Boston Partners Acquires Shares of 125,805 Huntsman Co. (NYSE:HUN)

Boston Partners bought a new stake in Huntsman Co. (NYSE:HUN - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 125,805 shares of the basic materials company's stock, valued at approximately $2,268,000. Boston Partners owned about 0.07% of Huntsman at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC increased its position in shares of Huntsman by 49.9% during the third quarter. Empowered Funds LLC now owns 31,783 shares of the basic materials company's stock worth $769,000 after buying an additional 10,582 shares during the period. Advisors Asset Management Inc. raised its position in shares of Huntsman by 267.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 117,990 shares of the basic materials company's stock worth $2,855,000 after acquiring an additional 85,889 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of Huntsman by 242.4% in the 3rd quarter. Cerity Partners LLC now owns 44,970 shares of the basic materials company's stock valued at $1,088,000 after purchasing an additional 31,837 shares during the period. Algert Global LLC boosted its position in shares of Huntsman by 37.2% during the 3rd quarter. Algert Global LLC now owns 631,566 shares of the basic materials company's stock valued at $15,284,000 after purchasing an additional 171,163 shares in the last quarter. Finally, Larson Financial Group LLC grew 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 period. Institutional investors and hedge funds own 84.81% of the company's stock.

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Huntsman Stock Down 0.1 %

Shares of Huntsman stock traded down $0.02 during trading hours on Wednesday, reaching $16.10. The company's stock had a trading volume of 1,685,043 shares, compared to its average volume of 3,127,576. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.83 and a current ratio of 1.36. The stock's fifty day simple moving average is $17.13 and its two-hundred day simple moving average is $19.43. The company has a market capitalization of $2.80 billion, a P/E ratio of -14.63 and a beta of 0.95. Huntsman Co. has a one year low of $15.46 and a one year high of $26.48.

Huntsman (NYSE:HUN - Get Free Report) last released its quarterly 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 company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.45 billion. Huntsman had a negative net margin of 3.13% and a negative return on equity of 0.39%. On average, research analysts forecast that Huntsman Co. will post 0.32 earnings per share for the current year.

Huntsman Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date of this dividend is Friday, March 14th. Huntsman's payout ratio is currently -90.91%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Royal Bank of Canada boosted their price target on Huntsman from $17.00 to $18.00 and gave the company a "sector perform" rating in a research note on Thursday, February 20th. The Goldman Sachs Group dropped their target price on shares of Huntsman from $22.00 to $19.00 and set a "sell" rating on the stock in a research report on Wednesday, March 5th. Citigroup reduced their price target on shares of Huntsman from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, December 18th. Alembic Global Advisors lowered shares of Huntsman from an "overweight" rating to a "neutral" rating in a report on Wednesday, January 15th. Finally, Morgan Stanley reduced their target price 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Huntsman presently has an average rating of "Hold" and an average target price of $20.50.

Huntsman Profile

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.