Jump Financial LLC Has $2.60 Million Stock Holdings in Huntsman Co. (NYSE:HUN)

Jump Financial LLC cut its holdings in shares of Huntsman Co. (NYSE:HUN - Free Report) by 55.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 103,588 shares of the basic materials company's stock after selling 130,666 shares during the period. Jump Financial LLC owned approximately 0.06% of Huntsman worth $2,603,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HUN. Victory Capital Management Inc. grew its position in shares of Huntsman by 6,496.8% in the fourth quarter. Victory Capital Management Inc. now owns 1,457,882 shares of the basic materials company's stock valued at $36,637,000 after purchasing an additional 1,435,782 shares during the period. Wellington Management Group LLP raised its stake in Huntsman by 101.9% in the 3rd quarter. Wellington Management Group LLP now owns 1,792,098 shares of the basic materials company's stock valued at $43,727,000 after purchasing an additional 904,696 shares during the last quarter. Invesco Ltd. lifted its holdings in Huntsman by 14.6% in the 3rd quarter. Invesco Ltd. now owns 4,372,034 shares of the basic materials company's stock valued at $106,678,000 after purchasing an additional 556,629 shares in the last quarter. FMR LLC boosted its stake in Huntsman by 2.2% during the 3rd quarter. FMR LLC now owns 8,379,307 shares of the basic materials company's stock worth $204,455,000 after purchasing an additional 183,734 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Huntsman in the third quarter valued at about $4,268,000. Institutional investors and hedge funds own 84.81% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Wells Fargo & Company raised shares of Huntsman from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $25.00 to $32.00 in a research note on Friday, February 23rd. Stifel Nicolaus reduced their price objective on Huntsman from $30.00 to $29.00 and set a "buy" rating on the stock in a research report on Wednesday, January 24th. The Goldman Sachs Group raised their target price on Huntsman from $25.00 to $28.00 and gave the stock a "sell" rating in a research note on Tuesday, March 5th. Finally, Royal Bank of Canada boosted their price target on shares of Huntsman from $24.00 to $26.00 and gave the company a "sector perform" rating in a research report on Tuesday, May 7th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $26.73.

Huntsman Trading Down 0.4 %

Huntsman stock traded down $0.10 during trading on Monday, hitting $24.73. The company had a trading volume of 1,953,242 shares, compared to its average volume of 1,963,927. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of -47.75 and a beta of 1.14. The company has a current ratio of 1.55, a quick ratio of 0.98 and a debt-to-equity ratio of 0.49. Huntsman Co. has a 1-year low of $22.14 and a 1-year high of $29.90. The company's 50 day simple moving average is $25.07 and its 200-day simple moving average is $24.74.

Huntsman (NYSE:HUN - Get Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.06). Huntsman had a positive return on equity of 0.67% and a negative net margin of 1.49%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the business earned $0.20 EPS. The company's quarterly revenue was down 8.5% compared to the same quarter last year. As a group, analysts expect that Huntsman Co. will post 0.4 EPS for the current fiscal year.

Huntsman Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend is Friday, June 14th. Huntsman's dividend payout ratio (DPR) is currently -192.31%.

About Huntsman

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.