Villanova Investment Management Co LLC Has $1.61 Million Stock Holdings in Koppers Holdings Inc. (NYSE:KOP)

Villanova Investment Management Co LLC raised its position in Koppers Holdings Inc. (NYSE:KOP - Free Report) by 71.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,729 shares of the specialty chemicals company's stock after purchasing an additional 20,735 shares during the period. Villanova Investment Management Co LLC owned approximately 0.25% of Koppers worth $1,611,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of KOP. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Koppers by 277.2% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,520 shares of the specialty chemicals company's stock valued at $56,000 after purchasing an additional 1,117 shares in the last quarter. US Bancorp DE raised its holdings in Koppers by 145.1% during the 4th quarter. US Bancorp DE now owns 2,027 shares of the specialty chemicals company's stock worth $66,000 after buying an additional 1,200 shares during the period. R Squared Ltd bought a new position in Koppers in the fourth quarter valued at approximately $69,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Koppers by 345.6% in the third quarter. Public Employees Retirement System of Ohio now owns 2,905 shares of the specialty chemicals company's stock valued at $106,000 after buying an additional 2,253 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Koppers during the fourth quarter worth $136,000. Institutional investors own 92.75% of the company's stock.

Wall Street Analyst Weigh In

KOP has been the topic of several research reports. StockNews.com raised shares of Koppers from a "sell" rating to a "hold" rating in a research report on Saturday, March 22nd. Barrington Research restated an "outperform" rating and issued a $64.00 price target on shares of Koppers in a report on Monday, February 24th.

Remove Ads

Koppers Stock Down 3.8 %

Shares of KOP stock traded down $0.98 during trading on Friday, reaching $25.02. The company's stock had a trading volume of 275,004 shares, compared to its average volume of 154,481. Koppers Holdings Inc. has a one year low of $23.81 and a one year high of $56.96. The business has a fifty day moving average price of $29.47 and a 200-day moving average price of $33.04. The company has a market cap of $512.56 million, a price-to-earnings ratio of 7.11 and a beta of 1.74. The company has a quick ratio of 1.13, a current ratio of 2.54 and a debt-to-equity ratio of 1.83.

Koppers (NYSE:KOP - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The specialty chemicals company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.95 by ($0.18). The business had revenue of $477.00 million for the quarter, compared to analyst estimates of $497.00 million. Koppers had a return on equity of 16.71% and a net margin of 3.55%. Analysts anticipate that Koppers Holdings Inc. will post 4.24 earnings per share for the current year.

Koppers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Friday, March 7th. This is an increase from Koppers's previous quarterly dividend of $0.07. Koppers's dividend payout ratio is presently 13.17%.

Koppers announced that its board has initiated a stock buyback program on Thursday, February 27th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the specialty chemicals company to repurchase up to 16.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is undervalued.

Koppers Profile

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.