O Brien Greene & Co. Inc Buys 2,000 Shares of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT)

O Brien Greene & Co. Inc raised its holdings in shares of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the oil and gas company’s stock after purchasing an additional 2,000 shares during the period. O Brien Greene & Co. Inc’s holdings in Calumet Specialty Products Partners were worth $894,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Advisor Resource Council purchased a new stake in shares of Calumet Specialty Products Partners in the 4th quarter worth approximately $216,000. AE Wealth Management LLC purchased a new stake in shares of Calumet Specialty Products Partners in the 3rd quarter worth approximately $279,000. J.W. Cole Advisors Inc. grew its stake in shares of Calumet Specialty Products Partners by 23.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 19,750 shares of the oil and gas company’s stock worth $353,000 after buying an additional 3,750 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Calumet Specialty Products Partners by 34.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 19,831 shares of the oil and gas company’s stock worth $379,000 after buying an additional 5,100 shares during the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Calumet Specialty Products Partners in the 4th quarter worth approximately $393,000. Institutional investors own 34.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. HC Wainwright restated a “buy” rating and issued a $25.00 price target on shares of Calumet Specialty Products Partners in a research note on Monday, April 22nd. The Goldman Sachs Group decreased their price target on Calumet Specialty Products Partners from $19.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday, March 21st. Finally, StockNews.com assumed coverage on Calumet Specialty Products Partners in a research note on Monday, April 22nd. They issued a “hold” rating for the company.

Calumet Specialty Products Partners Stock Performance

Calumet Specialty Products Partners stock opened at $15.52 on Friday. The stock has a market cap of $1.25 billion, a PE ratio of 19.65 and a beta of 1.76. Calumet Specialty Products Partners, L.P. has a one year low of $11.91 and a one year high of $19.91. The stock has a fifty day moving average of $15.31 and a 200 day moving average of $15.94.

Calumet Specialty Products Partners (NASDAQ:CLMT) last posted its quarterly earnings data on Friday, February 23rd. The oil and gas company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.40). The company had revenue of $976.50 million during the quarter, compared to the consensus estimate of $856.71 million. The business’s revenue was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.21) EPS. As a group, sell-side analysts predict that Calumet Specialty Products Partners, L.P. will post -0.86 EPS for the current fiscal year.

About Calumet Specialty Products Partners

Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Performance brands; Montana/Renewables; and Corporate segments.