Calumet Specialty Products Partners LP (NASDAQ:CLMT) Institutional Investor Sentiment Analysis

April 17, 2018 - By Clifton Ray

Sentiment for Calumet Specialty Products Partners LP (NASDAQ:CLMT)

Calumet Specialty Products Partners LP (NASDAQ:CLMT) institutional sentiment decreased to 1.11 in Q4 2017. Its down -0.11, from 1.22 in 2017Q3. The ratio worsened, as 31 investment professionals started new and increased positions, while 28 reduced and sold positions in Calumet Specialty Products Partners LP. The investment professionals in our partner’s database now have: 9.90 million shares, up from 8.67 million shares in 2017Q3. Also, the number of investment professionals holding Calumet Specialty Products Partners LP in their top 10 positions increased from 0 to 1 for an increase of 1. Sold All: 14 Reduced: 14 Increased: 17 New Position: 14.

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. The company has market cap of $572.87 million. It operates in three divisions: Specialty Products, Fuel Products, and Oilfield Services. It currently has negative earnings. The Specialty Products segment offers various lubricating oils, white mineral oils, petrolatums, solvents, waxes, synthetic lubricants, and other products which are used primarily as raw material components for basic automotive, industrial, and consumer goods.

The stock increased 1.39% or $0.1 during the last trading session, reaching $7.3. About 42,285 shares traded. Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) has risen 88.00% since April 17, 2017 and is uptrending. It has outperformed by 76.45% the S&P500.

Analysts await Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) to report earnings on May, 3. They expect $-0.31 EPS, down 287.50 % or $0.23 from last year’s $-0.08 per share. After $-0.39 actual EPS reported by Calumet Specialty Products Partners, L.P. for the previous quarter, Wall Street now forecasts -20.51 % EPS growth.

Adams Asset Advisors Llc holds 1.49% of its portfolio in Calumet Specialty Products Partners, L.P. for 1.40 million shares. Barnett & Company Inc. owns 127,600 shares or 0.48% of their US portfolio. Moreover, Gsa Capital Partners Llp has 0.16% invested in the company for 344,834 shares. The Texas-based Linscomb & Williams Inc. has invested 0.09% in the stock. Oakwood Capital Management Llc Ca, a California-based fund reported 28,100 shares.#img1#

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Ratings Coverage

Ratings analysis reveals 50% of Calumet Specialty Products’s analysts are positive. Out of 2 Wall Street analysts rating Calumet Specialty Products, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $8.0 while the high is $10.0. The stock’s average target of $9 is 23.29% above today’s ($7.3) share price. CLMT was included in 2 notes of analysts from December 29, 2017. Cowen & Co maintained it with “Hold” rating and $8.0 target in Thursday, March 8 report. Wells Fargo maintained the shares of CLMT in report on Friday, December 29 with “Buy” rating.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Institutional Positions Chart

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