Brant Point Investment Management Raised Its Kemet (KEM) Position; Ingredion (INGR) Shorts Increased By 5.75%

November 19, 2017 - By Marguerite Chambers

Brant Point Investment Management Llc increased Kemet Corp (KEM) stake by 99.35% reported in 2017Q2 SEC filing. Brant Point Investment Management Llc acquired 221,000 shares as Kemet Corp (KEM)’s stock rose 64.39%. The Brant Point Investment Management Llc holds 443,454 shares with $5.68M value, up from 222,454 last quarter. Kemet Corp now has $884.06M valuation. The stock decreased 1.94% or $0.31 on November 17, reaching $15.68. About 1.46M shares traded. KEMET Corporation (NYSE:KEM) has risen 468.67% since November 19, 2016 and is uptrending. It has outperformed by 451.97% the S&P500.

Ingredion (NYSE:INGR) had an increase of 5.75% in short interest. INGR’s SI was 1.27M shares in November as released by FINRA. Its up 5.75% from 1.20 million shares previously. With 248,500 avg volume, 5 days are for Ingredion (NYSE:INGR)’s short sellers to cover INGR’s short positions. The SI to Ingredion’s float is 1.78%. The stock increased 0.66% or $0.88 on November 17, reaching $133.79. About 356,131 shares traded. Ingredion Inc (NYSE:INGR) has declined 2.30% since November 19, 2016 and is downtrending. It has underperformed by 19.00% the S&P500.

Brant Point Investment Management Llc decreased Jack In The Box Inc (NASDAQ:JACK) stake by 5,000 shares to 106,000 valued at $10.44M in 2017Q2. It also reduced Cdw Corp (NASDAQ:CDW) stake by 10,000 shares and now owns 69,965 shares. Symantec Corp (Call) (NASDAQ:SYMC) was reduced too.

Among 2 analysts covering Kemet (NYSE:KEM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Kemet had 5 analyst reports since May 23, 2016 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, October 4. Stifel Nicolaus maintained the stock with “Hold” rating in Sunday, September 10 report. B. Riley & Co initiated KEMET Corporation (NYSE:KEM) on Monday, May 23 with “Buy” rating. As per Sunday, August 6, the company rating was maintained by Stifel Nicolaus.

Investors sentiment increased to 2.29 in Q2 2017. Its up 0.38, from 1.91 in 2017Q1. It improved, as 15 investors sold KEM shares while 23 reduced holdings. 50 funds opened positions while 37 raised stakes. 30.66 million shares or 20.56% more from 25.43 million shares in 2017Q1 were reported. Mngmt Corp Va has invested 0.22% in KEMET Corporation (NYSE:KEM). Gotham Asset Llc holds 0.01% or 66,727 shares in its portfolio. Creative Planning accumulated 1,899 shares. 4.25 million were reported by Blackrock. Ahl Prtnrs Llp, United Kingdom-based fund reported 29,464 shares. Raymond James And, Florida-based fund reported 12,038 shares. Metropolitan Life Ins has 0% invested in KEMET Corporation (NYSE:KEM). Nokomis Ltd Liability Corp reported 1.52M shares. Hillsdale Inv Mngmt has invested 0.17% in KEMET Corporation (NYSE:KEM). Credit Suisse Ag has invested 0% in KEMET Corporation (NYSE:KEM). Dimensional Fund Advsrs Ltd Partnership reported 3.01 million shares or 0.02% of all its holdings. Petrus Trust Company Lta stated it has 36,276 shares or 0.11% of all its holdings. 106,645 were accumulated by Wellington Mngmt Gru Llp. Schwab Charles Investment Incorporated reported 0% stake. Bridgeway Capital Management invested 0.03% of its portfolio in KEMET Corporation (NYSE:KEM).

Investors sentiment increased to 0.95 in Q2 2017. Its up 0.06, from 0.89 in 2017Q1. It improved, as 32 investors sold Ingredion Inc shares while 161 reduced holdings. 42 funds opened positions while 142 raised stakes. 59.36 million shares or 0.37% less from 59.58 million shares in 2017Q1 were reported. Ls Limited Liability Corporation invested in 7,305 shares. Andra Ap has 0.12% invested in Ingredion Inc (NYSE:INGR). 6,258 were accumulated by Boston Private Wealth Ltd Llc. Nelson Roberts Advsrs Limited Com reported 40 shares. Fdx Advisors invested 0.06% in Ingredion Inc (NYSE:INGR). 3,199 were reported by Bnp Paribas Asset Mgmt Holdings Sa. Sg Americas Securities Lc accumulated 23,660 shares. Weaver C Barksdale & Associates, Tennessee-based fund reported 266 shares. National Bank & Trust stated it has 0.04% in Ingredion Inc (NYSE:INGR). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management Corp owns 2,700 shares or 0% of their US portfolio. Rothschild Asset Mgmt holds 0.11% or 82,589 shares in its portfolio. Boston Advisors owns 4,118 shares for 0.01% of their portfolio. Geode Management Limited Co reported 0.03% of its portfolio in Ingredion Inc (NYSE:INGR). Advisory Services Networks Limited Liability Company holds 0% or 234 shares in its portfolio. Teachers Retirement Of The State Of Kentucky stated it has 14,570 shares.