1,742 Shares in Huntsman Co. (NYSE:HUN) Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC acquired a new position in shares of Huntsman Co. (NYSE:HUNFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,742 shares of the basic materials company’s stock, valued at approximately $45,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Harvest Investment Advisors LLC raised its position in Huntsman by 4.4% in the third quarter. Harvest Investment Advisors LLC now owns 43,481 shares of the basic materials company’s stock valued at $1,061,000 after purchasing an additional 1,829 shares during the period. Neo Ivy Capital Management purchased a new stake in Huntsman in the third quarter valued at $134,000. Wellington Management Group LLP raised its position in Huntsman by 101.9% in the third quarter. Wellington Management Group LLP now owns 1,792,098 shares of the basic materials company’s stock valued at $43,727,000 after purchasing an additional 904,696 shares during the period. Twelve Points Wealth Management LLC raised its position in Huntsman by 14.5% in the fourth quarter. Twelve Points Wealth Management LLC now owns 34,403 shares of the basic materials company’s stock valued at $865,000 after purchasing an additional 4,368 shares during the period. Finally, Butensky & Cohen Financial Security Inc. raised its position in Huntsman by 7.0% in the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 144,049 shares of the basic materials company’s stock valued at $3,620,000 after purchasing an additional 9,397 shares during the period. Hedge funds and other institutional investors own 84.81% of the company’s stock.

Analyst Upgrades and Downgrades

HUN has been the topic of a number of research analyst reports. UBS Group reduced their target price on Huntsman from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday. Royal Bank of Canada lifted their price objective on Huntsman from $24.00 to $26.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 7th. Citigroup dropped their price objective on Huntsman from $26.00 to $24.00 and set a “neutral” rating for the company in a research note on Thursday, June 27th. Finally, JPMorgan Chase & Co. raised Huntsman from an “underweight” rating to an “overweight” rating and lifted their price objective for the company from $22.00 to $27.00 in a research note on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $26.90.

Get Our Latest Report on Huntsman

Huntsman Price Performance

HUN opened at $21.47 on Wednesday. Huntsman Co. has a 12 month low of $21.41 and a 12 month high of $29.90. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.55 and a quick ratio of 0.98. The business has a fifty day moving average price of $23.94 and a 200 day moving average price of $24.50.

Huntsman (NYSE:HUNGet Free Report) last released its earnings results on Thursday, May 2nd. The basic materials company reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). Huntsman had a positive return on equity of 0.67% and a negative net margin of 1.49%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the previous year, the firm posted $0.20 EPS. Huntsman’s revenue for the quarter was down 8.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Huntsman Co. will post 0.4 earnings per share for the current fiscal year.

Huntsman Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date of this dividend was Friday, June 14th. Huntsman’s dividend payout ratio (DPR) is -192.31%.

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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Institutional Ownership by Quarter for Huntsman (NYSE:HUN)

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