As Royce Value Trust (RVT) Stock Value Declined, Bulldog Investors Cut Its Stake by $592,000; Altalis Capital Management Has Cut Stake in Kraton (KRA) by $9.17 Million

April 17, 2018 - By Hazel Jackson

Adam Fox decreased its stake in Kraton Corporation (KRA) by 63.22% based on its latest 2017Q4 regulatory filing with the SEC. Altalis Capital Management Llc sold 191,121 shares as the company’s stock declined 2.77% with the market. The hedge fund run by Adam Fox held 111,189 shares of the basic industries company at the end of 2017Q4, valued at $5.36 million, down from 302,310 at the end of the previous reported quarter. Altalis Capital Management Llc who had been investing in Kraton Corporation for a number of months, seems to be less bullish one the $1.64B market cap company. The stock increased 1.63% or $0.829 during the last trading session, reaching $51.809. About 181,833 shares traded. Kraton Corporation (NYSE:KRA) has risen 66.15% since April 17, 2017 and is uptrending. It has outperformed by 54.60% the S&P500.

Bulldog Investors Llc decreased its stake in Royce Value Trust (RVT) by 49.87% based on its latest 2017Q4 regulatory filing with the SEC. Bulldog Investors Llc sold 37,000 shares as the company’s stock declined 5.47% with the market. The hedge fund held 37,200 shares of the company at the end of 2017Q4, valued at $602,000, down from 74,200 at the end of the previous reported quarter. Bulldog Investors Llc who had been investing in Royce Value Trust for a number of months, seems to be less bullish one the $1.34 billion market cap company. The stock increased 0.43% or $0.07 during the last trading session, reaching $16.12. About 193,764 shares traded. Royce Value Trust Inc. (NYSE:RVT) has risen 10.45% since April 17, 2017 and is uptrending. It has underperformed by 1.10% the S&P500.

Investors sentiment increased to 1.88 in 2017 Q4. Its up 0.63, from 1.25 in 2017Q3. It improved, as 9 investors sold RVT shares while 23 reduced holdings. 20 funds opened positions while 40 raised stakes. 18.24 million shares or 1.34% less from 18.49 million shares in 2017Q3 were reported. Blb&B Advisors Ltd Company holds 13,725 shares or 0.03% of its portfolio. Hollencrest Cap Mgmt reported 10,500 shares. Natl Asset Mngmt invested in 198,458 shares or 0.43% of the stock. Community Bancshares Na has 261 shares for 0% of their portfolio. Fifth Third Natl Bank owns 5,075 shares or 0% of their US portfolio. 1832 Asset Mgmt Lp holds 0.03% or 525,000 shares in its portfolio. Cambridge Invest Rech Advisors owns 0.03% invested in Royce Value Trust Inc. (NYSE:RVT) for 154,766 shares. 186,737 are held by Rothschild Corporation Il. Moreover, Stifel Financial has 0.01% invested in Royce Value Trust Inc. (NYSE:RVT). Moreover, Wells Fargo Mn has 0.01% invested in Royce Value Trust Inc. (NYSE:RVT) for 1.62M shares. Royal Commercial Bank Of Canada has 0% invested in Royce Value Trust Inc. (NYSE:RVT) for 354,466 shares. Suntrust Banks has 0% invested in Royce Value Trust Inc. (NYSE:RVT) for 18,956 shares. The Georgia-based Advisory Ser Network Llc has invested 0.01% in Royce Value Trust Inc. (NYSE:RVT). Pnc Service has invested 0% of its portfolio in Royce Value Trust Inc. (NYSE:RVT). 111,519 were reported by Parametric Port Associates Ltd.

Bulldog Investors Llc, which manages about $594.55M and $368.29M US Long portfolio, upped its stake in New York Reit Inc (NYSE:NYRT) by 345,167 shares to 4.18M shares, valued at $16.41M in 2017Q4, according to the filing. It also increased its holding in Deutsche Multi (NYSE:KMM) by 224,571 shares in the quarter, for a total of 818,416 shares, and has risen its stake in Avista Healthcare Pub Acq Co.

Altalis Capital Management Llc, which manages about $283.10M and $102.64 million US Long portfolio, upped its stake in Loral Space & Communicatns I (NASDAQ:LORL) by 35,141 shares to 121,261 shares, valued at $5.34 million in 2017Q4, according to the filing.

Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.02, from 1.25 in 2017Q3. It improved, as 10 investors sold KRA shares while 69 reduced holdings. 54 funds opened positions while 46 raised stakes. 28.49 million shares or 1.40% less from 28.89 million shares in 2017Q3 were reported. Meeder Asset Mngmt has 613 shares. Petrus Lta holds 0.1% or 8,704 shares. Schwab Charles Inv Mngmt holds 0.01% in Kraton Corporation (NYSE:KRA) or 228,836 shares. Credit Suisse Ag holds 0% of its portfolio in Kraton Corporation (NYSE:KRA) for 32,620 shares. Maryland-based Price T Rowe Assoc Md has invested 0% in Kraton Corporation (NYSE:KRA). Howe And Rusling Incorporated reported 97 shares. Dimensional Fund Advisors LP has invested 0.05% of its portfolio in Kraton Corporation (NYSE:KRA). Bnp Paribas Arbitrage owns 0% invested in Kraton Corporation (NYSE:KRA) for 14,662 shares. Springowl Assoc Lc owns 18,147 shares. Comerica State Bank invested 0.01% in Kraton Corporation (NYSE:KRA). 36,352 are held by Barclays Public Limited Company. 72,786 are owned by Rhumbline Advisers. Macquarie Limited has 11,300 shares. Natl Bank Of America De invested in 103,055 shares. Boston Advsrs Ltd has 0.02% invested in Kraton Corporation (NYSE:KRA).

Among 5 analysts covering Kraton Performance Polymers (NYSE:KRA), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Kraton Performance Polymers had 8 analyst reports since October 27, 2015 according to SRatingsIntel. As per Friday, September 1, the company rating was maintained by KeyBanc Capital Markets. The stock of Kraton Corporation (NYSE:KRA) earned “Sell” rating by UBS on Wednesday, October 25. UBS maintained Kraton Corporation (NYSE:KRA) rating on Wednesday, February 21. UBS has “Sell” rating and $33 target. The firm has “Buy” rating given on Wednesday, October 11 by SunTrust. The firm earned “Buy” rating on Thursday, October 26 by SunTrust. The rating was downgraded by UBS on Tuesday, October 27 to “Sell”.

Kraton Corporation (NYSE:KRA) Institutional Positions Chart

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