Huntsman Co. (NYSE:HUN) Holdings Lifted by Empowered Funds LLC

Empowered Funds LLC increased its holdings in Huntsman Co. (NYSE:HUN) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,950 shares of the basic materials company’s stock after acquiring an additional 3,167 shares during the period. Empowered Funds LLC’s holdings in Huntsman were worth $630,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HUN. Wealth Enhancement Advisory Services LLC lifted its position in shares of Huntsman by 1.8% in 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 in the last quarter. Shayne & Jacobs LLC increased its stake in Huntsman by 1.2% in the 3rd quarter. Shayne & Jacobs LLC now owns 94,316 shares of the basic materials company’s stock valued at $2,282,000 after buying an additional 1,140 shares during the period. Larson Financial Group LLC lifted its position in Huntsman by 14.4% in the 3rd quarter. Larson Financial Group LLC now owns 9,261 shares of the basic materials company’s stock worth $224,000 after buying an additional 1,163 shares in the last quarter. Jade Capital Advisors LLC grew its holdings in shares of Huntsman by 2.4% during the 3rd quarter. Jade Capital Advisors LLC now owns 60,000 shares of the basic materials company’s stock valued at $1,452,000 after acquiring an additional 1,430 shares in the last quarter. Finally, EMC Capital Management increased its stake in shares of Huntsman by 21.5% in 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 last quarter. 84.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HUN has been the subject of a number of research reports. UBS Group reduced their price objective on Huntsman from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Morgan Stanley lowered their price target on Huntsman from $24.00 to $20.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Royal Bank of Canada cut their price objective on shares of Huntsman from $23.00 to $20.00 and set a “sector perform” rating on the stock in a research report on Thursday, December 19th. Alembic Global Advisors cut shares of Huntsman from an “overweight” rating to a “neutral” rating in a research note on Wednesday, January 15th. Finally, Citigroup dropped their price target on shares of Huntsman from $22.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.63.

Huntsman Trading Up 4.6 %

Shares of HUN stock opened at $17.78 on Wednesday. The business’s 50 day moving average is $17.52 and its two-hundred day moving average is $20.19. The company has a quick ratio of 0.83, a current ratio of 1.47 and a debt-to-equity ratio of 0.45. Huntsman Co. has a 12 month low of $15.67 and a 12 month high of $27.01. The company has a market cap of $3.07 billion, a PE ratio of -25.76 and a beta of 0.95.

Huntsman Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 5.63%. Huntsman’s dividend payout ratio is -144.93%.

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.