Huntsman Co. (NYSE:HUN) Shares Sold by Trexquant Investment LP

Trexquant Investment LP lowered its stake in shares of Huntsman Co. (NYSE:HUN - Free Report) by 46.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 212,683 shares of the basic materials company's stock after selling 183,362 shares during the period. Trexquant Investment LP owned approximately 0.12% of Huntsman worth $3,835,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Principal Financial Group Inc. raised its holdings in Huntsman by 10.3% in the third quarter. Principal Financial Group Inc. now owns 1,342,478 shares of the basic materials company's stock valued at $32,488,000 after buying an additional 124,841 shares during the period. Vanguard Group Inc. raised its stake in shares of Huntsman by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 16,482,011 shares of the basic materials company's stock valued at $297,171,000 after acquiring an additional 130,702 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Huntsman by 6.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,686,557 shares of the basic materials company's stock valued at $102,529,000 after acquiring an additional 349,502 shares in the last quarter. First Hawaiian Bank purchased a new stake in Huntsman during the 4th quarter worth $569,000. Finally, Madison Investment Advisors LLC acquired a new stake in Huntsman in the 4th quarter valued at $1,338,000. Institutional investors and hedge funds own 84.81% of the company's stock.

Huntsman Stock Up 1.5 %

HUN stock traded up $0.20 during mid-day trading on Friday, hitting $13.64. 3,458,514 shares of the company were exchanged, compared to its average volume of 2,321,436. The firm has a fifty day simple moving average of $16.24 and a 200 day simple moving average of $18.65. The company has a market capitalization of $2.37 billion, a PE ratio of -12.40 and a beta of 0.85. Huntsman Co. has a twelve month low of $11.90 and a twelve month high of $25.92. The company has a current ratio of 1.36, a quick ratio of 0.83 and a debt-to-equity ratio of 0.48.

Huntsman (NYSE:HUN - Get Free Report) last posted its quarterly earnings results 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 return on equity of 0.39% and a negative net margin of 3.13%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.45 billion. On average, research analysts forecast that Huntsman Co. will post 0.32 earnings per share for the current fiscal year.

Huntsman Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 7.33%. The ex-dividend date was Friday, March 14th. Huntsman's dividend payout ratio is currently -90.91%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on HUN shares. Royal Bank of Canada boosted their price objective on Huntsman from $17.00 to $18.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 20th. Mizuho decreased their price target on Huntsman from $23.00 to $21.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Wells Fargo & Company lowered their price objective on shares of Huntsman from $20.00 to $17.00 and set an "overweight" rating for the company in a research report on Wednesday. Morgan Stanley reduced their target price on shares of Huntsman from $24.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Finally, Citigroup dropped their price target on shares of Huntsman from $19.00 to $14.00 and set a "neutral" rating on the stock in a research note on Friday, April 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $18.00.

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.