Gamco Investors Inc Et Al Decreased Kaman Corp (NYSE:KAMN) Stake By $15.59 Million

August 13, 2018 - By Tamara Reed

Kaman Corporation (NYSE:KAMN) LogoInvestors sentiment increased to 1.31 in Q1 2018. Its up 0.28, from 1.03 in 2017Q4. It is positive, as 13 investors sold KAMN shares while 46 reduced holdings. 21 funds opened positions while 56 raised stakes. 24.60 million shares or 2.49% less from 25.22 million shares in 2017Q4 were reported. 47,180 are held by Prudential. Rhumbline Advisers accumulated 0.01% or 69,865 shares. Federated Invsts Pa stated it has 0% of its portfolio in Kaman Corporation (NYSE:KAMN). Sg Americas Secs Ltd Liability, New York-based fund reported 3,232 shares. Alliancebernstein Ltd Partnership invested 0% in Kaman Corporation (NYSE:KAMN). Schwab Charles Inv Mngmt holds 219,140 shares. Ameritas Invest reported 2,318 shares. Cibc Asset Mngmt owns 0% invested in Kaman Corporation (NYSE:KAMN) for 3,486 shares. Atlantic Trust Gp Lc, Georgia-based fund reported 50 shares. State Board Of Administration Of Florida Retirement Systems owns 27,252 shares for 0% of their portfolio. Quantbot L P invested 0.01% of its portfolio in Kaman Corporation (NYSE:KAMN). 167,939 are owned by Levin Strategies Lp. Ubs Asset Americas reported 0% in Kaman Corporation (NYSE:KAMN). Sei has 3,232 shares for 0% of their portfolio. Credit Suisse Ag invested in 60,012 shares or 0% of the stock.

Since March 5, 2018, it had 2 insider purchases, and 6 sales for $2.32 million activity. $69,436 worth of Kaman Corporation (NYSE:KAMN) shares were bought by Starr Robert D.. 5,000 shares were sold by GOODRICH PHILIP A, worth $361,850 on Wednesday, May 30. SWIFT RICHARD J also sold $180,000 worth of Kaman Corporation (NYSE:KAMN) on Wednesday, May 30. On Monday, May 14 CALLAWAY E REEVES III sold $137,319 worth of Kaman Corporation (NYSE:KAMN) or 1,973 shares. RABAUT THOMAS W also sold $602,513 worth of Kaman Corporation (NYSE:KAMN) shares. 6,173 shares valued at $454,218 were sold by Higgins Andrew William on Tuesday, May 22.

Gamco Investors Inc Et Al decreased its stake in Kaman Corp (NYSE:KAMN) by 6.8% based on its latest 2018Q2 regulatory filing with the SEC. Gamco Investors Inc Et Al sold 225,908 shares as the company’s stock rose 14.53% while stock markets declined. The hedge fund held 3.10M shares of the industrial specialties company at the end of 2018Q2, valued at $215.92 million, down from 3.32 million at the end of the previous reported quarter. Gamco Investors Inc Et Al who had been investing in Kaman Corp for a number of months, seems to be less bullish one the $1.82 billion market cap company. The stock decreased 1.00% or $0.66 during the last trading session, reaching $65.12. About 214,675 shares traded or 13.39% up from the average. Kaman Corporation (NYSE:KAMN) has risen 50.22% since August 13, 2017 and is uptrending. It has outperformed by 37.65% the S&P500.

Gamco Investors Inc Et Al, which manages about $14.65 billion US Long portfolio, upped its stake in Circor Intl Inc Com (NYSE:CIR) by 300,570 shares to 1.77M shares, valued at $65.25M in 2018Q2, according to the filing. It also increased its holding in Gcp Applied Technologies Incco () by 544,652 shares in the quarter, for a total of 2.04 million shares, and has risen its stake in Enpro Inds Inc Com (NYSE:NPO).

Wealthy, Mario Gabelli’s benefit administrator GAMCO Investors has beaten the S&P 500 by more than 2% every year since 1986. Named Morningstar’s Fund Manager of the Year in 1997 and then Institutional Investor’s Money Manager of the Year in 2010, Mario Gabelli is one speculator who has begun value investing Graham and Dodd and included his own long-standing guidance. In Mario Gabelli’s case, it is the knowledge that a financial specialist can approach an open organization from the viewpoint of an acquirer; a few organizations may be worth more in the private business than as traded on an open market. A valuation that looks reasonable in business may be extremely alluring from a purchaser’s point of view. This for the most part results in an emphasis on income instead of profit. In the 1980s- the utilized buyout fever this was an especially lucrative venture method.

Kaman Corporation (NYSE:KAMN) Ratings Coverage

Among 2 analysts covering Kaman (NYSE:KAMN), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Kaman had 2 analyst reports since March 15, 2018 according to SRatingsIntel. Northcoast downgraded the shares of KAMN in report on Thursday, March 15 to “Hold” rating.

Kaman Corporation operates in the aerospace and distribution markets. The company has market cap of $1.82 billion. It operates through two divisions, Distribution and Aerospace. It has a 32 P/E ratio. The Distribution segment distributes electro-mechanical products; bearings; and power transmission, motion control, and electrical and fluid power components, as well as offers value-added services.

More news for Kaman Corporation (NYSE:KAMN) were recently published by: Businesswire.com, which released: “Kaman Board of Directors Declares Dividend” on August 07, 2018. Streetinsider.com‘s article titled: “Kaman (KAMN) Misses Q2 EPS by 8c” and published on August 09, 2018 is yet another important article.

Kaman Corporation (NYSE:KAMN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.