Kraton Performance Polymers Inc (KRA) : Campbell Co Investment Adviser added new position in Kraton Performance Polymers Inc during the most recent quarter end. The investment management firm now holds 20,054 shares of Kraton Performance Polymers Inc which is valued at $517,193 , the company said in a statement filed on May 2, 2016 with the SEC.Kraton Performance Polymers Inc makes up approximately 1.88% of Campbell Co Investment Adviser’s portfolio.
Kraton Performance Polymers Inc opened for trading at $25.2 and hit $25.94 on the upside on Friday, eventually ending the session at $25.79, with a gain of 2.10% or 0.53 points. The heightened volatility saw the trading volume jump to 5,63,439 shares. Company has a market cap of $795 M.
Other Hedge Funds, Including , Capital Fund Management S.a. added KRA to its portfolio by purchasing 12,900 company shares during the most recent quarter which is valued at $332,691. Kraton Performance Polymers Inc makes up approx 0.01% of Capital Fund Management S.a.’s portfolio. Nisa Investment Advisors L.l.c. added KRA to its portfolio by purchasing 900 company shares during the most recent quarter which is valued at $20,439. Northpointe Capital added KRA to its portfolio by purchasing 164,023 company shares during the most recent quarter which is valued at $3,724,962. Kraton Performance Polymers Inc makes up approx 0.45% of Northpointe Capital’s portfolio. Huntington National Bank sold out all of its stake in KRA during the most recent quarter. The investment firm sold 973 shares of KRA which is valued $22,097. Strs Ohio sold out all of its stake in KRA during the most recent quarter. The investment firm sold 40,200 shares of KRA which is valued $888,018.
On the company’s financial health, Kraton Performance Polymers Inc reported $0.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.25 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.55. The company had revenue of $419.92 million for the quarter, compared to analysts expectations of $463.13 million. The company’s revenue was up 60.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.
Kraton Performance Polymers Inc. is a producer of styrenic block copolymers (SBCs) and other engineered polymers. The Company’s products are found in many everyday applications including personal care products such as disposable diapers and the rubberized grips of toothbrushes razor blades and power tools. Its products are also used to impart tack and shear properties in a wide variety of adhesive products and to impart characteristics such as flexibility and durability in sealants and corrosion resistance in coatings. It also produces Cariflex isoprene rubber and isoprene rubber latex. Its Cariflex products are used in applications such as surgical gloves and condoms. It manufactures its polymers at five manufacturing facilities globally including its flagship facility in Belpre Ohio as well as facilities in Germany France Brazil and Japan. The facility in Japan is operated by an unconsolidated manufacturing joint venture.