Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) by 87.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,000 shares of the oil and gas company’s stock after buying an additional 20,000 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.06% of Calumet Specialty Products Partners, L.P worth $320,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Geode Capital Management LLC boosted its holdings in shares of Calumet Specialty Products Partners, L.P by 10.8% during the 4th quarter. Geode Capital Management LLC now owns 72,082 shares of the oil and gas company’s stock worth $555,000 after buying an additional 7,050 shares during the period. Raymond James & Associates boosted its holdings in shares of Calumet Specialty Products Partners, L.P by 23.0% during the 4th quarter. Raymond James & Associates now owns 38,153 shares of the oil and gas company’s stock worth $294,000 after buying an additional 7,146 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Calumet Specialty Products Partners, L.P by 17.2% during the 1st quarter. JPMorgan Chase & Co. now owns 82,000 shares of the oil and gas company’s stock worth $578,000 after buying an additional 12,037 shares during the period. Knott David M bought a new stake in shares of Calumet Specialty Products Partners, L.P during the 1st quarter worth about $6,666,000. Finally, UBS Group AG boosted its holdings in shares of Calumet Specialty Products Partners, L.P by 34.8% during the 1st quarter. UBS Group AG now owns 211,856 shares of the oil and gas company’s stock worth $1,494,000 after buying an additional 54,659 shares during the period. Hedge funds and other institutional investors own 13.37% of the company’s stock.

In other Calumet Specialty Products Partners, L.P news, CFO David West Griffin acquired 5,000 shares of the company’s stock in a transaction on Wednesday, August 15th. The stock was acquired at an average price of $6.70 per share, for a total transaction of $33,500.00. Following the purchase, the chief financial officer now directly owns 59,905 shares of the company’s stock, valued at $401,363.50. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 4.75% of the stock is owned by insiders.

Shares of Calumet Specialty Products Partners, L.P stock opened at $6.78 on Monday. Calumet Specialty Products Partners, L.P has a twelve month low of $6.05 and a twelve month high of $9.95. The company has a quick ratio of 0.90, a current ratio of 1.26 and a debt-to-equity ratio of 15.72. The stock has a market capitalization of $529.93 million, a price-to-earnings ratio of -12.10 and a beta of 1.35.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last issued its quarterly earnings data on Thursday, August 9th. The oil and gas company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. Calumet Specialty Products Partners, L.P had a negative net margin of 3.94% and a negative return on equity of 38.38%. The business had revenue of $945.50 million during the quarter, compared to analysts’ expectations of $829.99 million. equities research analysts expect that Calumet Specialty Products Partners, L.P will post -0.41 EPS for the current fiscal year.

Several analysts recently commented on CLMT shares. BidaskClub downgraded shares of Calumet Specialty Products Partners, L.P from a “buy” rating to a “hold” rating in a report on Saturday, April 28th. ValuEngine raised shares of Calumet Specialty Products Partners, L.P from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, Zacks Investment Research raised shares of Calumet Specialty Products Partners, L.P from a “hold” rating to a “strong-buy” rating and set a $8.75 target price for the company in a report on Friday, July 27th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $8.19.

About Calumet Specialty Products Partners, L.P

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America and internationally. It operates in two segments, Specialty Products and Fuel Products. The Specialty Products segment offers various lubricating oils, white mineral oils, solvents, petrolatums, waxes, synthetic lubricants, and other products which are used primarily as raw material components for basic automotive, industrial, and consumer goods.

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

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