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

August 13, 2018 - By Richard Doty

Kaman Corporation (NYSE:KAMN) LogoInvestors sentiment increased to 1.31 in Q1 2018. 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. Paloma Prns Company stated it has 9,047 shares or 0.01% of all its holdings. 23,900 were accumulated by Aperio Gru Llc. Trexquant Lp reported 0.04% in Kaman Corporation (NYSE:KAMN). Nj State Employees Deferred Compensation Plan reported 8,000 shares or 0.09% of all its holdings. Citigroup has 0% invested in Kaman Corporation (NYSE:KAMN) for 21,424 shares. Millennium Mngmt Limited Liability Com reported 187,096 shares or 0.02% of all its holdings. Pennsylvania-based Weik Cap Management has invested 0.21% in Kaman Corporation (NYSE:KAMN). 30,959 were reported by Advsrs Asset Mngmt Incorporated. Sawgrass Asset Ltd Liability Com holds 0.13% or 44,265 shares. Moreover, Geode Cap Management Limited Liability has 0% invested in Kaman Corporation (NYSE:KAMN) for 240,026 shares. 370,706 were accumulated by Jpmorgan Chase Company. Cibc Asset Mgmt owns 3,486 shares. Sg Americas Securities Ltd holds 0% or 3,232 shares in its portfolio. Victory Cap Management holds 9,007 shares or 0% of its portfolio. Teachers Retirement Of The State Of Kentucky reported 8,793 shares.

Since March 5, 2018, it had 2 buys, and 6 selling transactions for $2.32 million activity. 6,173 shares were sold by Higgins Andrew William, worth $454,218. 2,500 Kaman Corporation (NYSE:KAMN) shares with value of $180,000 were sold by SWIFT RICHARD J. CALLAWAY E REEVES III sold $137,319 worth of Kaman Corporation (NYSE:KAMN) on Monday, May 14. The insider Tedone John J sold $794,333. 2,000 shares were bought by Keating Neal J, worth $139,058. Starr Robert D. also bought $69,436 worth of Kaman Corporation (NYSE:KAMN) on Friday, May 11.

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 $215.92M, 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 Diebold Nixdorf (NYSE:DBD) by 1.88 million shares to 5.87 million shares, valued at $70.18 million in 2018Q2, according to the filing. It also increased its holding in Smucker J M Co Com New (NYSE:SJM) by 155,663 shares in the quarter, for a total of 161,960 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 stock to “Hold” rating in Thursday, March 15 report.

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

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