Calumet Specialty Products Partners LP (NASDAQ:CLMT) 2017 Q3 Sentiment Change

January 22, 2018 - By reb123z

 Calumet Specialty Products Partners LP (NASDAQ:CLMT)  2017 Q3 Sentiment Change

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

Calumet Specialty Products Partners LP (NASDAQ:CLMT) institutional sentiment decreased to 1.22 in Q3 2017. Its down -0.33, from 1.55 in 2017Q2. The ratio dropped, as 28 investment managers increased and opened new equity positions, while 23 cut down and sold their stock positions in Calumet Specialty Products Partners LP. The investment managers in our partner’s database now have: 8.67 million shares, up from 6.32 million shares in 2017Q2. Also, the number of investment managers holding Calumet Specialty Products Partners LP in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 14 Increased: 20 New Position: 8.

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. The company has market cap of $635.46 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 3.31% or $0.26 during the last trading session, reaching $8.11. About 105,680 shares traded. Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) has risen 20.88% since January 22, 2017 and is uptrending. It has outperformed by 4.18% the S&P500.

Adams Asset Advisors Llc holds 0.93% of its portfolio in Calumet Specialty Products Partners, L.P. for 817,980 shares. Barnett & Company Inc. owns 103,900 shares or 0.44% of their US portfolio. Moreover, Gsa Capital Partners Llp has 0.21% invested in the company for 361,336 shares. The Texas-based Linscomb & Williams Inc. has invested 0.11% 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 20% of Calumet Specialty Products Partners LP’s analysts are positive. Out of 10 Wall Street analysts rating Calumet Specialty Products Partners LP, 2 give it “Buy”, 3 “Sell” rating, while 5 recommend “Hold”. The lowest target is $5.0 while the high is $34. The stock’s average target of $11.89 is 46.61% above today’s ($8.11) share price. CLMT was included in 31 notes of analysts from August 6, 2015. As per Monday, April 18, the company rating was downgraded by Raymond James. Credit Suisse upgraded the shares of CLMT in report on Friday, November 4 to “Neutral” rating. The stock of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) earned “Buy” rating by DA Davidson on Monday, November 16. Cowen & Co maintained Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) on Thursday, February 18 with “Buy” rating. The company was initiated on Friday, September 9 by FBR Capital. As per Tuesday, October 17, the company rating was maintained by Cowen & Co. As per Monday, August 14, the company rating was maintained by Cowen & Co. On Monday, April 18 the stock rating was downgraded by Wells Fargo to “Market Perform”. The stock of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) earned “Neutral” rating by Janney Capital on Tuesday, September 5. The stock of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) has “Underperform” rating given on Monday, April 25 by Credit Suisse.

More notable recent Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) news were published by: Fool.com which released: “Better Buy: Calumet Specialty Products Partners LP vs. Ashland Global Holdings” on October 26, 2017, also Seekingalpha.com with their article: “Timothy Go Is Calumet’s Silver Lining” published on December 18, 2017, Fool.com published: “Calumet Specialty Products Partners Earnings Were Late, but They’re Still …” on January 03, 2018. More interesting news about Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) were released by: Fool.com and their article: “How Calumet Specialty Products Partners LP Makes Most of Its Money” published on September 12, 2017 as well as Fool.com‘s news article titled: “Can Calumet Specialty Products keep it going in 2018?” with publication date: December 12, 2017.

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