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

August 13, 2018 - By Mary Kidd

Kaman Corporation (NYSE:KAMN) LogoInvestors sentiment increased to 1.31 in 2018 Q1. Its up 0.28, from 1.03 in 2017Q4. It improved, 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. 69,865 are held by Rhumbline Advisers. Northern Tru holds 0.01% in Kaman Corporation (NYSE:KAMN) or 527,450 shares. Deutsche Bancorp Ag owns 37,295 shares. Bnp Paribas Arbitrage holds 0% or 30,473 shares in its portfolio. Weik Mngmt holds 0.21% or 7,000 shares. Parallax Volatility Advisers L P invested 0% in Kaman Corporation (NYSE:KAMN). Trexquant Inv L P holds 9,849 shares or 0.04% of its portfolio. Suntrust Banks Inc owns 14,037 shares for 0.01% of their portfolio. Advisory Net Ltd Liability Com holds 90 shares or 0% of its portfolio. Stone Ridge Asset Mgmt Ltd Limited Liability Company accumulated 19,410 shares. Moreover, Mason Street Advsrs Limited Com has 0.01% invested in Kaman Corporation (NYSE:KAMN) for 7,710 shares. Voya Investment Mngmt Ltd Liability, Georgia-based fund reported 12,912 shares. Sg Americas Ltd Liability Corp owns 3,232 shares. Westwood Holdings Group Inc Inc holds 0.23% or 447,034 shares in its portfolio. Louisiana State Employees Retirement has invested 0.03% of its portfolio in Kaman Corporation (NYSE:KAMN).

Since March 5, 2018, it had 2 insider buys, and 6 insider sales for $2.32 million activity. Shares for $361,850 were sold by GOODRICH PHILIP A on Wednesday, May 30. $602,513 worth of Kaman Corporation (NYSE:KAMN) was sold by RABAUT THOMAS W. Higgins Andrew William sold $454,218 worth of Kaman Corporation (NYSE:KAMN) on Tuesday, May 22. 1,000 shares valued at $69,436 were bought by Starr Robert D. on Friday, May 11. 2,500 Kaman Corporation (NYSE:KAMN) shares with value of $180,000 were sold by SWIFT RICHARD J. $794,333 worth of Kaman Corporation (NYSE:KAMN) shares were sold by Tedone John J.

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 3.32M 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 $1.82B 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 $14.65B US Long portfolio, upped its stake in Enpro Inds Inc Com (NYSE:NPO) by 421,102 shares to 882,202 shares, valued at $61.71M in 2018Q2, according to the filing. It also increased its holding in A T & T Inc (New) (NYSE:T) by 1.41M shares in the quarter, for a total of 2.61 million shares, and has risen its stake in Kraft Heinz Co/The ().

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. The rating was downgraded by Northcoast to “Hold” on Thursday, March 15.

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

Kaman Corporation (NYSE:KAMN) Institutional Positions Chart

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