BNP Paribas Financial Markets Has $7.86 Million Stock Holdings in Huntsman Co. (NYSE:HUN)

BNP Paribas Financial Markets raised its position in shares of Huntsman Co. (NYSE:HUN - Free Report) by 174.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 436,005 shares of the basic materials company's stock after purchasing an additional 277,158 shares during the period. BNP Paribas Financial Markets owned 0.25% of Huntsman worth $7,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HUN. Principal Financial Group Inc. boosted its stake in Huntsman by 10.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,342,478 shares of the basic materials company's stock valued at $32,488,000 after purchasing an additional 124,841 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Huntsman by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,070 shares of the basic materials company's stock valued at $686,000 after purchasing an additional 674 shares during the period. Matrix Trust Co boosted its stake in Huntsman by 853.7% during the 4th 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 during the period. Oak Thistle LLC acquired a new position in Huntsman during the 4th quarter valued at about $594,000. Finally, Merit Financial Group LLC acquired a new position in Huntsman during the 4th quarter valued at about $395,000. 84.81% of the stock is owned by institutional investors and hedge funds.

Huntsman Price Performance

Shares of NYSE HUN traded down $0.31 during midday trading on Thursday, reaching $12.40. The company's stock had a trading volume of 4,714,382 shares, compared to its average volume of 2,563,998. 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 company has a 50 day moving average price of $14.23 and a 200 day moving average price of $16.96. Huntsman Co. has a one year low of $11.15 and a one year high of $25.78. The company has a market cap of $2.15 billion, a price-to-earnings ratio of -11.27 and a beta of 0.82.

Huntsman (NYSE:HUN - Get Free Report) last released its earnings results on Thursday, May 1st. The basic materials company reported ($0.11) EPS for the quarter, hitting analysts' consensus estimates of ($0.11). Huntsman had a negative net margin of 3.13% and a negative return on equity of 0.39%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the firm earned ($0.06) EPS. The business's revenue for the quarter was down 4.1% on a year-over-year basis. On average, equities research analysts expect that Huntsman Co. will post 0.32 EPS for the current year.

Huntsman Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.06%. Huntsman's payout ratio is currently -109.89%.

Analyst Ratings Changes

HUN has been the subject of a number of research analyst reports. Bank of America lowered shares of Huntsman from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $22.00 to $15.00 in a research note on Tuesday, April 15th. Royal Bank of Canada reduced their price target on shares of Huntsman from $15.00 to $12.00 and set a "sector perform" rating for the company in a research note on Monday, May 5th. Citigroup reduced their price target on shares of Huntsman from $19.00 to $14.00 and set a "neutral" rating for the company in a research note on Friday, April 4th. The Goldman Sachs Group reduced their price target on shares of Huntsman from $19.00 to $13.50 and set a "sell" rating for the company in a research note on Tuesday, May 6th. Finally, UBS Group reduced their price target on shares of Huntsman from $18.00 to $13.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, Huntsman presently has a consensus rating of "Hold" and an average price target of $15.00.

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.