Calumet Specialty Products Partners, L.P (CLMT) Reaches $4.22 After 9.00% Down Move; Sentinel Asset Management Has Upped Patterson Companies (PDCO) Position

June 19, 2017 - By marketbeat

Sentinel Asset Management Inc increased Patterson Companies Inc. (PDCO) stake by 8.37% reported in 2016Q4 SEC filing. Sentinel Asset Management Inc acquired 19,425 shares as Patterson Companies Inc. (PDCO)’s stock declined 2.93%. The Sentinel Asset Management Inc holds 251,478 shares with $10.32M value, up from 232,053 last quarter. Patterson Companies Inc. now has $4.59 billion valuation. The stock rose 0.70% or $0.33 reaching $47.21 per share. About 341,796 shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 4.97% since June 19, 2016 and is downtrending. It has underperformed by 21.67% the S&P500.

The stock of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) is a huge mover today! About 57,632 shares traded. Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) has risen 20.88% since June 19, 2016 and is uptrending. It has outperformed by 4.18% the S&P500.The move comes after 5 months negative chart setup for the $331.74 million company. It was reported on Jun, 19 by Barchart.com. We have $3.84 PT which if reached, will make NASDAQ:CLMT worth $29.86 million less.

Sentinel Asset Management Inc decreased Johnson Controls Inc. Plc stake by 58,159 shares to 654,986 valued at $26.98M in 2016Q4. It also reduced Magellan Health Inc. (NASDAQ:MGLN) stake by 107,656 shares and now owns 163,571 shares. Genesee & Wyoming Inc. (NYSE:GWR) was reduced too.

Investors sentiment decreased to 1.13 in Q4 2016. Its down 0.06, from 1.19 in 2016Q3. It dropped, as 45 investors sold PDCO shares while 111 reduced holdings. 54 funds opened positions while 122 raised stakes. 83.45 million shares or 7.24% more from 77.81 million shares in 2016Q3 were reported. Grt Capital Ptnrs Limited Liability Corp invested in 7,497 shares or 0.09% of the stock. 132,900 were accumulated by Andra Ap. Dorsey And Whitney Trust Company Limited Liability accumulated 72,724 shares or 0.68% of the stock. Fmr Ltd Liability Corporation holds 0.01% or 1.49 million shares in its portfolio. Dean Inv Assocs Limited Co has 13,344 shares. Comml Bank Of America De stated it has 0.01% in Patterson Companies, Inc. (NASDAQ:PDCO). Teton stated it has 29,263 shares. Mackenzie Finance Corporation holds 0.1% or 395,577 shares. The New Jersey-based Bessemer Grp has invested 0% in Patterson Companies, Inc. (NASDAQ:PDCO). Prudential holds 121,550 shares or 0.01% of its portfolio. Amica Mutual holds 0.02% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 4,238 shares. Ims Mgmt has invested 1.67% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO). Mai Mngmt owns 7,547 shares for 0.02% of their portfolio. Dekabank Deutsche Girozentrale has invested 0.02% in Patterson Companies, Inc. (NASDAQ:PDCO). M&R Capital Management Inc has 300 shares for 0% of their portfolio.

Among 7 analysts covering Patterson Companies Inc. (NASDAQ:PDCO), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Patterson Companies Inc. had 10 analyst reports since August 28, 2015 according to SRatingsIntel. UBS initiated Patterson Companies, Inc. (NASDAQ:PDCO) on Thursday, October 6 with “Neutral” rating. The firm has “Neutral” rating by Robert W. Baird given on Friday, August 26. The rating was downgraded by Evercore to “Hold” on Friday, May 27. As per Tuesday, January 3, the company rating was upgraded by Robert W. Baird. The stock has “Buy” rating by Evercore on Wednesday, January 6. The firm has “Market Perform” rating by William Blair given on Friday, August 28. The company was upgraded on Friday, August 28 by Piper Jaffray. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) earned “Underperform” rating by Bank of America on Wednesday, August 24.

Since March 1, 2017, it had 0 buys, and 7 sales for $1.79 million activity. 10,000 shares were sold by WILTZ JAMES W, worth $456,517. The insider GUGINO ANN B sold $32,873. The insider RUDNICK ELLEN A sold $137,100. On Wednesday, June 14 Anderson Scott P sold $467,600 worth of Patterson Companies, Inc. (NASDAQ:PDCO) or 10,000 shares. MISIAK DAVID G sold $13,717 worth of stock or 301 shares.

Since February 28, 2017, it had 2 insider buys, and 0 selling transactions for $92,822 activity. 20,000 shares were bought by Go Timothy, worth $78,800 on Tuesday, February 28. The insider Mawer Stephen P bought $14,022.

Investors sentiment decreased to 1.03 in Q4 2016. Its down 0.19, from 1.22 in 2016Q3. It dropped, as 17 investors sold Calumet Specialty Products Partners, L.P shares while 16 reduced holdings. 8 funds opened positions while 26 raised stakes. 8.38 million shares or 25.58% more from 6.67 million shares in 2016Q3 were reported. Creative Planning holds 45,806 shares. Oakwood Cap Mgmt Ca, a California-based fund reported 28,100 shares. Lincoln Corporation accumulated 0% or 13,534 shares. Jane Street Group Inc Ltd invested in 20,117 shares. Kcg Holding reported 53,127 shares. 413,480 were reported by Bankshares Of America De. Moreover, Berson Corrado Investment Advsrs has 0.47% invested in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) for 188,345 shares. Credit Suisse Ag, Switzerland-based fund reported 89,663 shares. 25,000 are owned by Pnc Group Inc. 134,369 are owned by Susquehanna Llp. Moreover, Manufacturers Life Insurance The has 0% invested in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) for 2,927 shares. California Pub Employees Retirement Systems holds 115,800 shares. Next Fincl Gp reported 722 shares or 0% of all its holdings. Jefferies Group Llc holds 117,362 shares. Exane Derivatives has invested 0% in Calumet Specialty Products Partners, L.P (NASDAQ:CLMT).

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