Huntsman Co. (NYSE:HUN) Shares Purchased by Versor Investments LP

Versor Investments LP grew its holdings in shares of Huntsman Co. (NYSE:HUN - Free Report) by 165.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,100 shares of the basic materials company's stock after buying an additional 17,500 shares during the period. Versor Investments LP's holdings in Huntsman were worth $507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. R Squared Ltd purchased a new position in Huntsman during the 4th quarter valued at $40,000. True Wealth Design LLC bought a new stake in Huntsman during the 3rd quarter valued at approximately $62,000. Capital Performance Advisors LLP purchased a new position in shares of Huntsman during the 3rd quarter worth approximately $78,000. KBC Group NV raised its position in shares of Huntsman by 95.3% in the 4th quarter. KBC Group NV now owns 9,232 shares of the basic materials company's stock worth $166,000 after acquiring an additional 4,506 shares in the last quarter. Finally, Matrix Trust Co boosted its position in shares of Huntsman by 853.7% during the fourth quarter. Matrix Trust Co now owns 9,661 shares of the basic materials company's stock valued at $174,000 after purchasing an additional 8,648 shares in the last quarter. Institutional investors own 84.81% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HUN. JPMorgan Chase & Co. cut their price objective on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a report on Wednesday, February 19th. Royal Bank of Canada raised their price target on Huntsman from $17.00 to $18.00 and gave the company a "sector perform" rating in a report on Thursday, February 20th. Wells Fargo & Company dropped their price target on shares of Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 19th. Mizuho decreased their price objective on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Finally, Citigroup lowered their target price on shares of Huntsman from $22.00 to $19.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Huntsman currently has an average rating of "Hold" and a consensus price target of $20.50.

Huntsman Stock Performance

Shares of NYSE:HUN traded up $1.25 on Wednesday, hitting $17.29. 2,954,044 shares of the company were exchanged, compared to its average volume of 2,044,030. The company has a current ratio of 1.36, a quick ratio of 0.83 and a debt-to-equity ratio of 0.48. The stock's 50 day moving average price is $17.20 and its 200 day moving average price is $19.92. Huntsman Co. has a 1-year low of $15.46 and a 1-year high of $27.01. The firm has a market capitalization of $2.99 billion, a P/E ratio of -15.72 and a beta of 0.95.

Huntsman (NYSE:HUN - Get Free Report) last announced its quarterly earnings data on Monday, February 17th. The basic materials company reported ($0.25) earnings per share 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 firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.45 billion. Sell-side analysts predict that Huntsman Co. will post 0.32 EPS for the current year.

Huntsman Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.78%. The ex-dividend date of this dividend is Friday, March 14th. Huntsman's payout ratio is currently -90.91%.

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.