Fuller & Thaler Amends Koppers Holdings Stake to 2.05M Shares
Ticker: KOP · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1315257
| Field | Detail |
|---|---|
| Company | Koppers Holdings INC. (KOP) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-holdings
TL;DR
**Fuller & Thaler still holds over 2 million Koppers shares, showing continued institutional interest.**
AI Summary
Fuller & Thaler Asset Management, Inc. filed an Amendment No. 10 to their Schedule 13G for Koppers Holdings Inc. on February 12, 2024, indicating their beneficial ownership of 2,053,152 shares of Koppers' Common Stock as of December 31, 2023. This filing shows that Fuller & Thaler holds sole voting power over these shares, representing a significant institutional stake. This matters to investors because it provides transparency into a major institutional investor's position, which can influence market perception and liquidity for Koppers Holdings Inc. stock.
Why It Matters
This filing updates the public on a significant institutional investor's holdings in Koppers Holdings Inc., offering insight into their continued confidence or changes in their investment strategy.
Risk Assessment
Risk Level: low — This is a routine update on institutional ownership and does not present immediate risks to the company or its investors.
Analyst Insight
Investors should note that a major institutional investor, Fuller & Thaler, continues to hold a substantial position in Koppers Holdings Inc. This indicates ongoing institutional confidence, but further analysis of Koppers' fundamentals and Fuller & Thaler's investment thesis would be prudent.
Key Numbers
- 2,053,152 — Shares Beneficially Owned (Represents Fuller & Thaler's sole voting power in Koppers Holdings Inc. as of December 31, 2023.)
Key Players & Entities
- Fuller & Thaler Asset Management, Inc. (company) — the reporting person and institutional investor
- Koppers Holdings Inc. (company) — the issuer of the securities
- 2,053,152 (dollar_amount) — number of shares beneficially owned with sole voting power
- December 31, 2023 (date) — the date of the event requiring the filing
- February 12, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- Fuller & Thaler Asset Management, Inc. will maintain a significant stake in Koppers Holdings Inc. for the foreseeable future. (Fuller & Thaler Asset Management, Inc.) — medium confidence, target: December 31, 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing (Amendment No. 10) updates the public on the beneficial ownership of Koppers Holdings Inc. common stock by Fuller & Thaler Asset Management, Inc., as required by Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is Fuller & Thaler Asset Management, Inc., with an IRS Identification No. of 94-3176968 and organized in California, as stated on page 2 of 5 of the filing.
What is the CUSIP number for Koppers Holdings Inc. common stock?
The CUSIP number for Koppers Holdings Inc. Common Stock is 50060P106, as indicated on the cover page and page 2 of 5 of the filing.
As of what date does this filing report the beneficial ownership?
This filing reports the beneficial ownership as of December 31, 2023, which is stated as the 'Date of Event which Requires Filing of this Statement' on the cover page.
How many shares does Fuller & Thaler Asset Management, Inc. have sole voting power over?
Fuller & Thaler Asset Management, Inc. has sole voting power over 2,053,152 shares, as detailed in 'Item 5 Sole Voting Power' on page 2 of 5 of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding Koppers Holdings Inc. (KOP).