Turtle Creek Asset Management Has Lifted Mitel Networks (MITL) Holding By $8.17 Million, 2 Analysts Are Bullish Koppers Holdings Inc. (KOP) Last Week

July 17, 2017 - By Adrian Mccoy

Among 5 analysts covering Koppers Holdings (NYSE:KOP), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Koppers Holdings had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Barrington Research on Wednesday, June 8. The stock of Koppers Holdings Inc. (NYSE:KOP) has “Hold” rating given on Tuesday, November 29 by Wunderlich. Barrington Research maintained Koppers Holdings Inc. (NYSE:KOP) rating on Monday, May 8. Barrington Research has “Outperform” rating and $55 target. Wunderlich upgraded Koppers Holdings Inc. (NYSE:KOP) on Wednesday, June 28 to “Buy” rating. Monness Crespi & Hardt downgraded Koppers Holdings Inc. (NYSE:KOP) on Monday, July 18 to “Neutral” rating. The firm earned “Hold” rating on Thursday, July 13 by Jefferies. Wunderlich maintained it with “Buy” rating and $39 target in Thursday, June 30 report. The firm earned “Equal-Weight” rating on Thursday, October 15 by First Analysis. Jefferies downgraded the shares of KOP in report on Wednesday, May 31 to “Hold” rating. Jefferies upgraded Koppers Holdings Inc. (NYSE:KOP) on Tuesday, September 8 to “Buy” rating. See Koppers Holdings Inc. (NYSE:KOP) latest ratings:

13/07/2017 Broker: Jefferies Rating: Hold New Target: $40.0000 Maintain
28/06/2017 Broker: Wunderlich Old Rating: Hold New Rating: Buy Upgrade
31/05/2017 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
08/05/2017 Broker: Barrington Research Rating: Outperform Old Target: $50.00 New Target: $55.00 Maintain

Turtle Creek Asset Management Inc increased Mitel Networks Corp (MITL) stake by 19.39% reported in 2016Q4 SEC filing. Turtle Creek Asset Management Inc acquired 1.36M shares as Mitel Networks Corp (MITL)’s stock declined 5.88%. The Turtle Creek Asset Management Inc holds 8.39 million shares with $57.02 million value, up from 7.02M last quarter. Mitel Networks Corp now has $1.10 billion valuation. The stock rose 0.71% or $0.05 reaching $7.12 per share. About 226,469 shares traded. Mitel Networks Corp (NASDAQ:MITL) has risen 10.16% since July 17, 2016 and is uptrending. It has underperformed by 6.54% the S&P500.

Investors sentiment increased to 1.71 in Q4 2016. Its up 0.32, from 1.39 in 2016Q3. It is positive, as 12 investors sold Koppers Holdings Inc. shares while 39 reduced holdings. 29 funds opened positions while 58 raised stakes. 17.48 million shares or 1.24% more from 17.27 million shares in 2016Q3 were reported. California Public Employees Retirement System holds 0% in Koppers Holdings Inc. (NYSE:KOP) or 70,600 shares. 78,833 were accumulated by Qs Invsts Ltd Liability Corp. Dupont Corp invested 0.01% of its portfolio in Koppers Holdings Inc. (NYSE:KOP). Rhumbline Advisers invested 0% of its portfolio in Koppers Holdings Inc. (NYSE:KOP). Nationwide Fund Advisors invested 0.01% of its portfolio in Koppers Holdings Inc. (NYSE:KOP). Blackrock Fund Advsr has 0.01% invested in Koppers Holdings Inc. (NYSE:KOP). Mason Street Limited Company invested in 4,515 shares or 0% of the stock. Irving Magee Inv, a Pennsylvania-based fund reported 135,690 shares. Manufacturers Life Insurance The has invested 0% in Koppers Holdings Inc. (NYSE:KOP). Ajo Limited Partnership has invested 0.02% of its portfolio in Koppers Holdings Inc. (NYSE:KOP). Moreover, Preferred Limited Liability has 0.04% invested in Koppers Holdings Inc. (NYSE:KOP). Martingale Asset L P owns 36,521 shares or 0.02% of their US portfolio. 7,771 were reported by Blackrock Inc. Morgan Stanley has invested 0% in Koppers Holdings Inc. (NYSE:KOP). Geode Cap Mngmt Lc, a Massachusetts-based fund reported 148,425 shares.

Since February 27, 2017, it had 0 buys, and 7 insider sales for $1.45 million activity. $105,030 worth of stock was sold by Loadman Thomas D on Wednesday, June 7. Hillenbrand David M also sold $286,780 worth of Koppers Holdings Inc. (NYSE:KOP) on Monday, February 27. 5,463 shares were sold by Lacy Steven R, worth $242,885 on Friday, March 3. ZHU JIANZHONG also sold $88,340 worth of Koppers Holdings Inc. (NYSE:KOP) shares. Shares for $183,513 were sold by McCormack Mark R on Wednesday, March 1.

Koppers Holdings Inc. is a global integrated well-known provider of treated wood products, wood treatment chemicals and carbon compounds. The company has market cap of $781.31 million. The Firm operates through three divisions: Railroad and Utility Products and Services , Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). It has a 23.61 P/E ratio. The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.

About 52,656 shares traded. Koppers Holdings Inc. (NYSE:KOP) has risen 55.42% since July 17, 2016 and is uptrending. It has outperformed by 38.72% the S&P500.

Among 2 analysts covering Mitel Networks (NASDAQ:MITL), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Mitel Networks had 10 analyst reports since August 7, 2015 according to SRatingsIntel. As per Friday, August 7, the company rating was maintained by Canaccord Genuity. The stock of Mitel Networks Corp (NASDAQ:MITL) has “Sell” rating given on Thursday, September 17 by Zacks. The stock of Mitel Networks Corp (NASDAQ:MITL) earned “Sell” rating by Zacks on Tuesday, August 25. The rating was maintained by RBC Capital Markets on Friday, August 7 with “Outperform”. The stock of Mitel Networks Corp (NASDAQ:MITL) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 3. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 9. The firm earned “Sector Perform” rating on Tuesday, December 20 by RBC Capital Markets. The stock of Mitel Networks Corp (NASDAQ:MITL) earned “Sell” rating by Zacks on Tuesday, August 18.

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