Gideon Capital Advisors Inc. Has $346,000 Stake in Huntsman Co. (HUN)

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Gideon Capital Advisors Inc. lifted its position in shares of Huntsman Co. (NYSE:HUN) by 34.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,943 shares of the basic materials company’s stock after purchasing an additional 4,581 shares during the period. Gideon Capital Advisors Inc.’s holdings in Huntsman were worth $346,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in shares of Huntsman by 30.5% during the fourth quarter. IFP Advisors Inc now owns 2,069 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 484 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in Huntsman by 5.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 13,549 shares of the basic materials company’s stock worth $261,000 after buying an additional 677 shares in the last quarter. Lindbrook Capital LLC bought a new position in Huntsman in the fourth quarter worth about $26,000. Oppenheimer Asset Management Inc. bought a new position in Huntsman in the fourth quarter worth about $27,000. Finally, First Interstate Bank raised its stake in Huntsman by 215.6% in the fourth quarter. First Interstate Bank now owns 2,200 shares of the basic materials company’s stock worth $42,000 after buying an additional 1,503 shares in the last quarter. Institutional investors own 75.41% of the company’s stock.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Huntsman from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. ValuEngine raised shares of Huntsman from a “strong sell” rating to a “sell” rating in a research note on Friday, March 1st. JPMorgan Chase & Co. downgraded shares of Huntsman from an “overweight” rating to a “neutral” rating and set a $24.00 price target for the company. in a research note on Wednesday, February 13th. KeyCorp decreased their price target on shares of Huntsman from $36.00 to $32.00 and set an “overweight” rating for the company in a research note on Monday, December 3rd. Finally, Alembic Global Advisors downgraded shares of Huntsman from an “overweight” rating to a “neutral” rating in a research note on Monday, December 31st. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. Huntsman presently has an average rating of “Hold” and an average target price of $32.23.

Shares of NYSE HUN opened at $23.46 on Friday. Huntsman Co. has a fifty-two week low of $17.58 and a fifty-two week high of $33.55. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 7.02, a price-to-earnings-growth ratio of 0.98 and a beta of 2.27. The company has a quick ratio of 1.13, a current ratio of 1.84 and a debt-to-equity ratio of 0.81.

Huntsman (NYSE:HUN) last announced its earnings results on Tuesday, February 12th. The basic materials company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.03). Huntsman had a net margin of 3.59% and a return on equity of 22.21%. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the prior year, the business posted $0.76 EPS. Huntsman’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, sell-side analysts anticipate that Huntsman Co. will post 2.89 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.1625 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Thursday, March 14th. Huntsman’s dividend payout ratio is 19.46%.

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About Huntsman

Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products.

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Institutional Ownership by Quarter for Huntsman (NYSE:HUN)

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