Susquehanna Fundamental Investments LLC Makes New Investment in Huntsman Co. (NYSE:HUN)

Susquehanna Fundamental Investments LLC bought a new position in shares of Huntsman Co. (NYSE:HUN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 253,575 shares of the basic materials company's stock, valued at approximately $4,572,000. Susquehanna Fundamental Investments LLC owned 0.15% of Huntsman at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Huntsman by 0.8% during 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Huntsman by 6.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,686,557 shares of the basic materials company's stock valued at $102,529,000 after purchasing an additional 349,502 shares in the last quarter. Pzena Investment Management LLC boosted its holdings in shares of Huntsman by 320.2% in the 4th quarter. Pzena Investment Management LLC now owns 4,695,678 shares of the basic materials company's stock valued at $84,663,000 after purchasing an additional 3,578,100 shares in the last quarter. Norges Bank bought a new position in shares of Huntsman in the 4th quarter valued at $37,464,000. Finally, Marshall Wace LLP raised its holdings in shares of Huntsman by 61.3% during the 4th quarter. Marshall Wace LLP now owns 1,712,163 shares of the basic materials company's stock worth $30,870,000 after buying an additional 650,951 shares in the last quarter. 84.81% of the stock is currently owned by institutional investors and hedge funds.

Huntsman Trading Up 0.5 %

Shares of Huntsman stock traded up $0.07 during trading on Thursday, hitting $13.38. The company's stock had a trading volume of 5,286,419 shares, compared to its average volume of 2,451,460. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of -12.16 and a beta of 0.85. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.36 and a quick ratio of 0.83. Huntsman Co. has a 52 week low of $11.90 and a 52 week high of $25.92. The stock has a 50-day moving average price of $15.11 and a two-hundred day moving average price of $17.64.

Huntsman (NYSE:HUN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The basic materials company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.02). Huntsman had a negative net margin of 3.13% and a negative return on equity of 0.39%. The firm's quarterly revenue was down 4.1% on a year-over-year basis. During the same period last year, the firm posted ($0.06) earnings per share. Equities research analysts anticipate that Huntsman Co. will post 0.32 EPS for the current fiscal year.

Huntsman Dividend Announcement

The company 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. This represents a $1.00 annualized dividend and a yield of 7.48%. Huntsman's payout ratio is -90.91%.

Analyst Ratings Changes

Several brokerages have commented on HUN. Bank of America downgraded Huntsman from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $22.00 to $15.00 in a research note on Tuesday, April 15th. The Goldman Sachs Group lowered their price objective on shares of Huntsman from $22.00 to $19.00 and set a "sell" rating for the company in a research report on Wednesday, March 5th. Mizuho cut their target price on shares of Huntsman from $23.00 to $21.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Morgan Stanley lowered their price target on shares of Huntsman from $24.00 to $20.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Finally, Alembic Global Advisors cut Huntsman from an "overweight" rating to a "neutral" rating in a research note on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $17.67.

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.