Huntsman Corporation (NYSE:HUN) Shares Purchased by Cwm LLC

CWM LLC grew its position in shares of Huntsman Corporation (NYSE:HUN - Free Report) by 1,508.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 249,450 shares of the basic materials company's stock after acquiring an additional 233,940 shares during the quarter. CWM LLC owned about 0.14% of Huntsman worth $3,939,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Huntsman by 0.8% in the 4th 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. Nomura Holdings Inc. boosted its position in shares of Huntsman by 188.3% during the fourth quarter. Nomura Holdings Inc. now owns 3,269,000 shares of the basic materials company's stock valued at $58,940,000 after buying an additional 2,135,000 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in Huntsman by 2.7% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 3,138,234 shares of the basic materials company's stock valued at $56,582,000 after purchasing an additional 82,967 shares during the period. Deprince Race & Zollo Inc. grew its holdings in shares of Huntsman by 70.2% in the fourth quarter. Deprince Race & Zollo Inc. now owns 2,762,907 shares of the basic materials company's stock worth $49,815,000 after acquiring an additional 1,139,549 shares during the period. Finally, Millennium Management LLC grew its position in Huntsman by 18.5% during the fourth quarter. Millennium Management LLC now owns 2,268,158 shares of the basic materials company's stock valued at $40,895,000 after buying an additional 354,691 shares during the period. 84.81% of the stock is owned by institutional investors.

Huntsman Stock Up 0.3%

Huntsman stock traded up $0.03 during mid-day trading on Friday, reaching $11.33. The company's stock had a trading volume of 3,223,279 shares, compared to its average volume of 2,904,938. Huntsman Corporation has a 12 month low of $10.13 and a 12 month high of $25.12. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.82 and a current ratio of 1.48. The business's 50 day simple moving average is $11.36 and its 200 day simple moving average is $14.21. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of -12.45 and a beta of 0.70.

Huntsman (NYSE:HUN - Get Free Report) last issued its earnings results on Thursday, May 1st. The basic materials company reported ($0.11) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.11). Huntsman had a negative return on equity of 0.65% and a negative net margin of 2.63%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the business posted ($0.06) EPS. The company's revenue was down 4.1% compared to the same quarter last year. As a group, research analysts anticipate that Huntsman Corporation will post 0.32 earnings per share for the current year.

Huntsman Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date of this dividend was Friday, June 13th. Huntsman's payout ratio is -109.89%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HUN. Bank of America downgraded shares of Huntsman from a "buy" rating to a "neutral" rating and cut their price target for the company from $22.00 to $15.00 in a report on Tuesday, April 15th. Royal Bank Of Canada reduced their target price on Huntsman from $15.00 to $12.00 and set a "sector perform" rating on the stock in a research report on Monday, May 5th. Morgan Stanley lowered their price target on Huntsman from $20.00 to $13.50 and set an "equal weight" rating for the company in a research report on Monday, May 5th. Wall Street Zen cut Huntsman from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Finally, The Goldman Sachs Group decreased their price objective on shares of Huntsman from $13.50 to $12.00 and set a "sell" rating on the stock in a report on Tuesday, July 8th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $13.17.

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.