Cwm LLC Sells 219,722 Shares of Huntsman Corporation $HUN

Key Points

• Cwm LLC sold 219,722 shares of Huntsman, trimming its stake by 66.0% to 113,146 shares worth about $1.13 million (≈0.07% of the company) during the fourth quarter.
• Huntsman reported a Q4 EPS miss (‑$0.37 vs. consensus ‑$0.29) with revenue down 6.7% and negative margins, and analysts hold a consensus rating of "Reduce" with an average price target of $12.41.
• The stock recently traded at $13.71, has a 52‑week range of $7.30–$14.38, a market cap of ~$2.39 billion, and pays an annualized dividend of $0.35 for a ~2.6% yield.

Cwm LLC trimmed its stake in shares of Huntsman Corporation (NYSE:HUN - Free Report) by 66.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,146 shares of the basic materials company's stock after selling 219,722 shares during the quarter. Cwm LLC owned approximately 0.07% of Huntsman worth $1,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Foster Victor Wealth Advisors LLC grew its position in Huntsman by 8.9% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 16,335 shares of the basic materials company's stock worth $163,000 after acquiring an additional 1,332 shares during the last quarter. Kelleher Financial Advisors grew its position in Huntsman by 2,013.1% during the 4th quarter. Kelleher Financial Advisors now owns 29,013 shares of the basic materials company's stock worth $290,000 after acquiring an additional 27,640 shares during the last quarter. Pallas Capital Advisors LLC grew its position in Huntsman by 32.3% during the 4th quarter. Pallas Capital Advisors LLC now owns 36,543 shares of the basic materials company's stock worth $365,000 after acquiring an additional 8,923 shares during the last quarter. Norden Group LLC bought a new position in Huntsman during the 4th quarter worth approximately $144,000. Finally, DAVENPORT & Co LLC grew its position in Huntsman by 39.1% during the 4th quarter. DAVENPORT & Co LLC now owns 15,375 shares of the basic materials company's stock worth $154,000 after acquiring an additional 4,325 shares during the last quarter. 84.81% of the stock is currently owned by institutional investors.

Huntsman Stock Performance

Shares of HUN stock opened at $13.71 on Tuesday. The stock has a fifty day moving average of $12.70 and a 200 day moving average of $11.07. Huntsman Corporation has a 52 week low of $7.30 and a 52 week high of $14.38. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of -8.36 and a beta of 0.59. The company has a quick ratio of 0.78, a current ratio of 1.30 and a debt-to-equity ratio of 0.56.

Huntsman (NYSE:HUN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The basic materials company reported ($0.37) EPS for the quarter, missing analysts' consensus estimates of ($0.29) by ($0.08). Huntsman had a negative return on equity of 3.97% and a negative net margin of 5.00%.The business had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.34 billion. During the same period in the previous year, the business earned ($0.25) EPS. The business's revenue was down 6.7% compared to the same quarter last year. As a group, research analysts expect that Huntsman Corporation will post -0.47 earnings per share for the current year.

Huntsman Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $0.0875 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.35 dividend on an annualized basis and a yield of 2.6%. Huntsman's dividend payout ratio (DPR) is presently -21.34%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. UBS Group raised their price target on Huntsman from $12.00 to $14.00 and gave the stock a "neutral" rating in a research report on Thursday, February 19th. Wall Street Zen upgraded Huntsman from a "strong sell" rating to a "sell" rating in a research report on Saturday, April 11th. Citigroup raised their price target on Huntsman from $12.00 to $14.00 and gave the stock a "neutral" rating in a research report on Thursday, February 19th. The Goldman Sachs Group restated a "sell" rating and set a $13.00 price target on shares of Huntsman in a research report on Friday, February 20th. Finally, Alembic Global Advisors upgraded Huntsman from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $12.41.

Huntsman Profile

Huntsman Corporation is a global manufacturer and marketer of specialty chemicals with headquarters in The Woodlands, Texas. Founded in 1970 by entrepreneur Jon Huntsman Sr., the company has grown through strategic acquisitions and organic expansion to establish a broad portfolio of products serving diverse end markets. Huntsman maintains a presence in more than 30 countries, operating manufacturing facilities across North America, Europe, Asia-Pacific, Latin America and the Middle East.

The company organizes its operations into several core business segments, including Polyurethanes, Performance Products, Advanced Materials, and Textile Effects.

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