Teacher Retirement System Of Texas Cut Travelers Companies (TRV) Holding by $12.60 Million; Valuation Declined; Wilen Investment Management Holding in Kraton Perform (KRA) Boosted by $839,319 as Stock Value Rose

February 24, 2018 - By Kurt Siggers

Teacher Retirement System Of Texas decreased its stake in Travelers Companies Inc (TRV) by 26.74% based on its latest 2017Q3 regulatory filing with the SEC. Teacher Retirement System Of Texas sold 103,248 shares as the company’s stock declined 0.95% while stock markets rallied. The institutional investor held 282,807 shares of the finance company at the end of 2017Q3, valued at $34.65M, down from 386,055 at the end of the previous reported quarter. Teacher Retirement System Of Texas who had been investing in Travelers Companies Inc for a number of months, seems to be less bullish one the $37.93B market cap company. The stock increased 1.53% or $2.1 during the last trading session, reaching $139.74. About 2.01 million shares traded or 10.11% up from the average. The Travelers Companies, Inc. (NYSE:TRV) has risen 9.71% since February 24, 2017 and is uptrending. It has underperformed by 6.99% the S&P500.

Wilen Investment Management Corp increased its stake in Kraton Perform (KRA) by 28.01% based on its latest 2017Q3 regulatory filing with the SEC. Wilen Investment Management Corp bought 21,521 shares as the company’s stock rose 27.98% with the market. The institutional investor held 98,363 shares of the basic industries company at the end of 2017Q3, valued at $3.89 million, up from 76,842 at the end of the previous reported quarter. Wilen Investment Management Corp who had been investing in Kraton Perform for a number of months, seems to be bullish on the $1.46 billion market cap company. The stock increased 5.06% or $2.21 during the last trading session, reaching $45.92. About 399,149 shares traded or 51.13% up from the average. Kraton Corporation (NYSE:KRA) has risen 32.40% since February 24, 2017 and is uptrending. It has outperformed by 15.70% the S&P500.




Among 4 analysts covering Kraton Performance Polymers (NYSE:KRA), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Kraton Performance Polymers had 7 analyst reports since October 27, 2015 according to SRatingsIntel. UBS maintained the stock with “Sell” rating in Wednesday, February 21 report. The firm has “Buy” rating given on Thursday, October 26 by SunTrust. The stock has “Sell” rating by UBS on Tuesday, October 27. The company was maintained on Wednesday, October 25 by UBS. The firm has “Hold” rating by KeyBanc Capital Markets given on Friday, September 1. SunTrust maintained the shares of KRA in report on Wednesday, October 11 with “Buy” rating.

Since September 29, 2017, it had 0 insider purchases, and 3 sales for $1.22 million activity. Simmons James Leo also sold $329,360 worth of Kraton Corporation (NYSE:KRA) shares. Fogarty Kevin Michael also sold $52,100 worth of Kraton Corporation (NYSE:KRA) shares.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.12, from 1.13 in 2017Q2. It improved, as 14 investors sold KRA shares while 46 reduced holdings. 23 funds opened positions while 52 raised stakes. 28.89 million shares or 2.16% less from 29.53 million shares in 2017Q2 were reported. Eagle Boston Inv reported 244,638 shares. Jpmorgan Chase & Co invested 0% in Kraton Corporation (NYSE:KRA). New York-based Tower Rech Llc (Trc) has invested 0.01% in Kraton Corporation (NYSE:KRA). Bnp Paribas Arbitrage Sa invested in 16,569 shares or 0% of the stock. D E Shaw & Inc, a New York-based fund reported 45,144 shares. Ameritas has invested 0% in Kraton Corporation (NYSE:KRA). Mason Street Advisors Limited Liability reported 7,890 shares stake. Alliancebernstein Lp has invested 0% in Kraton Corporation (NYSE:KRA). Renaissance Limited Liability Corp invested in 0.01% or 265,300 shares. Financial Bank Of Mellon Corporation owns 0% invested in Kraton Corporation (NYSE:KRA) for 382,923 shares. First Trust Advsr LP holds 0.01% or 70,440 shares. Glenmede Trust Na holds 0% or 80 shares. Strs Ohio owns 25,900 shares. Laurion Cap Mngmt LP accumulated 28,800 shares or 0.01% of the stock. Lombard Odier Asset (Usa) Corporation reported 223,337 shares.

Teacher Retirement System Of Texas, which manages about $16.26B US Long portfolio, upped its stake in Accenture Plc Ireland (NYSE:ACN) by 336,366 shares to 539,068 shares, valued at $72.81M in 2017Q3, according to the filing. It also increased its holding in Mccormick & Co Inc (NYSE:MKC) by 131,061 shares in the quarter, for a total of 241,798 shares, and has risen its stake in Duke Energy Corp New (NYSE:DUK).

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on April, 19. They expect $2.80 earnings per share, up 29.63% or $0.64 from last year’s $2.16 per share. TRV’s profit will be $759.99M for 12.48 P/E if the $2.80 EPS becomes a reality. After $2.28 actual earnings per share reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 22.81% EPS growth.

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