Capital Fund Management S.A. Boosts Position in KapStone Paper and Packaging Corp. (KS)

Capital Fund Management S.A. increased its position in shares of KapStone Paper and Packaging Corp. (NYSE:KS) by 58.0% during the 4th quarter, HoldingsChannel reports. The fund owned 261,095 shares of the basic materials company’s stock after acquiring an additional 95,800 shares during the period. Capital Fund Management S.A.’s holdings in KapStone Paper and Packaging were worth $5,924,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KS. Public Employees Retirement System of Ohio lifted its stake in KapStone Paper and Packaging by 4.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,947 shares of the basic materials company’s stock worth $123,000 after acquiring an additional 239 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new position in KapStone Paper and Packaging during the 4th quarter worth about $134,000. SG Americas Securities LLC acquired a new position in KapStone Paper and Packaging during the 3rd quarter worth about $188,000. SFE Investment Counsel acquired a new position in KapStone Paper and Packaging during the 3rd quarter worth about $215,000. Finally, Quantbot Technologies LP acquired a new position in KapStone Paper and Packaging during the 3rd quarter worth about $220,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

In other news, VP Andrea K. Tarbox sold 32,486 shares of the stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $20.95, for a total value of $680,581.70. Following the transaction, the vice president now owns 157,336 shares in the company, valued at approximately $3,296,189.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 13.09% of the company’s stock.

Several equities research analysts have weighed in on the company. DA Davidson downgraded KapStone Paper and Packaging from a “buy” rating to a “neutral” rating in a report on Thursday, February 8th. ValuEngine upgraded KapStone Paper and Packaging from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. Stephens downgraded KapStone Paper and Packaging from an “overweight” rating to an “equal weight” rating and set a $28.00 price target on the stock. in a report on Tuesday, January 30th. BMO Capital Markets downgraded KapStone Paper and Packaging from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 30th. Finally, Zacks Investment Research upgraded KapStone Paper and Packaging from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a report on Wednesday, January 31st. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $30.50.

Shares of KapStone Paper and Packaging Corp. (NYSE KS) opened at $34.53 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.21 and a debt-to-equity ratio of 1.29. KapStone Paper and Packaging Corp. has a 1-year low of $19.59 and a 1-year high of $34.94. The firm has a market capitalization of $3,349.34, a PE ratio of 14.04, a price-to-earnings-growth ratio of 1.41 and a beta of 3.19.

KapStone Paper and Packaging (NYSE:KS) last released its quarterly earnings data on Wednesday, February 7th. The basic materials company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.12. KapStone Paper and Packaging had a return on equity of 13.31% and a net margin of 7.34%. The business had revenue of $859.00 million for the quarter, compared to the consensus estimate of $834.23 million. During the same quarter in the prior year, the business posted $0.24 EPS. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. equities analysts expect that KapStone Paper and Packaging Corp. will post 1.75 earnings per share for the current year.

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KapStone Paper and Packaging Profile

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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