49,748 Shares in Huntsman Co. (NYSE:HUN) Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new position in shares of Huntsman Co. (NYSE:HUN - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 49,748 shares of the basic materials company's stock, valued at approximately $897,000.

A number of other institutional investors have also recently bought and sold shares of HUN. Ieq Capital LLC boosted its stake in shares of Huntsman by 390.7% during the 4th quarter. Ieq Capital LLC now owns 79,230 shares of the basic materials company's stock worth $1,429,000 after acquiring an additional 63,085 shares during the period. New York State Common Retirement Fund boosted its position in Huntsman by 41.2% during the fourth quarter. New York State Common Retirement Fund now owns 372,799 shares of the basic materials company's stock worth $6,722,000 after purchasing an additional 108,715 shares during the period. Sanctuary Advisors LLC boosted its position in Huntsman by 40.5% during the fourth quarter. Sanctuary Advisors LLC now owns 31,306 shares of the basic materials company's stock worth $541,000 after purchasing an additional 9,025 shares during the period. State of New Jersey Common Pension Fund D raised its position in shares of Huntsman by 20.2% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 108,484 shares of the basic materials company's stock valued at $1,956,000 after purchasing an additional 18,198 shares during the period. Finally, Empowered Funds LLC lifted its stake in shares of Huntsman by 10.0% during the 4th quarter. Empowered Funds LLC now owns 34,950 shares of the basic materials company's stock worth $630,000 after buying an additional 3,167 shares during the last quarter. Institutional investors and hedge funds own 84.81% of the company's stock.

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Analyst Upgrades and Downgrades

A number of research analysts recently commented on HUN shares. Wells Fargo & Company decreased 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. Alembic Global Advisors lowered Huntsman from an "overweight" rating to a "neutral" rating in a research note on Wednesday, January 15th. JPMorgan Chase & Co. reduced their price target on Huntsman from $25.00 to $22.00 and set an "overweight" rating for the company in a research note on Wednesday, February 19th. Mizuho lowered their price objective on Huntsman from $23.00 to $21.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Finally, Royal Bank of Canada lifted their target price on Huntsman from $17.00 to $18.00 and gave the stock a "sector perform" rating in a report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $21.63.

Huntsman Price Performance

Shares of NYSE:HUN traded down $0.90 during trading on Monday, reaching $16.03. 1,901,662 shares of the company traded hands, compared to its average volume of 2,026,887. The firm has a market capitalization of $2.77 billion, a PE ratio of -14.57 and a beta of 0.95. Huntsman Co. has a 52 week low of $15.67 and a 52 week high of $27.01. The company has a quick ratio of 0.83, a current ratio of 1.36 and a debt-to-equity ratio of 0.48. The company's 50 day moving average is $17.28 and its two-hundred day moving average is $19.98.

Huntsman (NYSE:HUN - Get Free Report) last posted its quarterly earnings data on Monday, February 17th. The basic materials company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.18). The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. Huntsman had a negative return on equity of 0.39% and a negative net margin of 3.13%. As a group, sell-side analysts predict that Huntsman Co. will post 0.32 earnings per share for the current year.

Huntsman Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.00 annualized dividend and a yield of 6.24%. Huntsman's dividend 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.