Wealth Enhancement Advisory Services LLC Has $905,000 Stake in Huntsman Co. (NYSE:HUN)

Wealth Enhancement Advisory Services LLC boosted its holdings in Huntsman Co. (NYSE:HUN - Free Report) by 257.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,396 shares of the basic materials company's stock after acquiring an additional 26,934 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Huntsman were worth $905,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Matrix Trust Co acquired a new position in Huntsman in the third quarter valued at about $25,000. Fidelis Capital Partners LLC acquired a new position in Huntsman in the first quarter valued at about $45,000. nVerses Capital LLC boosted its position in Huntsman by 1,250.0% in the second quarter. nVerses Capital LLC now owns 2,700 shares of the basic materials company's stock valued at $61,000 after buying an additional 2,500 shares in the last quarter. Innealta Capital LLC acquired a new position in Huntsman in the second quarter valued at about $65,000. Finally, Quarry LP boosted its position in Huntsman by 64.8% in the second quarter. Quarry LP now owns 3,664 shares of the basic materials company's stock valued at $83,000 after buying an additional 1,441 shares in the last quarter. Institutional investors own 84.81% of the company's stock.

Huntsman Trading Up 0.7 %

NYSE:HUN traded up $0.14 during trading hours on Wednesday, hitting $20.88. The stock had a trading volume of 3,725,719 shares, compared to its average volume of 1,897,141. Huntsman Co. has a one year low of $19.90 and a one year high of $27.01. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.77 and a current ratio of 1.30. The company has a market cap of $3.61 billion, a price-to-earnings ratio of -43.16 and a beta of 1.02. The business's 50 day moving average is $22.74 and its 200-day moving average is $23.06.

Huntsman (NYSE:HUN - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. Huntsman had a negative net margin of 1.44% and a positive return on equity of 0.26%. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the prior year, the firm earned $0.15 earnings per share. The firm's revenue was up 2.3% compared to the same quarter last year. Sell-side analysts anticipate that Huntsman Co. will post 0.19 EPS for the current fiscal year.

Huntsman Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.79%. Huntsman's dividend payout ratio is -200.00%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Royal Bank of Canada upped 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. UBS Group cut their price objective on shares of Huntsman from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday. Wells Fargo & Company cut their price objective on shares of Huntsman from $26.00 to $25.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, JPMorgan Chase & Co. cut their price objective on shares of Huntsman from $27.00 to $25.00 and set an "overweight" rating on the stock in a report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $25.75.

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.