Susquehanna Fundamental Investments LLC Has $2.21 Million Stake in Huntsman Co. (NYSE:HUN)

Susquehanna Fundamental Investments LLC trimmed its position in shares of Huntsman Co. (NYSE:HUN - Free Report) by 49.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,145 shares of the basic materials company's stock after selling 93,400 shares during the quarter. Susquehanna Fundamental Investments LLC owned approximately 0.06% of Huntsman worth $2,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in HUN. 1832 Asset Management L.P. lifted its holdings in shares of Huntsman by 753.2% during the 1st quarter. 1832 Asset Management L.P. now owns 2,867,920 shares of the basic materials company's stock valued at $74,652,000 after buying an additional 2,531,800 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Huntsman by 75.9% during the 4th quarter. Wellington Management Group LLP now owns 3,151,535 shares of the basic materials company's stock valued at $79,198,000 after buying an additional 1,359,437 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Huntsman by 383.0% during the 2nd quarter. AQR Capital Management LLC now owns 1,417,641 shares of the basic materials company's stock valued at $32,138,000 after buying an additional 1,124,113 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Huntsman by 52.4% during 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 buying an additional 811,099 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Huntsman by 644.0% in the 4th quarter. Wells Fargo & Company MN now owns 378,667 shares of the basic materials company's stock worth $9,516,000 after purchasing an additional 448,270 shares during the last quarter. 84.81% of the stock is currently owned by institutional investors and hedge funds.

Huntsman Trading Down 0.6 %

Shares of HUN traded down $0.14 during trading hours on Tuesday, hitting $24.06. 742,691 shares of the stock traded hands, compared to its average volume of 1,927,359. The company has a current ratio of 1.30, a quick ratio of 0.77 and a debt-to-equity ratio of 0.40. Huntsman Co. has a 1-year low of $19.91 and a 1-year high of $27.01. The firm has a market capitalization of $4.16 billion, a PE ratio of -46.51 and a beta of 1.00. The business has a fifty day moving average of $22.05 and a 200-day moving average of $23.44.

Huntsman (NYSE:HUN - Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.14. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.61 billion. Huntsman had a positive return on equity of 0.26% and a negative net margin of 1.44%. Huntsman's quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the company earned $0.22 earnings per share. Analysts expect that Huntsman Co. will post 0.2 EPS for the current year.

Huntsman Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.16%. Huntsman's payout ratio is presently -192.31%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Citigroup reduced their target price on Huntsman from $26.00 to $24.00 and set a "neutral" rating for the company in a report on Thursday, June 27th. JPMorgan Chase & Co. reduced their target price on Huntsman from $27.00 to $25.00 and set an "overweight" rating for the company in a report on Wednesday, August 7th. UBS Group dropped their price target on Huntsman from $23.00 to $22.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 6th. Wells Fargo & Company lowered their price objective on Huntsman from $28.00 to $26.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 7th. Finally, Royal Bank of Canada lowered their price objective on Huntsman from $30.00 to $21.00 and set a "sector perform" rating on the stock in a research report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $25.56.

Huntsman 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.