Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) shares traded up 2% during mid-day trading on Tuesday . The stock traded as high as $4.65 and last traded at $4.59, with a volume of 132,892 shares traded. The stock had previously closed at $4.50.

Several research analysts recently issued reports on the stock. Credit Suisse Group AG upped their target price on shares of Calumet Specialty Products Partners, L.P from $6.00 to $11.00 and gave the stock an “underperform” rating in a research report on Monday, April 25th. DA Davidson lowered shares of Calumet Specialty Products Partners, L.P from a “buy” rating to an “underperform” rating and set a $5.00 target price for the company. in a research report on Tuesday, April 19th. Cowen and Company cut their target price on shares of Calumet Specialty Products Partners, L.P from $23.00 to $10.00 and set a “market perform” rating for the company in a research report on Monday, April 18th. Howard Weil lowered shares of Calumet Specialty Products Partners, L.P to an “underperform” rating in a research report on Tuesday, April 19th. Finally, Wells Fargo & Co. lowered shares of Calumet Specialty Products Partners, L.P from an “outperform” rating to a “market perform” rating in a research report on Monday, April 18th. Five investment analysts have rated the stock with a sell rating and eleven have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $10.71.

The company’s 50-day moving average is $4.76 and its 200 day moving average is $9.27. The stock’s market capitalization is $350.65 million.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.87) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.83) by $0.04. On average, analysts predict that Calumet Specialty Products Partners, L.P will post ($1.73) EPS for the current year.

In related news, CEO Timothy Go bought 25,000 shares of the business’s stock in a transaction that occurred on Thursday, May 12th. The stock was bought at an average cost of $3.82 per share, with a total value of $95,500.00. Following the completion of the purchase, the chief executive officer now owns 27,607 shares of the company’s stock, valued at approximately $105,458.74. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP A Anderson William bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 9th. The shares were bought at an average cost of $4.07 per share, with a total value of $40,700.00. Following the completion of the purchase, the executive vice president now directly owns 25,392 shares of the company’s stock, valued at approximately $103,345.44. The disclosure for this purchase can be found here.

Other institutional investors recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Calumet Specialty Products Partners, L.P by 212.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 120,664 shares of the company’s stock valued at $2,402,000 after buying an additional 82,035 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Calumet Specialty Products Partners, L.P during the fourth quarter worth approximately $4,173,000. Morgan Stanley boosted its position in shares of Calumet Specialty Products Partners, L.P by 51.9% in the fourth quarter. Morgan Stanley now owns 860,510 shares of the company’s stock worth $17,133,000 after buying an additional 293,839 shares during the last quarter. Finally, Penserra Capital Management LLC acquired a new position in shares of Calumet Specialty Products Partners, L.P during the fourth quarter worth approximately $7,943,000.

Calumet Specialty Products Partners, L.P. (Calumet) is a producer of specialty hydrocarbon products in North America. The Company’s segments include specialty products, fuel products and oilfield services. In its specialty products segment, it processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.