Oxford Asset Management LLP Purchases New Position in Huntsman Co. (NYSE:HUN)

Oxford Asset Management LLP acquired a new position in shares of Huntsman Co. (NYSE:HUN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,478 shares of the basic materials company's stock, valued at approximately $369,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. R Squared Ltd purchased a new stake in shares of Huntsman during the fourth quarter valued at approximately $40,000. Quadrant Capital Group LLC increased its holdings in shares of Huntsman by 74.9% during the fourth quarter. Quadrant Capital Group LLC now owns 2,232 shares of the basic materials company's stock valued at $40,000 after acquiring an additional 956 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Huntsman in the fourth quarter worth about $60,000. Signaturefd LLC raised its holdings in Huntsman by 174.5% in the fourth quarter. Signaturefd LLC now owns 4,386 shares of the basic materials company's stock worth $79,000 after buying an additional 2,788 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in Huntsman in the fourth quarter worth about $91,000. Hedge funds and other institutional investors own 84.81% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on HUN shares. Bank of America cut shares of Huntsman from a "buy" rating to a "neutral" rating and reduced their target price for the company from $22.00 to $15.00 in a report on Tuesday, April 15th. Royal Bank of Canada upped their target price on shares of Huntsman from $17.00 to $18.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 20th. Mizuho lowered their price objective on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th. Morgan Stanley lowered their price objective on shares of Huntsman from $24.00 to $20.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their target price on Huntsman from $25.00 to $22.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $17.67.

Huntsman Stock Down 1.4 %

HUN stock traded down $0.19 during mid-day trading on Wednesday, reaching $13.27. The company had a trading volume of 4,141,694 shares, compared to its average volume of 2,438,965. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of -12.06 and a beta of 0.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.83 and a current ratio of 1.36. Huntsman Co. has a fifty-two week low of $11.90 and a fifty-two week high of $25.92. The firm has a fifty day simple moving average of $15.20 and a 200 day simple moving average of $17.71.

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

Huntsman Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 7.54%. The ex-dividend date was Friday, March 14th. Huntsman's payout ratio is currently -90.91%.

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.