Kraton Performance Polymers Inc (NYSE:KRA).
Eagle Boston Investment Management Inc reports that it increased its investment in Kraton Performance Polymers Inc shares by 2,855 shares as of the end of the last quarter. Its stake was worth $10,216,000 an increase of 22.7% according to the filing.
Here are some institutional investors who have increased or decreased their stake in (KRA). Ubs Asset Management Americas Inc trimmed its position by selling 6,096 shares a decrease of 95.3%. Ubs Asset Management Americas Inc now controls 303 shares with a value of $12,253,000. The value of the position overall is down by 94.4%. Lsv Asset Management downsized its holdings by shedding 3,300 shares a decrease of 0.8% in the quarter. Lsv Asset Management owns 417,287 shares worth $16,875,000. The total value of its holdings increased 16.5%.
As of quarter end Dimensional Fund Advisors Lp had bought a total of 13,374 shares growing its stake by 0.5%. The value of the investment in Kraton Performance Polymers Inc went from $90,172,000 to $106,419,000 a change of $16,247,000 quarter to quarter.
October 11 investment analysts at SunTrust Banks made no change to the stock rating of “Buy” projecting a price of $55.00. Equity analyst Loop Capital released research on KRA with an initial rating of “Buy”.
On September 1, 2017 KeyCorp reiterated a “Hold” rating on the stock.
The company is so far trading down since yesterday’s close of 48.37. Kraton Performance Polymers Inc currently has a P/E ratio of 61.96 and market capitalization is 1.49B. As of the latest earnings report the EPS was $0.77 with 31.30M shares outstanding.
Traders are more bullish on shares of the company lately if you evaluate the fall in short interest. The firm saw a fall in short interest of -6.64% as of the latest report on October 13, 2017. Short interest fell from 746,783 to 697,174 over that period. Days to cover decreased from 2.0 to 2.0 and the short interest percentage is 0.02% as of October 13.