32,938 Shares in Huntsman Co. (NYSE:HUN) Bought by Oak Thistle LLC

Oak Thistle LLC bought a new stake in Huntsman Co. (NYSE:HUN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 32,938 shares of the basic materials company's stock, valued at approximately $594,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. 1832 Asset Management L.P. grew its stake in shares of Huntsman by 54.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 4,415,264 shares of the basic materials company's stock worth $100,536,000 after purchasing an additional 1,547,344 shares during the period. AQR Capital Management LLC grew its position in Huntsman by 383.0% during the second quarter. AQR Capital Management LLC now owns 1,417,641 shares of the basic materials company's stock worth $32,138,000 after buying an additional 1,124,113 shares during the period. Pzena Investment Management LLC purchased a new position in Huntsman in the third quarter valued at about $27,045,000. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Huntsman by 295.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 722,990 shares of the basic materials company's stock valued at $17,496,000 after acquiring an additional 539,990 shares during the period. Finally, Marshall Wace LLP boosted its stake in shares of Huntsman by 45.0% during the 2nd quarter. Marshall Wace LLP now owns 1,213,629 shares of the basic materials company's stock worth $27,634,000 after acquiring an additional 376,423 shares in the last quarter. 84.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Huntsman

In other news, Director Mary C. Beckerle sold 20,201 shares of Huntsman stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $21.42, for a total value of $432,705.42. The transaction was disclosed in a document filed with the SEC, which is available through this link. 6.10% of the stock is owned by company insiders.

Huntsman Trading Up 2.7 %

HUN stock traded up $0.47 during midday trading on Friday, hitting $17.88. The stock had a trading volume of 4,500,918 shares, compared to its average volume of 2,988,220. Huntsman Co. has a 12-month low of $15.95 and a 12-month high of $27.01. The firm has a market cap of $3.09 billion, a PE ratio of -25.91 and a beta of 0.97. The company's 50-day moving average price is $18.66 and its 200 day moving average price is $21.10. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.47 and a quick ratio of 0.83.

Huntsman (NYSE:HUN - Get Free Report) last released its earnings results on Monday, November 4th. The basic materials company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. Huntsman had a negative return on equity of 0.03% and a negative net margin of 1.99%. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same period in the prior year, the business posted $0.15 earnings per share. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities research analysts predict that Huntsman Co. will post 0.08 earnings per share for the current fiscal year.

Huntsman Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.00 dividend on an annualized basis and a yield of 5.59%. Huntsman's payout ratio is -144.93%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Wells Fargo & Company dropped their price objective on Huntsman from $26.00 to $25.00 and set an "overweight" rating for the company in a research note on Wednesday, November 6th. Royal Bank of Canada cut their price target on Huntsman from $23.00 to $20.00 and set a "sector perform" rating for the company in a research note on Thursday, December 19th. Alembic Global Advisors lowered shares of Huntsman from an "overweight" rating to a "neutral" rating in a research report on Wednesday. Morgan Stanley dropped their target price on shares of Huntsman from $24.00 to $20.00 and set an "equal weight" rating for the company in a report on Monday. Finally, UBS Group reduced their price target on shares of Huntsman from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $23.33.

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.