Keeley Teton Advisors LLC Has $1.75 Million Stock Holdings in Huntsman Co. (NYSE:HUN)

Keeley Teton Advisors LLC lessened its holdings in Huntsman Co. (NYSE:HUN - Free Report) by 21.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,257 shares of the basic materials company's stock after selling 25,889 shares during the period. Keeley Teton Advisors LLC owned 0.06% of Huntsman worth $1,754,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Icon Advisers Inc. Co. increased its position in shares of Huntsman by 86.3% during the 4th quarter. Icon Advisers Inc. Co. now owns 136,000 shares of the basic materials company's stock worth $2,452,000 after purchasing an additional 63,000 shares in the last quarter. Mariner LLC increased its stake in Huntsman by 10.0% during the 4th quarter. Mariner LLC now owns 13,550 shares of the basic materials company's stock worth $244,000 after purchasing an additional 1,233 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in shares of Huntsman by 57.7% in the fourth quarter. Sterling Capital Management LLC now owns 9,821 shares of the basic materials company's stock valued at $177,000 after purchasing an additional 3,593 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Huntsman in the 4th quarter valued at approximately $5,475,000. Finally, Legal & General Group Plc increased its stake in Huntsman by 0.6% in the 4th quarter. Legal & General Group Plc now owns 312,035 shares of the basic materials company's stock valued at $5,626,000 after buying an additional 1,905 shares during the last quarter. 84.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HUN. Mizuho reduced their target price on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th. Morgan Stanley cut their price target 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. Alembic Global Advisors cut shares of Huntsman from an "overweight" rating to a "neutral" rating in a report on Wednesday, January 15th. The Goldman Sachs Group cut their target price on Huntsman from $22.00 to $19.00 and set a "sell" rating for the company in a research note on Wednesday, March 5th. Finally, JPMorgan Chase & Co. reduced their price objective on Huntsman from $25.00 to $22.00 and set an "overweight" rating for the company in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $17.67.

Huntsman Price Performance

Shares of Huntsman stock traded up $0.18 on Friday, hitting $13.03. The company's stock had a trading volume of 2,705,288 shares, compared to its average volume of 2,351,578. 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 company has a market capitalization of $2.26 billion, a price-to-earnings ratio of -11.84 and a beta of 0.85. Huntsman Co. has a 1 year low of $11.90 and a 1 year high of $25.92. The firm has a fifty day moving average price of $15.94 and a 200-day moving average price of $18.37.

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

Huntsman Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 7.68%. The ex-dividend date was Friday, March 14th. Huntsman's dividend payout ratio (DPR) is -90.91%.

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.