Kaman (NYSE:KAMN) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of Kaman (NYSE:KAMN) in a research report issued to clients and investors on Friday. The firm set a “buy” rating on the industrial products company’s stock.

Separately, TheStreet upgraded shares of Kaman from a “d+” rating to a “c-” rating in a research note on Monday, January 22nd.

Kaman Stock Performance

NYSE KAMN opened at $45.99 on Friday. Kaman has a one year low of $18.06 and a one year high of $46.00. The company’s 50 day moving average price is $45.72 and its 200 day moving average price is $32.44. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.71 and a current ratio of 1.32. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 148.35 and a beta of 1.18.

Kaman (NYSE:KAMN) last posted its quarterly earnings data on Thursday, February 22nd. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.12. The company had revenue of $203.12 million for the quarter, compared to analyst estimates of $196.70 million. Kaman had a net margin of 1.12% and a return on equity of 2.14%.

Institutional Trading of Kaman

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ancora Advisors LLC bought a new stake in shares of Kaman in the first quarter worth $51,000. US Bancorp DE boosted its holdings in Kaman by 236.6% in the second quarter. US Bancorp DE now owns 1,067 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 750 shares during the period. Tower Research Capital LLC TRC boosted its holdings in Kaman by 99.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,430 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 714 shares during the period. Gladius Capital Management LP acquired a new position in Kaman in the fourth quarter worth $36,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Kaman by 140.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,566 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 915 shares during the period. Institutional investors own 85.70% of the company’s stock.

About Kaman

Kaman Corporation, together with its subsidiaries, operates in the aerospace, defense, medical, and industrial markets. The company operates through three segments: Engineered Products, Precision Products, and Structures. The Engineered Products segment produces and markets aircraft bearings and components; super precision; miniature ball bearings; and spring energized seals, springs, and contacts, as well as wheels, brakes, and related hydraulic components for helicopters and fixed-wing, and UAV aircraft.