129,820 Shares in Koppers Holdings Inc. $KOP Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Koppers Holdings Inc. (NYSE:KOP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 129,820 shares of the specialty chemicals company’s stock, valued at approximately $3,635,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Consulate Inc. bought a new stake in shares of Koppers in the 3rd quarter valued at about $42,000. Byrne Asset Management LLC bought a new stake in Koppers in the third quarter valued at approximately $42,000. Tower Research Capital LLC TRC lifted its position in Koppers by 258.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock valued at $62,000 after purchasing an additional 1,391 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of Koppers by 95.6% during the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock valued at $68,000 after purchasing an additional 1,041 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in shares of Koppers by 23.5% in the second quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock worth $104,000 after purchasing an additional 615 shares during the last quarter. 92.75% of the stock is owned by institutional investors.

Koppers Price Performance

Shares of NYSE KOP opened at $29.23 on Thursday. Koppers Holdings Inc. has a 1 year low of $22.99 and a 1 year high of $35.61. The stock has a market capitalization of $573.10 million, a P/E ratio of 36.53 and a beta of 1.38. The company’s 50-day moving average is $28.37 and its 200 day moving average is $28.99. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.63 and a quick ratio of 1.09.

Koppers (NYSE:KOP) last issued its quarterly earnings data on Friday, November 7th. The specialty chemicals company reported $1.21 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.04). Koppers had a return on equity of 16.48% and a net margin of 0.84%.The company had revenue of $485.30 million during the quarter, compared to analysts’ expectations of $516.50 million. During the same quarter last year, the business earned $1.37 earnings per share. The business’s quarterly revenue was down 12.4% on a year-over-year basis. Koppers has set its FY 2025 guidance at 4.000-4.150 EPS. On average, sell-side analysts expect that Koppers Holdings Inc. will post 4.24 earnings per share for the current year.

Koppers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Friday, November 28th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, November 28th. Koppers’s dividend payout ratio is presently 40.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Zacks Research lowered shares of Koppers from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. Barrington Research reaffirmed an “outperform” rating and set a $55.00 price objective on shares of Koppers in a research note on Tuesday, November 11th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Koppers in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat, Koppers presently has a consensus rating of “Hold” and an average target price of $52.50.

About Koppers

Koppers Company, Inc is a global specialty chemicals and materials manufacturer serving diverse industrial markets. The company operates through two primary segments: Carbon Materials & Chemicals, which produces a range of coal tar–based products, phenolic specialties and carbon compounds; and Railroad Products & Services, which offers wood treating and infrastructure services for rail and utility customers.

In its Carbon Materials & Chemicals segment, Koppers supplies coal tar pitch, refined creosote, coal tar‐based distillates and phenolic resins used in aluminum smelting, graphite electrode manufacture, carbon fiber production, and water treatment applications.