Huntsman Co. (NYSE:HUN) Shares Sold by Rothschild Investment LLC

Rothschild Investment LLC reduced its position in Huntsman Co. (NYSE:HUN) by 54.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,455 shares of the basic materials company’s stock after selling 5,275 shares during the quarter. Rothschild Investment LLC’s holdings in Huntsman were worth $80,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Huntsman by 1.8% during the fourth 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 in the last quarter. Larson Financial Group LLC lifted its stake in Huntsman by 14.4% during the third quarter. Larson Financial Group LLC now owns 9,261 shares of the basic materials company’s stock worth $224,000 after purchasing an additional 1,163 shares during the last quarter. EMC Capital Management lifted its stake in Huntsman by 21.5% during the fourth quarter. EMC Capital Management now owns 10,288 shares of the basic materials company’s stock worth $185,000 after purchasing an additional 1,821 shares during the last quarter. R Squared Ltd purchased a new stake in Huntsman during the fourth quarter worth approximately $40,000. Finally, Pallas Capital Advisors LLC lifted its stake in Huntsman by 7.5% during the third quarter. Pallas Capital Advisors LLC now owns 34,230 shares of the basic materials company’s stock worth $782,000 after purchasing an additional 2,397 shares during the last quarter. 84.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HUN has been the subject of several recent analyst reports. Wells Fargo & Company decreased their target price on Huntsman from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday, February 19th. UBS Group reduced their price objective on Huntsman from $24.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Royal Bank of Canada boosted their price objective on Huntsman from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Thursday, February 20th. Morgan Stanley reduced their price objective on Huntsman from $24.00 to $20.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, Alembic Global Advisors cut Huntsman from an “overweight” rating to a “neutral” rating in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Huntsman has an average rating of “Hold” and a consensus target price of $21.63.

Huntsman Price Performance

Huntsman stock opened at $17.19 on Thursday. Huntsman Co. has a 12 month low of $15.67 and a 12 month high of $27.01. 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 simple moving average of $17.33 and a 200-day simple moving average of $20.03. The stock has a market capitalization of $2.97 billion, a PE ratio of -15.62 and a beta of 0.95.

Huntsman (NYSE:HUN) last released 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). Huntsman had a negative return on equity of 0.39% and a negative net margin of 3.13%. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Equities analysts predict that Huntsman Co. will post 0.32 earnings per share for the current year.

Huntsman Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date is Friday, March 14th. Huntsman’s dividend payout ratio is presently -90.91%.

About Huntsman

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.