Analysts Set Huntsman Co. (NYSE:HUN) PT at $21.63

Huntsman Co. (NYSE:HUN - Get Free Report) has received an average rating of "Hold" from the nine brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $20.50.

A number of analysts recently commented on HUN shares. Morgan Stanley decreased their price target on Huntsman from $24.00 to $20.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. UBS Group decreased their target price on Huntsman from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. Mizuho cut their price target on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Wells Fargo & Company decreased their price objective on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating for the company in a report on Wednesday, February 19th. Finally, Alembic Global Advisors lowered shares of Huntsman from an "overweight" rating to a "neutral" rating in a research report on Wednesday, January 15th.

Hedge Funds Weigh In On Huntsman

A number of large investors have recently made changes to their positions in HUN. R Squared Ltd bought a new position in Huntsman in the 4th quarter worth about $40,000. Quadrant Capital Group LLC boosted its position in shares of Huntsman by 74.9% in the fourth quarter. Quadrant Capital Group LLC now owns 2,232 shares of the basic materials company's stock valued at $40,000 after acquiring an additional 956 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in Huntsman during the fourth quarter valued at approximately $60,000. True Wealth Design LLC bought a new stake in Huntsman during the 3rd quarter worth approximately $62,000. Finally, Quarry LP purchased a new stake in Huntsman in the 4th quarter worth approximately $65,000. 84.81% of the stock is owned by institutional investors.

Huntsman Stock Up 8.5 %

HUN traded up $1.37 during mid-day trading on Tuesday, reaching $17.41. 3,323,527 shares of the stock were exchanged, compared to its average volume of 2,964,898. The company has a 50 day moving average price of $17.20 and a two-hundred day moving average price of $19.92. The stock has a market capitalization of $3.01 billion, a PE ratio of -15.82 and a beta of 0.95. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.83 and a current ratio of 1.36. Huntsman has a 1 year low of $15.46 and a 1 year high of $27.01.

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 for the quarter, missing the consensus estimate of ($0.07) by ($0.18). Huntsman had a negative return on equity of 0.39% and a negative net margin of 3.13%. The firm had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.45 billion. As a group, research analysts anticipate that Huntsman will post 0.32 EPS for the current year.

Huntsman Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend is Friday, March 14th. Huntsman's dividend payout ratio (DPR) 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.