6 days Ago By ABMN Staff
Geode Capital Management LLC reduced its stake in shares of Huntsman Co. ( NYSE:HUN – Free Report ) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 2,563,872 shares of the basic materials company’s stock after selling 19,650 shares during the period. Geode Capital Management LLC owned 1.48% of Huntsman worth $46,242,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of HUN. Vanguard Group Inc. boosted its position in Huntsman by 0.
8% during the fourth quarter. Vanguard Group Inc. now owns 16,482,011 shares of the basic materials company’s stock worth $297,171,000 after acquiring an additional 130,702 shares during the last quarter.
Charles Schwab Investment Management Inc. boosted its holdings in shares of Huntsman by 6.5% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 5,686,557 shares of the basic materials company’s stock worth $102,529,000 after purchasing an additional 349,502 shares during the last quarter. Pzena Investment Management LLC grew its position in shares of Huntsman by 320.
2% in the fourth quarter. Pzena Investment Management LLC now owns 4,695,678 shares of the basic materials company’s stock valued at $84,663,000 after purchasing an additional 3,578,100 shares during the period. State Street Corp increased its stake in Huntsman by 2.
2% in the third quarter. State Street Corp now owns 3,301,850 shares of the basic materials company’s stock valued at $79,905,000 after purchasing an additional 70,382 shares during the last quarter. Finally, Norges Bank acquired a new position in Huntsman in the fourth quarter valued at $37,464,000.
Hedge funds and other institutional investors own 84.81% of the company’s stock. Huntsman Trading Up 0.
6 % NYSE:HUN opened at $13.73 on Tuesday. Huntsman Co.
has a 12 month low of $11.90 and a 12 month high of $25.92.
The business’s 50-day moving average is $16.19 and its two-hundred day moving average is $18.53.
The company has a debt-to-equity ratio of 0.48, a current ratio of 1.36 and a quick ratio of 0.
83. The firm has a market capitalization of $2.39 billion, a PE ratio of -12.
48 and a beta of 0.85. 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 issued a dividend of $0.25 per share. This represents a $1.
00 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend was Friday, March 14th.
Huntsman’s payout ratio is -90.91%. Wall Street Analysts Forecast Growth Several analysts have commented on the company.
UBS Group lowered their price target on Huntsman from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Monday, April 7th.
Citigroup dropped their price target on shares of Huntsman from $19.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, April 4th.
The Goldman Sachs Group cut their price target on shares of Huntsman from $22.00 to $19.00 and set a “sell” rating on the stock in a research note on Wednesday, March 5th.
Royal Bank of Canada boosted their price objective on shares of Huntsman from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Thursday, February 20th.
Finally, Mizuho cut their target price on Huntsman from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th.
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’s stock. According to data from MarketBeat.com, Huntsman presently has a consensus rating of “Hold” and a consensus target price of $18.
00. Read Our Latest Analysis on Huntsman Huntsman Profile ( Free Report ) 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. See Also Receive News & Ratings for Huntsman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntsman and related companies with MarketBeat.com's FREE daily email newsletter .
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