Huntsman Co. (NYSE:HUN) Shares Purchased by Natixis

Natixis raised its position in Huntsman Co. (NYSE:HUN - Free Report) by 93,481.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,811 shares of the basic materials company's stock after purchasing an additional 104,699 shares during the quarter. Natixis owned about 0.06% of Huntsman worth $1,890,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. R Squared Ltd purchased a new position in Huntsman in the fourth quarter worth approximately $40,000. Quadrant Capital Group LLC boosted its stake in Huntsman by 74.9% during the fourth quarter. Quadrant Capital Group LLC now owns 2,232 shares of the basic materials company's stock worth $40,000 after buying an additional 956 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in shares of Huntsman during the fourth quarter valued at about $60,000. Signaturefd LLC boosted its position in shares of Huntsman by 174.5% during the 4th quarter. Signaturefd LLC now owns 4,386 shares of the basic materials company's stock worth $79,000 after purchasing an additional 2,788 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Huntsman in the fourth quarter valued at approximately $91,000. Hedge funds and other institutional investors own 84.81% of the company's stock.

Huntsman Trading Down 0.2 %

HUN stock traded down $0.02 during midday trading on Friday, hitting $13.34. The stock had a trading volume of 2,491,009 shares, compared to its average volume of 2,417,010. The company's 50-day moving average price is $15.46 and its 200 day moving average price is $17.93. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.36 and a quick ratio of 0.83. The firm has a market cap of $2.32 billion, a PE ratio of -12.13 and a beta of 0.85. Huntsman Co. has a 12-month low of $11.90 and a 12-month high of $25.92.

Huntsman (NYSE:HUN - Get Free Report) last announced its quarterly earnings data 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. On average, equities research analysts predict that Huntsman Co. will post 0.32 earnings per share for the current fiscal year.

Huntsman Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.00 annualized dividend and a dividend yield of 7.50%. Huntsman's dividend payout ratio is presently -90.91%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. The Goldman Sachs Group cut their price target on shares of Huntsman from $22.00 to $19.00 and set a "sell" rating on the stock in a research note on Wednesday, March 5th. Mizuho reduced their target price 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. Bank of America downgraded shares of Huntsman from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $22.00 to $15.00 in a research note on Tuesday, April 15th. UBS Group reduced their price objective on Huntsman from $18.00 to $13.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Finally, Alembic Global Advisors downgraded Huntsman from an "overweight" rating to a "neutral" rating in a report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $17.67.

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.