2 weeks Ago By ABMN Staff
Wells Fargo & Company MN lifted its position in shares of Huntsman Co. ( NYSE:HUN – Free Report ) by 14.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 1,027,443 shares of the basic materials company’s stock after purchasing an additional 126,691 shares during the quarter. Wells Fargo & Company MN’s holdings in Huntsman were worth $18,525,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made changes to their positions in the company.
Wealth Enhancement Advisory Services LLC raised its stake in Huntsman by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,070 shares of the basic materials company’s stock worth $686,000 after buying an additional 674 shares during the period.
PNC Financial Services Group Inc. raised its position in shares of Huntsman by 4.0% during the fourth quarter.
PNC Financial Services Group Inc. now owns 31,694 shares of the basic materials company’s stock worth $571,000 after purchasing an additional 1,212 shares during the period. EMC Capital Management lifted its holdings in shares of Huntsman by 21.
5% during the 4th quarter. EMC Capital Management now owns 10,288 shares of the basic materials company’s stock valued at $185,000 after purchasing an additional 1,821 shares in the last quarter. R Squared Ltd acquired a new position in shares of Huntsman in the 4th quarter valued at approximately $40,000.
Finally, Signaturefd LLC increased its stake in Huntsman by 174.5% during the 4th quarter. Signaturefd LLC now owns 4,386 shares of the basic materials company’s stock worth $79,000 after purchasing an additional 2,788 shares in the last quarter.
Institutional investors and hedge funds own 84.81% of the company’s stock. Wall Street Analyst Weigh In A number of research analysts have weighed in on the stock.
Alembic Global Advisors lowered shares of Huntsman from an “overweight” rating to a “neutral” rating in a research note on Wednesday, January 15th. UBS Group reduced their target price on shares of Huntsman from $18.00 to $13.
00 and set a “neutral” rating for the company in a research note on Monday, April 7th. JPMorgan Chase & Co. dropped their price target on Huntsman from $25.
00 to $22.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 19th. The Goldman Sachs Group cut their price target on Huntsman from $22.
00 to $19.00 and set a “sell” rating on the stock in a report on Wednesday, March 5th. Finally, Morgan Stanley decreased their price objective on Huntsman from $24.
00 to $20.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company.
Based on data from MarketBeat, Huntsman has an average rating of “Hold” and a consensus target price of $18.00. Huntsman Price Performance Shares of NYSE HUN opened at $13.
64 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.
36 and a quick ratio of 0.83. The business has a 50-day moving average of $16.
24 and a 200-day moving average of $18.60. The stock has a market capitalization of $2.
37 billion, a price-to-earnings ratio of -12.40 and a beta of 0.85.
Huntsman Co. has a fifty-two week low of $11.90 and a fifty-two week high of $25.
92. Huntsman ( NYSE:HUN – Get Free Report ) last issued its quarterly earnings results on Monday, February 17th. The basic materials company reported ($0.
25) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.18).
The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.45 billion.
Huntsman had a negative net margin of 3.13% and a negative return on equity of 0.39%.
As a group, sell-side analysts predict that Huntsman Co. will post 0.32 earnings per share for the current fiscal year.
Huntsman Announces Dividend The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $0.25 per share.
The ex-dividend date was Friday, March 14th. This represents a $1.00 dividend on an annualized basis and a yield of 7.
33%. Huntsman’s payout ratio is -90.91%.
Huntsman Profile ( Free Report ) Huntsman Corporation manufactures and sells diversified organic chemical products worldwide. The company operates in three segments: Polyurethanes, Performance Products, and Advanced Materials. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyether and polyester polyols, and thermoplastic polyurethane; and aniline, benzene, nitrobenzene and other co-products.
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