Virtu Financial LLC Purchases Shares of 23,084 Calumet Specialty Products Partners, L.P (CLMT)

Virtu Financial LLC purchased a new stake in shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 23,084 shares of the oil and gas company’s stock, valued at approximately $178,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in Calumet Specialty Products Partners, L.P during the fourth quarter valued at about $130,000. Jane Street Group LLC bought a new position in Calumet Specialty Products Partners, L.P during the third quarter valued at about $145,000. SeaCrest Wealth Management LLC bought a new position in Calumet Specialty Products Partners, L.P during the fourth quarter valued at about $179,000. Bank of New York Mellon Corp bought a new position in Calumet Specialty Products Partners, L.P during the third quarter valued at about $284,000. Finally, Barnett & Company Inc. increased its stake in Calumet Specialty Products Partners, L.P by 53.2% during the third quarter. Barnett & Company Inc. now owns 103,900 shares of the oil and gas company’s stock valued at $868,000 after acquiring an additional 36,100 shares during the period. Hedge funds and other institutional investors own 14.55% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of CLMT stock opened at $6.90 on Friday. The company has a debt-to-equity ratio of 10.67, a quick ratio of 0.83 and a current ratio of 1.36. The firm has a market capitalization of $537.52, a P/E ratio of -6.39 and a beta of 1.20. Calumet Specialty Products Partners, L.P has a 1-year low of $3.40 and a 1-year high of $9.95.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last released its quarterly earnings data on Thursday, December 28th. The oil and gas company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.55). The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1 billion. Calumet Specialty Products Partners, L.P had a negative net margin of 2.14% and a negative return on equity of 25.91%. equities research analysts predict that Calumet Specialty Products Partners, L.P will post -0.57 EPS for the current fiscal year.

Several equities analysts recently issued reports on the company. ValuEngine lowered Calumet Specialty Products Partners, L.P from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. Zacks Investment Research upgraded Calumet Specialty Products Partners, L.P from a “hold” rating to a “buy” rating and set a $8.75 price target on the stock in a research note on Friday, March 9th. Finally, BidaskClub upgraded Calumet Specialty Products Partners, L.P from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Calumet Specialty Products Partners, L.P currently has a consensus rating of “Hold” and a consensus price target of $6.63.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3296321/virtu-financial-llc-purchases-shares-of-23084-calumet-specialty-products-partners-l-p-clmt.html.

Calumet Specialty Products Partners, L.P Profile

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products in North America. The Company operates through three segments: specialty products, fuel products and oilfield services. 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.

Want to see what other hedge funds are holding CLMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Calumet Specialty Products Partners, L.P (NASDAQ:CLMT).

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

Receive News & Ratings for Calumet Specialty Products Partners L.P Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calumet Specialty Products Partners L.P and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Tidex Token  Reaches 1-Day Volume of $64,393.00
Tidex Token Reaches 1-Day Volume of $64,393.00
Talend  Upgraded to “Strong-Buy” at BidaskClub
Talend Upgraded to “Strong-Buy” at BidaskClub
Somewhat Positive News Coverage Somewhat Unlikely to Impact Oxford Industries  Share Price
Somewhat Positive News Coverage Somewhat Unlikely to Impact Oxford Industries Share Price
Tennant  Earning Somewhat Favorable Media Coverage, Study Shows
Tennant Earning Somewhat Favorable Media Coverage, Study Shows
Standex International  Earns Coverage Optimism Score of 0.03
Standex International Earns Coverage Optimism Score of 0.03
Tesla  PT Lowered to $376.00
Tesla PT Lowered to $376.00


© 2006-2018 Ticker Report. Google+.