Gamco Investors INC. ET AL Has $2.09 Million Stock Holdings in Huntsman Co. (NYSE:HUN)

Gamco Investors INC. ET AL boosted its holdings in shares of Huntsman Co. (NYSE:HUN) by 5.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 116,000 shares of the basic materials company’s stock after acquiring an additional 6,000 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Huntsman were worth $2,091,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its position in Huntsman by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 38,070 shares of the basic materials company’s stock worth $686,000 after purchasing an additional 674 shares during the period. Quadrant Capital Group LLC grew its stake in Huntsman by 74.9% in the 4th quarter. Quadrant Capital Group LLC now owns 2,232 shares of the basic materials company’s stock valued at $40,000 after buying an additional 956 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Huntsman by 4.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 31,694 shares of the basic materials company’s stock valued at $571,000 after acquiring an additional 1,212 shares during the period. Mariner LLC lifted its position in Huntsman by 10.0% during the fourth quarter. Mariner LLC now owns 13,550 shares of the basic materials company’s stock worth $244,000 after acquiring an additional 1,233 shares during the last quarter. Finally, EMC Capital Management boosted its holdings in shares of Huntsman by 21.5% during the fourth quarter. EMC Capital Management now owns 10,288 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 1,821 shares during the period. 84.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price target on Huntsman from $25.00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, February 19th. UBS Group reduced their target price on shares of Huntsman from $18.00 to $13.00 and set a “neutral” rating for the company in a research report on Monday, April 7th. Morgan Stanley lowered their price target on shares of Huntsman from $24.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Alembic Global Advisors downgraded shares of Huntsman from an “overweight” rating to a “neutral” rating in a report on Wednesday, January 15th. Finally, Citigroup lowered their target price on shares of Huntsman from $19.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Huntsman currently has a consensus rating of “Hold” and a consensus target price of $17.67.

Huntsman Price Performance

Shares of NYSE:HUN opened at $13.03 on Friday. The firm has a 50 day moving average of $16.02 and a 200-day moving average of $18.45. Huntsman Co. has a 12 month low of $11.90 and a 12 month high of $25.92. 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 stock has a market capitalization of $2.26 billion, a PE ratio of -11.84 and a beta of 0.85.

Huntsman (NYSE:HUN) last released its earnings results on Monday, February 17th. The basic materials company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.18). Huntsman had a negative return on equity of 0.39% and a negative net margin of 3.13%. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. On average, equities research analysts predict that Huntsman Co. will post 0.32 EPS for the current fiscal year.

Huntsman Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 7.68%. The ex-dividend date was Friday, March 14th. Huntsman’s dividend payout ratio (DPR) is presently -90.91%.

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.