Huntsman Co. (NYSE:HUN) Shares Purchased by Cwm LLC

Cwm LLC raised its holdings in Huntsman Co. (NYSE:HUN) by 390.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,160 shares of the basic materials company’s stock after purchasing an additional 39,145 shares during the quarter. Cwm LLC’s holdings in Huntsman were worth $1,190,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Butensky & Cohen Financial Security Inc. lifted its position in Huntsman by 0.3% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 152,577 shares of the basic materials company’s stock valued at $3,474,000 after buying an additional 483 shares during the last quarter. Dumont & Blake Investment Advisors LLC boosted its position in shares of Huntsman by 1.7% during the 1st quarter. Dumont & Blake Investment Advisors LLC now owns 30,817 shares of the basic materials company’s stock worth $802,000 after purchasing an additional 505 shares during the period. GAMMA Investing LLC increased its holdings in Huntsman by 44.0% in the 1st quarter. GAMMA Investing LLC now owns 2,115 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 646 shares during the last quarter. William Blair Investment Management LLC lifted its stake in Huntsman by 4.0% during the first quarter. William Blair Investment Management LLC now owns 17,131 shares of the basic materials company’s stock worth $446,000 after purchasing an additional 653 shares in the last quarter. Finally, Quantbot Technologies LP boosted its position in shares of Huntsman by 0.4% during the first quarter. Quantbot Technologies LP now owns 185,005 shares of the basic materials company’s stock worth $4,816,000 after buying an additional 693 shares during the period. Institutional investors and hedge funds own 84.81% of the company’s stock.

Analysts Set New Price Targets

HUN has been the topic of several research analyst reports. Citigroup cut their price objective on Huntsman from $26.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, June 27th. JPMorgan Chase & Co. reduced their price target on shares of Huntsman from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 7th. UBS Group cut their target price on shares of Huntsman from $23.00 to $22.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 6th. Wells Fargo & Company decreased their price target on shares of Huntsman from $28.00 to $26.00 and set an “overweight” rating for the company in a research report on Wednesday, August 7th. Finally, Royal Bank of Canada upped their price objective on Huntsman from $21.00 to $24.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Huntsman has a consensus rating of “Hold” and a consensus target price of $25.89.

Huntsman Trading Up 0.6 %

HUN opened at $23.52 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.77 and a current ratio of 1.30. Huntsman Co. has a one year low of $19.91 and a one year high of $27.01. The company has a market cap of $4.07 billion, a P/E ratio of -45.23 and a beta of 1.00. The business’s 50-day simple moving average is $22.23 and its 200-day simple moving average is $23.30.

Huntsman (NYSE:HUN) last issued its quarterly earnings data on Monday, August 5th. The basic materials company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.61 billion. Huntsman had a negative net margin of 1.44% and a positive return on equity of 0.26%. The company’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 EPS. As a group, equities research analysts expect that Huntsman Co. will post 0.19 EPS for the current fiscal year.

Huntsman Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend was Friday, September 13th. Huntsman’s dividend payout ratio (DPR) is currently -192.31%.

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.