)

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