As United Technologies (UTX) Market Valuation Rose, Cypress Capital Management Has Raised Position by $958,624; Kraton (KRA) Shareholder Lumbard & Kellner Trimmed Stake by $308,000

January 14, 2018 - By Peter Kolinski

Lumbard & Kellner Llc decreased its stake in Kraton Corporation (KRA) by 5.65% based on its latest 2017Q3 regulatory filing with the SEC. Lumbard & Kellner Llc sold 7,700 shares as the company’s stock rose 27.98% with the market. The institutional investor held 128,483 shares of the basic industries company at the end of 2017Q3, valued at $5.20 million, down from 136,183 at the end of the previous reported quarter. Lumbard & Kellner Llc who had been investing in Kraton Corporation for a number of months, seems to be less bullish one the $1.62 billion market cap company. The stock decreased 2.18% or $1.15 during the last trading session, reaching $51.59. About 191,176 shares traded. Kraton Corporation (NYSE:KRA) has risen 32.40% since January 14, 2017 and is uptrending. It has outperformed by 15.70% the S&P500.

Cypress Capital Management Llc increased its stake in United Technologies Corp (UTX) by 10.7% based on its latest 2017Q3 regulatory filing with the SEC. Cypress Capital Management Llc bought 8,264 shares as the company’s stock rose 8.03% with the market. The institutional investor held 85,476 shares of the aerospace company at the end of 2017Q3, valued at $9.92M, up from 77,212 at the end of the previous reported quarter. Cypress Capital Management Llc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $109.07B market cap company. The stock increased 1.18% or $1.59 during the last trading session, reaching $136.58. About 5.21M shares traded or 67.82% up from the average. United Technologies Corporation (NYSE:UTX) has risen 22.99% since January 14, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. United Technologies Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, January 28 report. The stock of United Technologies Corporation (NYSE:UTX) has “Neutral” rating given on Monday, May 2 by Goldman Sachs. The firm earned “Buy” rating on Thursday, September 10 by Citigroup. The firm earned “Outperform” rating on Monday, December 19 by Credit Suisse. The firm has “Buy” rating by Jefferies given on Monday, August 28. Numis Securities upgraded United Technologies Corporation (NYSE:UTX) on Tuesday, October 6 to “Buy” rating. RBC Capital Markets maintained the shares of UTX in report on Friday, August 11 with “Hold” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, August 10 report. The stock has “Hold” rating by Cowen & Co on Tuesday, October 10. Stifel Nicolaus maintained the shares of UTX in report on Friday, January 27 with “Hold” rating.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.10, from 0.95 in 2017Q2. It improved, as 63 investors sold UTX shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. Private Asset Management Inc owns 10,588 shares or 1.71% of their US portfolio. Lvw Ltd Com reported 2,127 shares. Reliance Trust Of Delaware has 0.68% invested in United Technologies Corporation (NYSE:UTX) for 38,757 shares. Missouri-based Signalpoint Asset Llc has invested 0.15% in United Technologies Corporation (NYSE:UTX). Pacific Alternative Asset Lc has 0.24% invested in United Technologies Corporation (NYSE:UTX) for 18,753 shares. Pathstone Family Office Limited Liability invested in 694 shares or 0.07% of the stock. Headinvest Limited Company reported 13,409 shares or 0.5% of all its holdings. Renaissance Group Lc accumulated 0.03% or 7,664 shares. Comerica Securities holds 0.33% of its portfolio in United Technologies Corporation (NYSE:UTX) for 20,292 shares. Wellington Shields Co Ltd Liability Corp holds 0.19% of its portfolio in United Technologies Corporation (NYSE:UTX) for 4,885 shares. Jfs Wealth Ltd Liability Corporation has invested 0.05% in United Technologies Corporation (NYSE:UTX). Conning holds 1.03% of its portfolio in United Technologies Corporation (NYSE:UTX) for 261,794 shares. Foyston Gordon And Payne Inc stated it has 3.39% of its portfolio in United Technologies Corporation (NYSE:UTX). Moreover, Yhb Investment Advisors has 1.79% invested in United Technologies Corporation (NYSE:UTX). Columbia Asset Mngmt holds 11,125 shares.

Since December 13, 2017, it had 0 insider buys, and 3 selling transactions for $734,561 activity. Bailey Robert J. sold 864 shares worth $108,873.

Among 4 analysts covering Kraton Performance Polymers (NYSE:KRA), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Kraton Performance Polymers had 6 analyst reports since October 27, 2015 according to SRatingsIntel. SunTrust maintained it with “Buy” rating and $60.0 target in Thursday, October 26 report. The stock of Kraton Corporation (NYSE:KRA) earned “Hold” rating by KeyBanc Capital Markets on Friday, September 1. The stock of Kraton Corporation (NYSE:KRA) has “Buy” rating given on Wednesday, October 11 by SunTrust. UBS maintained it with “Sell” rating and $30 target in Wednesday, October 25 report. The stock has “Sell” rating by UBS on Tuesday, October 27.

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.12, from 1.13 in 2017Q2. It increased, as 14 investors sold KRA shares while 46 reduced holdings. 23 funds opened positions while 52 raised stakes. 28.89 million shares or 2.16% less from 29.53 million shares in 2017Q2 were reported. 256,500 are held by Lapides Asset Mgmt. Frontier Cap Management Lc holds 2.97 million shares or 0.87% of its portfolio. Ameriprise Financial Incorporated reported 0.01% stake. Rhumbline Advisers holds 0.01% or 62,363 shares. Barclays Plc invested in 0% or 29,506 shares. Morgan Stanley stated it has 156,342 shares or 0% of all its holdings. Legal And General Plc, a United Kingdom-based fund reported 58,911 shares. Broadview Advisors Limited Liability Com reported 306,820 shares or 1.81% of all its holdings. State Board Of Administration Of Florida Retirement Sys invested in 0% or 30,607 shares. Mutual Of America Cap Limited Liability Corp stated it has 0.11% in Kraton Corporation (NYSE:KRA). Moreover, Millennium Mgmt Ltd Liability Corporation has 0.03% invested in Kraton Corporation (NYSE:KRA) for 437,274 shares. First Mercantile Tru has invested 0.08% in Kraton Corporation (NYSE:KRA). Cipher Cap LP has invested 0.22% in Kraton Corporation (NYSE:KRA). Ameritas Partners holds 0% in Kraton Corporation (NYSE:KRA) or 2,418 shares. Lumbard And Kellner Limited Company has invested 2.83% in Kraton Corporation (NYSE:KRA).

Analysts await Kraton Corporation (NYSE:KRA) to report earnings on February, 26. They expect $0.79 EPS, up 172.41% or $0.50 from last year’s $0.29 per share. KRA’s profit will be $24.73M for 16.33 P/E if the $0.79 EPS becomes a reality. After $1.51 actual EPS reported by Kraton Corporation for the previous quarter, Wall Street now forecasts -47.68% negative EPS growth.

Since September 29, 2017, it had 0 insider buys, and 3 insider sales for $1.22 million activity. Fogarty Kevin Michael had sold 1,042 shares worth $52,100 on Monday, December 18. On Friday, October 27 the insider Simmons James Leo sold $329,360.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>