Private Asset Management Increased By $460,995 Its 3M Co (MMM) Position; Kraton (KRA) Shorts Increased By 6.57%

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Kraton Corporation (NYSE:KRA) had an increase of 6.57% in short interest. KRA’s SI was 717,300 shares in December as released by FINRA. Its up 6.57% from 673,100 shares previously. With 127,900 avg volume, 6 days are for Kraton Corporation (NYSE:KRA)’s short sellers to cover KRA’s short positions. The SI to Kraton Corporation’s float is 2.31%. The stock decreased 0.25% or $0.06 during the last trading session, reaching $24.33. About 390,977 shares traded or 58.73% up from the average. Kraton Corporation (NYSE:KRA) has risen 42.88% since December 7, 2017 and is uptrending. It has outperformed by 27.26% the S&P500. Some Historical KRA News: 05/04/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Kraton Corporation Shareholders and a Lead Plaintiff Deadline of April 27, 2018 (KRA); 12/03/2018 – KRATON REPORTS SUCCESSFUL CLOSING OF TERM LOAN REFINANCING; 25/04/2018 – KRATON CORP – QTRLY REVENUE $502.4 MLN VS $458.1 MLN; 25/04/2018 – Kraton 1Q Rev $502.4M; 26/04/2018 – KRATON CORP KRA.N : UBS RAISES TARGET PRICE TO $38 FROM $36; 08/03/2018 – Kraton Corporation Announces Successful Closing of Term Loan Refinancing; 21/05/2018 – KRATON REPORTS RESULTS OF CASH TENDER OFFER FOR ANY & ALL OF OU; 25/04/2018 – KRATON 1Q ADJ EPS 58C, EST. 61C; 08/03/2018 – KRATON: EURO TRANCHE PROCEEDS, CASH WERE USED TO PREPAY $185M; 25/04/2018 – KRATON CORP – QTRLY ADJ SHR $0.58

Private Asset Management Inc increased 3M Co (MMM) stake by 59.58% reported in 2018Q2 SEC filing. Private Asset Management Inc acquired 2,105 shares as 3M Co (MMM)’s stock rose 0.89%. The Private Asset Management Inc holds 5,638 shares with $1.24 million value, up from 3,533 last quarter. 3M Co now has $118.02B valuation. The stock increased 0.24% or $0.48 during the last trading session, reaching $202.68. About 2.99M shares traded or 15.90% up from the average. 3M Company (NYSE:MMM) has declined 1.40% since December 7, 2017 and is downtrending. It has underperformed by 17.02% the S&P500. Some Historical MMM News: 08/05/2018 – 3M CO SAYS EXPECTS FY 2018 GROSS SHARE REPURCHASES WILL BE IN THE RANGE OF $3.0 BLN TO $5.0 BLN – SEC FILING; 22/03/2018 – Global Adhesives and Sealants Market 2018: Industry Analysis & Outlook 2022 Featuring 3M, Henkel, Arkema and H.B. Fuller – ResearchAndMarkets.com; 05/03/2018 – BREAKING: 3M appoints Michael F. Roman as CEO,effective July 1. Current CEO Inge Thulin becomes executive chairman; 05/03/2018 – 3M names operating chief Michael Roman as next CEO; 23/04/2018 – Orthodontic Supplies Market to Hit 8.9% CAGR to 2023, Led by Align Technology, Inc. (US), 3M Company (US), and Danaher Corporation (US); 05/03/2018 – 3M NAMES INGE THULIN EXECUTIVE CHAIRMAN MICHAEL ROMAN CEO; 08/05/2018 – 3M Annual Meeting Highlights 2017 Achievements; 04/04/2018 – 3M Names Sarah Grauze Treasurer and Vice President, Finance; 05/03/2018 – 3M CO – MICHAEL F. ROMAN IS APPOINTED CHIEF EXECUTIVE OFFICER, EFFECTIVE JULY 1, 2018; 24/04/2018 – 3M CO – FOREIGN CURRENCY TRANSLATION IN QTR INCREASED SALES BY 4.2 PERCENT YEAR-ON-YEAR

Among 7 analysts covering 3M (NYSE:MMM), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. 3M had 13 analyst reports since July 12, 2018 according to SRatingsIntel. Deutsche Bank maintained 3M Company (NYSE:MMM) rating on Friday, September 28. Deutsche Bank has “Hold” rating and $220 target. The stock of 3M Company (NYSE:MMM) earned “Neutral” rating by UBS on Wednesday, October 24. The firm has “Hold” rating given on Thursday, July 12 by Deutsche Bank. Deutsche Bank maintained the stock with “Hold” rating in Friday, November 16 report. As per Wednesday, July 25, the company rating was maintained by Barclays Capital. The firm has “Buy” rating given on Wednesday, October 24 by Citigroup. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, October 24. The rating was maintained by UBS on Thursday, August 30 with “Neutral”. As per Wednesday, October 24, the company rating was maintained by Argus Research. The firm has “Underweight” rating by Barclays Capital given on Monday, November 19.

Investors sentiment increased to 1.03 in 2018 Q2. Its up 0.06, from 0.97 in 2018Q1. It is positive, as 73 investors sold MMM shares while 549 reduced holdings. 111 funds opened positions while 490 raised stakes. 374.25 million shares or 0.96% less from 377.88 million shares in 2018Q1 were reported. Stratos Wealth Prtnrs accumulated 18,302 shares. Dumont Blake Invest Advsr Limited Company reported 9,216 shares stake. Mitchell Sinkler And Starr Pa has 9,941 shares. Choate Advsr invested in 0.24% or 20,952 shares. Spinnaker invested 12.23% in 3M Company (NYSE:MMM). Aspen Investment reported 1,461 shares. Johnson Investment Counsel Inc, a Ohio-based fund reported 118,462 shares. Heritage Investors Corporation holds 0.67% of its portfolio in 3M Company (NYSE:MMM) for 55,418 shares. Kentucky Retirement Systems invested in 25,207 shares or 0.51% of the stock. 9,141 were accumulated by Boston Advsr Lc. Northrock Prns Limited Liability Co invested in 0.2% or 3,026 shares. Ibm Retirement Fund holds 11,941 shares or 0.49% of its portfolio. Howard Capital Management owns 6,520 shares or 0.18% of their US portfolio. Capital Fund Mgmt Sa holds 0.01% of its portfolio in 3M Company (NYSE:MMM) for 5,839 shares. Wedgewood Pa has invested 1.94% in 3M Company (NYSE:MMM).

More notable recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “3M CEO sets five-year financial targets – Seeking Alpha” on November 15, 2018, also Seekingalpha.com with their article: “3M: Optimistic, But A Few Caveats – Seeking Alpha” published on November 11, 2018, Seekingalpha.com published: “As Expected, Evolution, Not Revolution, From 3M – Seeking Alpha” on November 20, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M Company (MMM) CEO Michael Roman Presents at Credit Suisse 6th Annual Industrials Conference (Transcript) – Seeking Alpha” published on November 28, 2018 as well as Bizjournals.com‘s news article titled: “3M’s new products must meet sustainability goals, company says – Minneapolis / St. Paul Business Journal” with publication date: December 05, 2018.

Since September 10, 2018, it had 1 insider buy, and 1 sale for $90,252 activity. 1,000 shares were bought by PAGE GREGORY R, worth $184,500 on Friday, October 26. The insider Hammes Eric D. sold 1,272 shares worth $274,752.

Since June 6, 2018, it had 0 buys, and 4 selling transactions for $3.51 million activity. Russell Chris H. also sold $77,168 worth of Kraton Corporation (NYSE:KRA) on Thursday, June 21. $454,113 worth of stock was sold by Tremblay Stephen E. on Tuesday, August 28. $203,935 worth of stock was sold by Mhetar Vijay on Wednesday, June 6. Fogarty Kevin Michael sold $2.33M worth of stock or 46,604 shares.

More notable recent Kraton Corporation (NYSE:KRA) news were published by: Seekingalpha.com which released: “Kraton Corporation 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on October 25, 2018, also Seekingalpha.com with their article: “Kraton Corporation (KRA) CEO Kevin Fogarty on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on October 25, 2018, Seekingalpha.com published: “Kraton Corporation’s (KRA) CEO Kevin Fogarty on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on July 26, 2018. More interesting news about Kraton Corporation (NYSE:KRA) were released by: Seekingalpha.com and their article: “Kraton’s (KRA) CEO Kevin Fogarty on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on April 28, 2018 as well as Streetinsider.com‘s news article titled: “Kraton Corporation (KRA) Misses Q3 EPS by 27c, Offers Outlook – StreetInsider.com” with publication date: October 24, 2018.

Investors sentiment decreased to 1.41 in 2018 Q2. Its down 0.07, from 1.48 in 2018Q1. It worsened, as 17 investors sold Kraton Corporation shares while 56 reduced holdings. 25 funds opened positions while 78 raised stakes. 29.17 million shares or 1.58% more from 28.71 million shares in 2018Q1 were reported. 60,279 are owned by Deutsche National Bank & Trust Ag. Panagora Asset Mngmt Inc stated it has 156,071 shares. California State Teachers Retirement Systems reported 47,447 shares or 0% of all its holdings. Ubs Asset Management Americas Inc holds 0% or 21,451 shares. Public Employees Retirement System Of Ohio reported 0% stake. Hsbc Public Ltd holds 131,322 shares. Sg Americas Ltd Liability reported 7,459 shares stake. Nordea Investment Management Ab holds 25,800 shares or 0% of its portfolio. Amalgamated Financial Bank holds 0.01% in Kraton Corporation (NYSE:KRA) or 5,012 shares. Brandywine Glob Mngmt Ltd Limited Liability Company has invested 0.03% in Kraton Corporation (NYSE:KRA). Gsa Capital Prns Limited Liability Partnership invested in 0.04% or 19,120 shares. Apg Asset Management Nv reported 0% stake. Corsair Management Lp reported 181,402 shares. Delta Cap Mngmt Ltd Llc invested in 0.13% or 4,485 shares. Trexquant Investment Lp reported 0.02% of its portfolio in Kraton Corporation (NYSE:KRA).

Kraton Corporation produces and sells styrenic block copolymers and other engineered polymers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has market cap of $777.52 million. The firm offers performance products comprising unhydrogenated SBCs, which are primarily used in paving, roofing, adhesives, sealants, coatings, and footwear applications; and specialty polymers consisting of hydrogenated SBCs that are used in polymer modification, lubricant additives, personal care, adhesives and coatings, and cable gels, as well as in medical, industrial, consumer, and other applications. It has a 6.6 P/E ratio. It also provides isoprene rubber products that have applications in medical products, paints, coatings, and specialized footwear; and isoprene rubber latex products primarily for use in medical, healthcare, and personal care products, such as synthetic surgical gloves and condoms, as well as in food contact operations.

Kraton Corporation (NYSE:KRA) Institutional Positions Chart

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