AxoGen, Inc. (AXGN) Forms $37.90 Double Top; Southernsun Asset Management Decreased Koppers Holdings (KOP) Stake By $13.00 Million

AxoGen, Inc. (NASDAQ:AXGN) Logo

Southernsun Asset Management Llc decreased Koppers Holdings Inc. (KOP) stake by 25.08% reported in 2017Q4 SEC filing. Southernsun Asset Management Llc sold 260,055 shares as Koppers Holdings Inc. (KOP)’s stock declined 18.87%. The Southernsun Asset Management Llc holds 776,653 shares with $39.53M value, down from 1.04 million last quarter. Koppers Holdings Inc. now has $909.19M valuation. The stock decreased 1.66% or $0.725 during the last trading session, reaching $43.075. About 25,363 shares traded. Koppers Holdings Inc. (NYSE:KOP) has declined 2.04% since May 1, 2017 and is downtrending. It has underperformed by 13.59% the S&P500.

AxoGen, Inc. (AXGN) formed double top with $41.31 target or 9.00% above today’s $37.90 share price. AxoGen, Inc. (AXGN) has $1.31 billion valuation. The stock decreased 4.77% or $1.9 during the last trading session, reaching $37.9. About 756,213 shares traded or 117.59% up from the average. AxoGen, Inc. (NASDAQ:AXGN) has risen 293.56% since May 1, 2017 and is uptrending. It has outperformed by 282.01% the S&P500.

Analysts await Koppers Holdings Inc. (NYSE:KOP) to report earnings on May, 4. They expect $0.87 EPS, up 27.94% or $0.19 from last year’s $0.68 per share. KOP’s profit will be $18.36 million for 12.38 P/E if the $0.87 EPS becomes a reality. After $0.40 actual EPS reported by Koppers Holdings Inc. for the previous quarter, Wall Street now forecasts 117.50% EPS growth.

Southernsun Asset Management Llc increased Actuant Corp (NYSE:ATU) stake by 101,802 shares to 2.54 million valued at $64.28 million in 2017Q4. It also upped Dycom Industries Inc (NYSE:DY) stake by 340,988 shares and now owns 806,384 shares. Extended Stay America Inc. (NYSE:STAY) was raised too.

Among 8 analysts covering Koppers Holdings (NYSE:KOP), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Koppers Holdings had 22 analyst reports since August 7, 2015 according to SRatingsIntel. B. Riley & Co maintained it with “Buy” rating and $60 target in Wednesday, February 28 report. The stock has “Hold” rating by Jefferies on Thursday, August 31. The rating was maintained by Jefferies with “Hold” on Tuesday, October 10. The firm has “Buy” rating by Wunderlich given on Thursday, June 30. As per Wednesday, May 31, the company rating was downgraded by Jefferies. The stock has “Outperform” rating by Barrington Research on Wednesday, June 8. The rating was downgraded by Wunderlich to “Hold” on Tuesday, November 29. The firm has “Outperform” rating by Barrington Research given on Wednesday, December 28. The firm has “Hold” rating given on Tuesday, November 14 by Jefferies. The firm has “Neutral” rating by Monness Crespi & Hardt given on Monday, July 18.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.37, from 1.43 in 2017Q3. It fall, as 19 investors sold KOP shares while 59 reduced holdings. 23 funds opened positions while 60 raised stakes. 18.50 million shares or 1.05% more from 18.30 million shares in 2017Q3 were reported. The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.17% in Koppers Holdings Inc. (NYSE:KOP). Federated Invsts Inc Pa invested in 0% or 12,568 shares. 10,000 were accumulated by New Jersey Better Educational Savings Tru. Ameritas Investment Partners accumulated 1,811 shares. Shell Asset Management Communications stated it has 23,817 shares or 0.02% of all its holdings. Pinebridge Invests Lp reported 0.03% of its portfolio in Koppers Holdings Inc. (NYSE:KOP). Amp Cap Investors Limited stated it has 0% in Koppers Holdings Inc. (NYSE:KOP). Amer International accumulated 0% or 16,421 shares. Zacks Investment has invested 0.03% in Koppers Holdings Inc. (NYSE:KOP). Globeflex Cap LP reported 41,000 shares. Ontario – Canada-based Hillsdale Investment Mngmt has invested 0.23% in Koppers Holdings Inc. (NYSE:KOP). Carroll Finance Assocs reported 301 shares or 0% of all its holdings. Advsrs Asset Mngmt stated it has 0.01% in Koppers Holdings Inc. (NYSE:KOP). Aperio Grp Limited Liability Corp holds 6,763 shares. Indexiq Advisors Ltd Liability has 0.06% invested in Koppers Holdings Inc. (NYSE:KOP).

Among 8 analysts covering AxoGen (NASDAQ:AXGN), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AxoGen has $38.0 highest and $4 lowest target. $28.25’s average target is -25.46% below currents $37.9 stock price. AxoGen had 21 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Leerink Swann with “Outperform” on Tuesday, November 21. The stock has “Buy” rating by Lake Street on Tuesday, November 22. The stock has “Outperform” rating by Wedbush on Friday, August 28. The stock of AxoGen, Inc. (NASDAQ:AXGN) earned “Outperform” rating by Leerink Swann on Thursday, November 2. Lake Street downgraded AxoGen, Inc. (NASDAQ:AXGN) rating on Thursday, November 3. Lake Street has “Hold” rating and $9 target. The firm earned “Market Outperform” rating on Thursday, March 1 by JMP Securities. The stock of AxoGen, Inc. (NASDAQ:AXGN) earned “Hold” rating by Zacks on Tuesday, August 11. As per Monday, August 21, the company rating was maintained by Cantor Fitzgerald. The stock of AxoGen, Inc. (NASDAQ:AXGN) has “Buy” rating given on Tuesday, November 21 by Wedbush. Cantor Fitzgerald maintained AxoGen, Inc. (NASDAQ:AXGN) on Wednesday, February 28 with “Buy” rating.

Analysts await AxoGen, Inc. (NASDAQ:AXGN) to report earnings on May, 3. They expect $-0.11 earnings per share, 0.00% or $0.00 from last year’s $-0.11 per share. After $-0.07 actual earnings per share reported by AxoGen, Inc. for the previous quarter, Wall Street now forecasts 57.14% negative EPS growth.

Koppers Holdings Inc. (NYSE:KOP) Institutional Positions Chart