Mutual of America Capital Management LLC reduced its position in Kraton Corp (NYSE:KRA) by 29.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 115,056 shares of the specialty chemicals company’s stock after selling 48,721 shares during the period. Mutual of America Capital Management LLC’s holdings in Kraton were worth $5,542,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. First Quadrant L P CA acquired a new stake in shares of Kraton during the fourth quarter worth approximately $200,000. SG Americas Securities LLC acquired a new stake in shares of Kraton during the third quarter worth approximately $169,000. Delta Capital Management LLC acquired a new stake in shares of Kraton during the fourth quarter worth approximately $216,000. Fox Run Management L.L.C. acquired a new stake in shares of Kraton during the fourth quarter worth approximately $241,000. Finally, LS Investment Advisors LLC boosted its holdings in shares of Kraton by 31.4% during the third quarter. LS Investment Advisors LLC now owns 5,369 shares of the specialty chemicals company’s stock worth $217,000 after purchasing an additional 1,282 shares during the period. 97.08% of the stock is currently owned by institutional investors and hedge funds.

Shares of Kraton Corp (NYSE:KRA) opened at $48.06 on Monday. The company has a debt-to-equity ratio of 2.85, a current ratio of 2.27 and a quick ratio of 1.19. The stock has a market cap of $1,504.09, a P/E ratio of 19.46 and a beta of 1.13. Kraton Corp has a one year low of $25.09 and a one year high of $53.39.

Several analysts recently commented on KRA shares. SunTrust Banks restated a “buy” rating and set a $55.00 price target (up from $45.00) on shares of Kraton in a report on Wednesday, October 11th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Kraton from a “strong-buy” rating to a “hold” rating in a report on Friday, October 13th. UBS Group raised their price target on shares of Kraton from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Wednesday, October 25th. ValuEngine upgraded shares of Kraton from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. Finally, TheStreet cut shares of Kraton from a “b-” rating to a “c” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Kraton currently has a consensus rating of “Hold” and an average target price of $51.50.

In other Kraton news, Director Barry J. Goldstein sold 16,651 shares of Kraton stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $49.15, for a total value of $818,396.65. Following the completion of the sale, the director now directly owns 42,323 shares in the company, valued at $2,080,175.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kevin Michael Fogarty sold 1,042 shares of Kraton stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $50.00, for a total transaction of $52,100.00. Following the completion of the sale, the insider now owns 197,731 shares of the company’s stock, valued at $9,886,550. The disclosure for this sale can be found here. 4.71% of the stock is owned by insiders.

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About Kraton

Kraton Corporation, formerly Kraton Performance Polymers, Inc, is a specialty chemicals company. The Company manufactures styrenic block copolymers (SBCs) and other engineered polymers. The Company also produces specialty products primarily derived from pine wood pulping co-products. The Company operates through two segments: Polymer Segment, which comprises SBCs and other engineered polymers business, and Chemical Segment, which comprises pine-based specialty products business.

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Institutional Ownership by Quarter for Kraton (NYSE:KRA)

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