Huntsman Co. (NYSE:HUN) Shares Bought by National Bank of Canada FI

National Bank of Canada FI lifted its position in shares of Huntsman Co. (NYSE:HUN - Free Report) by 31,987.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 96,262 shares of the basic materials company's stock after buying an additional 95,962 shares during the quarter. National Bank of Canada FI owned approximately 0.06% of Huntsman worth $2,330,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Matrix Trust Co acquired a new position in Huntsman during the 3rd quarter worth $25,000. True Wealth Design LLC acquired a new position in Huntsman in the third quarter worth approximately $62,000. nVerses Capital LLC lifted its stake in Huntsman by 1,250.0% during the second quarter. nVerses Capital LLC now owns 2,700 shares of the basic materials company's stock valued at $61,000 after buying an additional 2,500 shares in the last quarter. Innealta Capital LLC acquired a new position in Huntsman during the second quarter valued at $65,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Huntsman during the 3rd quarter valued at $78,000. Hedge funds and other institutional investors own 84.81% of the company's stock.

Huntsman Stock Down 0.1 %

NYSE HUN traded down $0.02 during trading hours on Friday, hitting $19.05. The company's stock had a trading volume of 1,732,272 shares, compared to its average volume of 1,926,736. Huntsman Co. has a 52 week low of $18.65 and a 52 week high of $27.01. The company has a current ratio of 1.47, a quick ratio of 0.83 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $3.30 billion, a PE ratio of -27.61 and a beta of 0.97. The company's 50-day simple moving average is $21.15 and its two-hundred day simple moving average is $22.13.

Huntsman (NYSE:HUN - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The basic materials company reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The company had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.55 billion. Huntsman had a negative return on equity of 0.03% and a negative net margin of 1.99%. The firm's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 earnings per share. Research analysts anticipate that Huntsman Co. will post 0.09 EPS for the current fiscal year.

Huntsman Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date is Friday, December 13th. Huntsman's payout ratio is -144.93%.

Insiders Place Their Bets

In related news, Director Mary C. Beckerle sold 20,201 shares of Huntsman stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $21.42, for a total transaction of $432,705.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 5.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. UBS Group lowered their target price on shares of Huntsman from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. Royal Bank of Canada lifted their price target on shares of Huntsman from $21.00 to $24.00 and gave the company a "sector perform" rating in a report on Friday, October 11th. Finally, Wells Fargo & Company decreased their price target on shares of Huntsman from $26.00 to $25.00 and set an "overweight" rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $25.43.

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.