KapStone Paper and Packaging Corporation (NYSE:KS)'s RSI Reaches Overbought Range

The Grandeur Peak Global Advisors Llc holds 232,600 shares with $10.60M value, up from 219,350 last quarter. This represents a $0.40 dividend on an annualized basis and a yield of 1.16%. The volume of 0.67 Million shares climbed down over an trading activity of 596.37 Million shares. (NASDAQ:CME) is noted at 2.66. It has underperformed by 12.64% the S&P500.

KapStone Paper and Packaging Corporation (NYSE:KS) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. KapStone Paper and Packaging Corporation now has an average analyst recommendation of 2.70 according to analysts. At the time of writing, shares were trading -7.17% away from the 20-days simple moving average and 0.31% away from the 200-days simple moving average. About 968,583 shares traded.

WELLINGTON MANAGEMENT GROUP LLP lowered its stake in KapStone Paper and Packaging Corporation (NYSE:KS) by 24.51% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. It has outperformed by 29.08% the S&P500. Miller Charles S. had sold 26,250 shares worth $1.48 million on Thursday, January 25.

A number of research analysts have issued reports on the company. The firm is having analyst recommendation of 1.70 on scale of 1 to 5. Therefore 69% are positive. Fastenal has $62.0 highest and $27 lowest target. The stock price of RSPP is moving down from its 20 days moving average with -7.28% and isolated negatively from 50 days moving average with -2.18%. Fastenal had 63 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, Zacks Investment Research upgraded shares of KapStone Paper and Packaging from a "hold" rating to a "buy" rating and set a $39.00 price target for the company in a research report on Wednesday, January 31st. On Friday, May 26 the stock rating was maintained by Citigroup with "Buy". The firm has "Equal-Weight" rating by Barclays Capital given on Wednesday, January 17. Stifel Nicolaus has "Hold" rating and $54.0 target. On Friday, June 2 the stock rating was initiated by Stephens with "Buy".

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.17, from 0.72 in 2017Q2.


Several large investors have recently bought and sold shares of the company. Institutional investors own 86.08% of the company's stock. For the next financial year, analysts forecast that the business will report earnings of $1.57 per share, with EPS estimates ranging from $1.27 to $1.75. Toronto Dominion Comml Bank reported 109,291 shares. 157,499 were accumulated by Utd Service Automobile Association.

At the session level, shares of L Brands, Inc.(NYSE:LB) moved -2.21% from the open. Advsr Asset Management reported 285,047 shares stake. Gateway Investment Advisers Limited Com has invested 0.01% in Fastenal Company (NASDAQ:FAST). BLACKROCK INC. owned 4.35% of L Brands, Inc.

In other KapStone Paper and Packaging news, VP Andrea K. Tarbox sold 32,486 shares of the business's stock in a transaction on Wednesday, November 22nd. The company has a market cap of $3,361.00, a P/E ratio of 45.96, a P/E/G ratio of 1.46 and a beta of 3.19. The firm operates in two divisions, Paper and Packaging, and Distribution. The Paper and Packaging segment manufactures and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets. KapStone Paper and Packaging's dividend payout ratio (DPR) is presently 53.33%. Therefore 19% are positive. The stock tapped a 52-week high of US$34.94 while the mean 12-month price target for the shares is US$30.67. The firm has "Sector Perform" rating by RBC Capital Markets given on Thursday, February 1.

Looking forward to the ratio analysis, the KapStone Paper and Packaging Corporation (NYSE:KS) has price to earnings ratio of 45.95, which is indicating if firm is fluctuating between 15 and 25 than it lies on average position; but sometimes if it's under this value some experts consider it as undervalue security. On Thursday, March 31 the stock rating was initiated by Standpoint Research with "Buy". TheStreet raised KapStone Paper and Packaging from a "c+" rating to a "b-" rating in a report on Monday, January 8th. STATE STREET CORP also announced decreased position in KapStone Paper and Packaging Corporation (KS) during the quarter.

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