Koppers Holdings Inc. (NYSE:KOP – Get Rating)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $31.76, but opened at $30.16. Koppers shares last traded at $30.16, with a volume of 100 shares trading hands.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on KOP. StockNews.com raised shares of Koppers from a "hold" rating to a "buy" rating in a report on Wednesday, December 7th. Barrington Research reissued an "outperform" rating on shares of Koppers in a report on Wednesday, October 5th. Finally, B. Riley restated a "buy" rating on shares of Koppers in a research note on Monday, November 7th.

Koppers Price Performance

The company has a debt-to-equity ratio of 2.20, a current ratio of 2.07 and a quick ratio of 1.03. The company's 50 day moving average is $27.16 and its 200 day moving average is $24.72. The stock has a market cap of $628.40 million, a price-to-earnings ratio of 9.00 and a beta of 1.78.

Koppers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 12th. Shareholders of record on Friday, November 25th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, November 23rd. This represents a $0.20 annualized dividend and a yield of 0.67%. Koppers's dividend payout ratio (DPR) is currently 5.99%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of KOP. Captrust Financial Advisors boosted its stake in shares of Koppers by 122.1% during the 1st quarter. Captrust Financial Advisors now owns 1,006 shares of the specialty chemicals company's stock worth $28,000 after purchasing an additional 553 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Koppers by 50.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,176 shares of the specialty chemicals company's stock worth $25,000 after acquiring an additional 394 shares during the period. KBC Group NV acquired a new position in Koppers in the 2nd quarter valued at $37,000. Mutual of America Capital Management LLC lifted its stake in shares of Koppers by 15.7% during the 2nd quarter. Mutual of America Capital Management LLC now owns 3,551 shares of the specialty chemicals company's stock worth $80,000 after purchasing an additional 481 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of Koppers by 6.0% during the first quarter. Bank of Montreal Can now owns 7,518 shares of the specialty chemicals company's stock worth $212,000 after purchasing an additional 425 shares during the last quarter. 88.59% of the stock is owned by hedge funds and other institutional investors.

About Koppers

(Get Rating)

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 three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC).

Featured Stories

• Get a free copy of the StockNews.com research report on Koppers (KOP)
• MarketBeat: Week in Review 12/12 – 12/16
• Which Two Bluechip Tech Companies Have Raised Their Guidance?
• Should You Worry About Elon Musk Selling His Tesla Shares?
• Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
• This is no Time to Buy Lennar but the Time is Coming

Receive News & Ratings for Koppers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koppers and related companies with MarketBeat.com's FREE daily email newsletter.