Huntsman Co. (NYSE:HUN) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its position in shares of Huntsman Co. (NYSE:HUN - Free Report) by 20.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 117,704 shares of the basic materials company's stock after buying an additional 19,601 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.07% of Huntsman worth $2,093,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. R Squared Ltd purchased a new stake in shares of Huntsman in the fourth quarter valued at approximately $40,000. True Wealth Design LLC purchased a new stake in shares of Huntsman in the third quarter valued at approximately $62,000. Capital Performance Advisors LLP acquired a new position in Huntsman during the third quarter worth $78,000. Rossmore Private Capital acquired a new position in Huntsman during the third quarter worth $202,000. Finally, MidWestOne Financial Group Inc. acquired a new position in Huntsman during the third quarter worth $203,000. 84.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HUN has been the subject of several research reports. UBS Group reduced their price objective on Huntsman from $24.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, November 5th. Citigroup reduced their price objective on Huntsman from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, December 18th. Royal Bank of Canada reduced their price objective on Huntsman from $23.00 to $20.00 and set a "sector perform" rating for the company in a report on Thursday, December 19th. Alembic Global Advisors cut Huntsman from an "overweight" rating to a "neutral" rating in a report on Wednesday, January 15th. Finally, Wells Fargo & Company cut their price target on Huntsman from $26.00 to $25.00 and set an "overweight" rating for the company in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, Huntsman has a consensus rating of "Hold" and a consensus price target of $22.63.

Huntsman Trading Down 0.0 %

Shares of NYSE:HUN traded down $0.01 during midday trading on Friday, reaching $16.97. The company's stock had a trading volume of 4,397,613 shares, compared to its average volume of 2,754,964. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of -24.60 and a beta of 0.95. The company has a quick ratio of 0.83, a current ratio of 1.47 and a debt-to-equity ratio of 0.45. Huntsman Co. has a 1 year low of $15.67 and a 1 year high of $27.01. The business has a 50 day moving average price of $17.58 and a 200 day moving average price of $20.28.

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.