40,357 Shares in Huntsman Co. (NYSE:HUN) Acquired by AMG National Trust Bank

AMG National Trust Bank acquired a new stake in Huntsman Co. (NYSE:HUN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 40,357 shares of the basic materials company's stock, valued at approximately $709,000.

Several other institutional investors also recently bought and sold shares of HUN. Principal Financial Group Inc. grew its stake in shares of Huntsman by 10.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,342,478 shares of the basic materials company's stock worth $32,488,000 after purchasing an additional 124,841 shares during the period. Bank of Montreal Can grew its stake in shares of Huntsman by 152.7% during the 3rd quarter. Bank of Montreal Can now owns 99,405 shares of the basic materials company's stock worth $2,440,000 after purchasing an additional 60,072 shares during the period. First Hawaiian Bank acquired a new position in shares of Huntsman during the 4th quarter worth $569,000. Ieq Capital LLC grew its stake in shares of Huntsman by 390.7% during the 4th quarter. Ieq Capital LLC now owns 79,230 shares of the basic materials company's stock worth $1,429,000 after purchasing an additional 63,085 shares during the period. Finally, ING Groep NV acquired a new position in shares of Huntsman during the 3rd quarter worth $5,317,000. 84.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HUN has been the topic of several recent research reports. Wells Fargo & Company decreased their price objective on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 19th. Royal Bank of Canada boosted their price objective on shares of Huntsman from $17.00 to $18.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 20th. The Goldman Sachs Group decreased their price objective on shares of Huntsman from $22.00 to $19.00 and set a "sell" rating on the stock in a research report on Wednesday. Mizuho decreased their price objective on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $20.50.

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Huntsman Trading Down 2.7 %

NYSE:HUN traded down $0.49 on Friday, reaching $17.33. The stock had a trading volume of 5,263,548 shares, compared to its average volume of 2,072,358. The company has a market cap of $3.00 billion, a price-to-earnings ratio of -15.75 and a beta of 0.95. 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 firm's fifty day moving average is $17.17 and its two-hundred day moving average is $19.84. Huntsman Co. has a 12-month low of $15.46 and a 12-month high of $26.76.

Huntsman (NYSE:HUN - Get Free Report) last released its earnings results on Monday, February 17th. The basic materials company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.18). The firm had revenue of $1.45 billion during the quarter, compared to analysts' expectations of $1.45 billion. Huntsman had a negative net margin of 3.13% and a negative return on equity of 0.39%. Equities analysts expect that Huntsman Co. will post 0.32 EPS for the current fiscal year.

Huntsman Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, March 14th. This represents a $1.00 annualized dividend and a dividend yield of 5.77%. Huntsman's payout ratio is currently -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.