Huntsman Co. (NYSE:HUN) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC trimmed its holdings in shares of Huntsman Co. (NYSE:HUN) by 21.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,257 shares of the basic materials company’s stock after selling 25,889 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Huntsman were worth $1,754,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HUN. Wealth Enhancement Advisory Services LLC increased its position in shares of 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 valued at $686,000 after acquiring an additional 674 shares during the last quarter. Quadrant Capital Group LLC increased its holdings 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 purchasing an additional 956 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Huntsman by 4.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 31,694 shares of the basic materials company’s stock valued at $571,000 after purchasing an additional 1,212 shares during the period. Mariner LLC lifted its stake 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 purchasing an additional 1,233 shares in the last quarter. Finally, EMC Capital Management boosted its position 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 buying an additional 1,821 shares during the period. 84.81% of the stock is currently owned by hedge funds and other institutional investors.

Huntsman Price Performance

Shares of HUN opened at $13.10 on Wednesday. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of -11.90 and a beta of 0.85. The firm’s fifty day simple moving average is $16.10 and its 200-day simple moving average is $18.49. Huntsman Co. has a twelve month low of $11.90 and a twelve 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.

Huntsman (NYSE:HUN) last announced its quarterly earnings results on Monday, February 17th. The basic materials company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $1.45 billion. Equities analysts forecast that Huntsman Co. will post 0.32 EPS for the current fiscal year.

Huntsman Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, March 14th. This represents a $1.00 dividend on an annualized basis and a yield of 7.64%. Huntsman’s payout ratio is currently -90.91%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HUN. Wells Fargo & Company lowered their target price on Huntsman from $20.00 to $17.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. Citigroup lowered their price objective on shares of Huntsman from $19.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, April 4th. Bank of America downgraded shares of Huntsman from a “buy” rating to a “neutral” rating and cut their target price for the stock from $22.00 to $15.00 in a research note on Tuesday. The Goldman Sachs Group decreased their price target 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. Finally, Mizuho cut their price objective on Huntsman from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.