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KapStone Paper and Packaging Corp. (NYSE:KS) CFO Andrea K. Tarbox sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $31.34, for a total value of $783,500.00. Following the sale, the chief financial officer now directly owns 141,752 shares of the company’s stock, valued at approximately $4,442,508. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on KS shares. Analysts at BMO Capital Markets initiated coverage on shares of KapStone Paper and Packaging Corp. in a research note on Thursday. They set a “market perform” rating and a $31.00 price target on the stock. Separately, analysts at Deutsche Bank upgraded shares of KapStone Paper and Packaging Corp. from a “hold” rating to a “buy” rating in a research note on Monday, August 18th. They now have a $36.00 price target on the stock, up previously from $26.00. Finally, analysts at Zacks downgraded shares of KapStone Paper and Packaging Corp. from a “neutral” rating to an “underperform” rating in a research note on Thursday, August 7th. They now have a $29.30 price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $38.22.

Shares of KapStone Paper and Packaging Corp. (NYSE:KS) traded up 0.28% during mid-day trading on Thursday, hitting $32.64. The stock had a trading volume of 1,918,870 shares. KapStone Paper and Packaging Corp. has a one year low of $20.39 and a one year high of $34.43. The stock has a 50-day moving average of $30.47 and a 200-day moving average of $29.52. The company has a market cap of $3.131 billion and a price-to-earnings ratio of 18.40.

KapStone Paper and Packaging Corp. (NYSE:KS) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.02. The company had revenue of $590.00 million for the quarter, compared to the consensus estimate of $574.30 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 81.0% on a year-over-year basis. On average, analysts predict that KapStone Paper and Packaging Corp. will post $2.18 earnings per share for the current fiscal year.

KapStone Paper and Packaging Corporation (NYSE:KS) is an integrated manufacture and sale of unbleached kraft paper and corrugated products for industrial and consumer markets.

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