Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) Director Stephen P. Mawer acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, November 9th. The shares were bought at an average price of $3.65 per share, for a total transaction of $14,600.00. Following the completion of the transaction, the director now owns 17,500 shares of the company’s stock, valued at $63,875. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) opened at 4.00 on Monday. The firm’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. Calumet Specialty Products Partners, L.P has a 12 month low of $2.79 and a 12 month high of $26.75.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last issued its earnings results on Thursday, November 3rd. The company reported ($0.42) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by $0.32. The firm earned $966 million during the quarter, compared to analyst estimates of $898.98 million. Analysts predict that Calumet Specialty Products Partners, L.P will post ($3.40) earnings per share for the current year.

Insider Buying and Selling by Quarter for Calumet Specialty Products Partners, L.P (NASDAQ:CLMT)

A number of equities research analysts have issued reports on CLMT shares. Zacks Investment Research upgraded Calumet Specialty Products Partners, L.P from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research report on Friday, October 14th. FBR & Co started coverage on Calumet Specialty Products Partners, L.P in a research report on Friday, September 9th. They set a “market perform” rating and a $6.00 price objective on the stock. DA Davidson restated a “neutral” rating on shares of Calumet Specialty Products Partners, L.P in a research report on Monday, September 19th. Finally, Credit Suisse Group AG upgraded Calumet Specialty Products Partners, L.P from an “underperform” rating to a “neutral” rating and set a $5.00 price objective on the stock in a research report on Friday, November 4th. Four equities research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $9.88.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Fifth Third Bancorp raised its stake in Calumet Specialty Products Partners, L.P by 2.5% in the second quarter. Fifth Third Bancorp now owns 31,050 shares of the company’s stock valued at $152,000 after buying an additional 750 shares during the last quarter. Van ECK Associates Corp raised its stake in Calumet Specialty Products Partners, L.P by 0.4% in the second quarter. Van ECK Associates Corp now owns 281,137 shares of the company’s stock valued at $1,378,000 after buying an additional 1,217 shares during the last quarter. Creative Planning raised its stake in Calumet Specialty Products Partners, L.P by 5.6% in the third quarter. Creative Planning now owns 35,856 shares of the company’s stock valued at $162,000 after buying an additional 1,900 shares during the last quarter. Commonwealth Equity Services Inc raised its stake in Calumet Specialty Products Partners, L.P by 11.7% in the second quarter. Commonwealth Equity Services Inc now owns 21,643 shares of the company’s stock valued at $106,000 after buying an additional 2,274 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in Calumet Specialty Products Partners, L.P by 19.8% in the second quarter. IFP Advisors Inc now owns 29,155 shares of the company’s stock valued at $143,000 after buying an additional 4,816 shares during the last quarter.

Calumet Specialty Products Partners, L.P Company Profile

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products. The Company operates through three segments. 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.

5 Day Chart for NASDAQ:CLMT

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