Mary C. Beckerle Sells 20,201 Shares of Huntsman Co. (NYSE:HUN) Stock

Huntsman Co. (NYSE:HUN - Get Free Report) Director Mary C. Beckerle sold 20,201 shares of Huntsman stock in a transaction on Wednesday, November 6th. The stock was 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 SEC, which can be accessed through the SEC website.

Huntsman Price Performance

HUN stock traded down $0.85 during trading on Friday, hitting $20.29. The company had a trading volume of 3,159,220 shares, compared to its average volume of 1,659,900. Huntsman Co. has a fifty-two week low of $19.90 and a fifty-two week high of $27.01. The company has a fifty day moving average price of $22.67 and a two-hundred day moving average price of $23.00. The company has a current ratio of 1.47, a quick ratio of 0.77 and a debt-to-equity ratio of 0.45. The company has a market cap of $3.51 billion, a P/E ratio of -29.41 and a beta of 1.02.

Huntsman (NYSE:HUN - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.10. The firm had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.55 billion. Huntsman had a negative net margin of 1.99% and a negative return on equity of 0.03%. The business's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 earnings per share. Equities research analysts expect that Huntsman Co. will post 0.19 earnings per share for the current fiscal year.

Huntsman Announces Dividend

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 issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend is Friday, December 13th. Huntsman's dividend payout ratio is -144.93%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of HUN. Allspring Global Investments Holdings LLC increased its position in shares of Huntsman by 1.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 6,657,819 shares of the basic materials company's stock worth $151,599,000 after buying an additional 97,082 shares during the period. Millennium Management LLC lifted its position in shares of Huntsman by 5.2% during the 2nd quarter. Millennium Management LLC now owns 4,891,928 shares of the basic materials company's stock valued at $111,389,000 after buying an additional 243,821 shares during the last quarter. 1832 Asset Management L.P. lifted its position in shares of Huntsman by 54.0% during the second quarter. 1832 Asset Management L.P. now owns 4,415,264 shares of the basic materials company's stock worth $100,536,000 after acquiring an additional 1,547,344 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Huntsman by 9.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,408,592 shares of the basic materials company's stock worth $62,697,000 after acquiring an additional 203,396 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in shares of Huntsman by 52.4% in the 2nd quarter. Victory Capital Management Inc. now owns 2,358,390 shares of the basic materials company's stock valued at $53,701,000 after acquiring an additional 811,099 shares in the last quarter. Institutional investors own 84.81% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HUN. UBS Group dropped their price objective on Huntsman from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday. Royal Bank of Canada raised their price objective on shares of Huntsman from $21.00 to $24.00 and gave the stock a "sector perform" rating in a report on Friday, October 11th. Wells Fargo & Company lowered their price objective on Huntsman from $26.00 to $25.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. cut their target price on shares of Huntsman from $27.00 to $25.00 and set an "overweight" rating on the stock in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $25.75.

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.