42,127 Shares in Huntsman Co. (NYSE:HUN) Bought by Radnor Capital Management LLC

Radnor Capital Management LLC acquired a new position in shares of Huntsman Co. (NYSE:HUN - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 42,127 shares of the basic materials company's stock, valued at approximately $1,019,000.

A number of other institutional investors also recently bought and sold shares of HUN. 1832 Asset Management L.P. raised its position in Huntsman by 753.2% during the first quarter. 1832 Asset Management L.P. now owns 2,867,920 shares of the basic materials company's stock worth $74,652,000 after acquiring an additional 2,531,800 shares during the last quarter. AQR Capital Management LLC raised its position 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 worth $32,138,000 after purchasing an additional 1,124,113 shares during the last quarter. Victory Capital Management Inc. raised its position 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 worth $53,701,000 after purchasing an additional 811,099 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Huntsman during the 1st quarter valued at $10,523,000. Finally, Marshall Wace LLP increased its position in Huntsman by 45.0% during the second quarter. Marshall Wace LLP now owns 1,213,629 shares of the basic materials company's stock worth $27,634,000 after buying an additional 376,423 shares in the last quarter. 84.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Huntsman Trading Up 1.2 %

HUN stock traded up $0.26 on Thursday, hitting $21.14. 2,521,945 shares of the company were exchanged, compared to its average volume of 1,901,106. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 0.77. The stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of -30.64 and a beta of 1.02. Huntsman Co. has a twelve month low of $19.90 and a twelve month high of $27.01. The business's fifty day moving average is $22.71 and its two-hundred day moving average is $23.03.

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

Huntsman Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend is Friday, December 13th. Huntsman's payout ratio is currently -144.93%.

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.