GSA Capital Partners LLP boosted its stake in shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) by 56.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 361,336 shares of the oil and gas company’s stock after buying an additional 130,514 shares during the period. GSA Capital Partners LLP owned 0.47% of Calumet Specialty Products Partners, L.P worth $3,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Investment Centers of America Inc. raised its position in Calumet Specialty Products Partners, L.P by 1.2% in the second quarter. Investment Centers of America Inc. now owns 23,984 shares of the oil and gas company’s stock valued at $103,000 after purchasing an additional 292 shares during the period. Virtu KCG Holdings LLC raised its position in Calumet Specialty Products Partners, L.P by 6.6% in the second quarter. Virtu KCG Holdings LLC now owns 47,580 shares of the oil and gas company’s stock valued at $202,000 after purchasing an additional 2,931 shares during the period. Jane Street Group LLC purchased a new stake in Calumet Specialty Products Partners, L.P in the third quarter valued at $145,000. Wells Fargo & Company MN raised its position in Calumet Specialty Products Partners, L.P by 3.8% in the second quarter. Wells Fargo & Company MN now owns 479,323 shares of the oil and gas company’s stock valued at $2,037,000 after purchasing an additional 17,573 shares during the period. Finally, Westwood Holdings Group Inc. purchased a new stake in Calumet Specialty Products Partners, L.P in the second quarter valued at $110,000. 13.86% of the stock is currently owned by institutional investors.

Shares of Calumet Specialty Products Partners, L.P (NASDAQ CLMT) opened at $8.00 on Thursday. The company has a debt-to-equity ratio of 9.55, a quick ratio of 0.59 and a current ratio of 1.36. Calumet Specialty Products Partners, L.P has a 1-year low of $3.40 and a 1-year high of $9.95.

CLMT has been the topic of a number of research analyst reports. Janney Montgomery Scott downgraded Calumet Specialty Products Partners, L.P from a “buy” rating to a “neutral” rating and lifted their target price for the company from $8.50 to $9.00 in a research report on Tuesday, September 5th. Zacks Investment Research downgraded Calumet Specialty Products Partners, L.P from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Cowen restated a “hold” rating and issued a $5.00 target price on shares of Calumet Specialty Products Partners, L.P in a research report on Tuesday, October 17th. Wells Fargo & Company lifted their target price on Calumet Specialty Products Partners, L.P from $7.00 to $10.00 and gave the company an “outperform” rating in a research report on Friday, September 29th. They noted that the move was a valuation call. Finally, ValuEngine upgraded Calumet Specialty Products Partners, L.P from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $6.29.

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Calumet Specialty Products Partners, L.P Company Profile

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products in North America. The Company operates through three segments: specialty products, fuel products and oilfield services. In its specialty products segment, the Company processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes.

Institutional Ownership by Quarter for Calumet Specialty Products Partners, L.P (NASDAQ:CLMT)

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