Kmg Chemicals INC (KMG) Share Price Rose While Trigran Investments INC Cut Position by $9.19 Million

January 18, 2018 - By Dolores Ford

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.71, from 1.66 in 2017Q2. It dropped, as 14 investors sold KMG shares while 47 reduced holdings. 21 funds opened positions while 37 raised stakes. 8.47 million shares or 0.73% less from 8.53 million shares in 2017Q2 were reported. James Investment Rech Incorporated reported 0.05% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Panagora Asset Mgmt holds 0.02% in KMG Chemicals, Inc. (NYSE:KMG) or 95,544 shares. 17,035 were accumulated by Los Angeles Capital Mgmt & Equity. Gsa Capital Prtn Ltd Liability Partnership owns 0.11% invested in KMG Chemicals, Inc. (NYSE:KMG) for 29,456 shares. Hodges Cap reported 4,030 shares or 0.01% of all its holdings. Globeflex Capital LP reported 54,029 shares. Bessemer Group holds 12,600 shares or 0% of its portfolio. Schwab Charles Inv Inc has invested 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Trigran Invs Inc reported 596,752 shares. Aqr Mngmt Limited reported 0% in KMG Chemicals, Inc. (NYSE:KMG). 7,965 were accumulated by Invesco Limited. Usca Ria Limited Liability Co has invested 0.12% in KMG Chemicals, Inc. (NYSE:KMG). Bank & Trust Of New York Mellon Corp holds 0% or 105,236 shares. California State Teachers Retirement System has invested 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Wells Fargo And Communication Mn holds 312,563 shares or 0.01% of its portfolio.

Since July 31, 2017, it had 0 buys, and 30 insider sales for $21.04 million activity.

Douglas T. Granat decreased its stake in Kmg Chemicals Inc (KMG) by 22.2% based on its latest 2017Q3 regulatory filing with the SEC. Trigran Investments Inc sold 170,247 shares as the company’s stock rose 52.84% with the market. The hedge fund run by Douglas T. Granat held 596,752 shares of the basic industries company at the end of 2017Q3, valued at $32.75 million, down from 766,999 at the end of the previous reported quarter. Trigran Investments Inc who had been investing in Kmg Chemicals Inc for a number of months, seems to be less bullish one the $992.59 million market cap company. The stock increased 0.25% or $0.16 during the last trading session, reaching $64.57. About 146,469 shares traded. KMG Chemicals, Inc. (NYSE:KMG) has risen 169.63% since January 18, 2017 and is uptrending. It has outperformed by 152.93% the S&P500.

Trigran Investments Inc, which manages about $278.36 million and $443.70 million US Long portfolio, upped its stake in Integrated Device Technology (NASDAQ:IDTI) by 161,150 shares to 1.67M shares, valued at $44.48 million in 2017Q3, according to the filing. It also increased its holding in Xperi Corp by 141,150 shares in the quarter, for a total of 1.15M shares, and has risen its stake in Hackett Group Inc (NASDAQ:HCKT).

Analysts await KMG Chemicals, Inc. (NYSE:KMG) to report earnings on March, 12. They expect $0.71 EPS, up 24.56 % or $0.14 from last year’s $0.57 per share. KMG’s profit will be $10.91 million for 22.74 P/E if the $0.71 EPS becomes a reality. After $0.83 actual EPS reported by KMG Chemicals, Inc. for the previous quarter, Wall Street now forecasts -14.46 % negative EPS growth.

More important recent KMG Chemicals, Inc. (NYSE:KMG) news were published by: which released: “KMG Completes Acquisition of Flowchem LLC” on June 15, 2017, also published article titled: “KMG Chemicals Has Room To Run If Margin Improvements Stick”, published: “KMG Chemicals Inc.” on September 24, 2011. More interesting news about KMG Chemicals, Inc. (NYSE:KMG) was released by: and their article: “ featured highlights include: Ollie’s Bargain Outlet, Movado, KMG …” with publication date: January 09, 2018.

KMG Chemicals, Inc. (NYSE:KMG) Ratings Coverage

Among 4 analysts covering KMG Chemicals (NYSE:KMG), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. KMG Chemicals has $70.0 highest and $26 lowest target. $44.33’s average target is -31.35% below currents $64.57 stock price. KMG Chemicals had 8 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Strong-Buy” rating on Wednesday, August 12 by Zacks. As per Wednesday, December 13, the company rating was maintained by KeyBanc Capital Markets. Gabelli upgraded the shares of KMG in report on Monday, May 1 to “Buy” rating. The rating was downgraded by Zacks to “Hold” on Monday, August 31. As per Friday, December 11, the company rating was upgraded by Seaport Global Securities. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Hold” rating by Gabelli on Wednesday, December 14. The stock has “Neutral” rating by Global Hunter Securities on Wednesday, August 26.

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