CoreFirst Bank & Trust Makes New $301,000 Investment in Huntsman Co. (NYSE:HUN)

CoreFirst Bank & Trust bought a new position in Huntsman Co. (NYSE:HUN - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 16,709 shares of the basic materials company's stock, valued at approximately $301,000.

A number of other institutional investors have also added to or reduced their stakes in HUN. Wealth Enhancement Advisory Services LLC boosted its stake in Huntsman by 1.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 38,070 shares of the basic materials company's stock worth $686,000 after buying an additional 674 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Huntsman by 14.4% in the 3rd quarter. Larson Financial Group LLC now owns 9,261 shares of the basic materials company's stock valued at $224,000 after purchasing an additional 1,163 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Huntsman by 4.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 31,694 shares of the basic materials company's stock valued at $571,000 after purchasing an additional 1,212 shares during the last quarter. EMC Capital Management raised its position in Huntsman by 21.5% in the 4th quarter. EMC Capital Management now owns 10,288 shares of the basic materials company's stock worth $185,000 after purchasing an additional 1,821 shares during the period. Finally, R Squared Ltd bought a new stake in Huntsman in the fourth quarter worth $40,000. Institutional investors own 84.81% of the company's stock.

Huntsman Trading Down 2.3 %

NYSE:HUN traded down $0.38 during trading hours on Friday, hitting $15.83. The company had a trading volume of 3,458,244 shares, compared to its average volume of 2,200,623. 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 stock has a 50-day moving average price of $17.04 and a 200 day moving average price of $19.33. The company has a market capitalization of $2.75 billion, a PE ratio of -14.39 and a beta of 0.95. Huntsman Co. has a 52 week low of $15.46 and a 52 week high of $26.40.

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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 during the quarter, compared to the consensus estimate of $1.45 billion. Huntsman had a negative return on equity of 0.39% and a negative net margin of 3.13%. On average, equities research analysts predict that Huntsman Co. will post 0.32 EPS for the current fiscal year.

Huntsman Dividend Announcement

The company 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 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 6.32%. Huntsman's dividend payout ratio is presently -90.91%.

Analyst Upgrades and Downgrades

HUN has been the topic of several analyst reports. Wells Fargo & Company decreased their price objective on Huntsman from $22.00 to $20.00 and set an "overweight" rating on the stock in a report on Friday. Morgan Stanley decreased their price target on Huntsman from $24.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Alembic Global Advisors downgraded Huntsman from an "overweight" rating to a "neutral" rating in a research report on Wednesday, January 15th. JPMorgan Chase & Co. cut their target price on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a report on Wednesday, February 19th. Finally, The Goldman Sachs Group lowered their price target on shares of Huntsman from $22.00 to $19.00 and set a "sell" rating for the company in a report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $20.25.

Huntsman Company 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.