Dimensional Fund Advisors LP trimmed its holdings in Huntsman Corporation (NYSE:HUN) by 0.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,275,357 shares of the basic materials company’s stock after selling 45,903 shares during the period. Dimensional Fund Advisors LP owned 2.20% of Huntsman Corporation worth $136,309,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. DSAM Partners London Ltd bought a new stake in Huntsman Corporation in the second quarter worth approximately $2,128,000. Chicago Equity Partners LLC grew its position in Huntsman Corporation by 1,462.7% in the second quarter. Chicago Equity Partners LLC now owns 443,035 shares of the basic materials company’s stock worth $11,448,000 after acquiring an additional 414,685 shares in the last quarter. CIBC World Markets Inc. grew its position in Huntsman Corporation by 133.4% in the second quarter. CIBC World Markets Inc. now owns 708,530 shares of the basic materials company’s stock worth $18,308,000 after acquiring an additional 404,905 shares in the last quarter. New York State Teachers Retirement System grew its position in Huntsman Corporation by 0.6% in the first quarter. New York State Teachers Retirement System now owns 17,600 shares of the basic materials company’s stock worth $432,000 after acquiring an additional 100 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in Huntsman Corporation by 16.4% in the second quarter. Pacer Advisors Inc. now owns 35,389 shares of the basic materials company’s stock worth $914,000 after acquiring an additional 4,982 shares in the last quarter. 75.10% of the stock is owned by institutional investors.

Several analysts have commented on HUN shares. ValuEngine raised shares of Huntsman Corporation from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. KeyCorp reissued a “buy” rating and issued a $34.00 target price on shares of Huntsman Corporation in a research report on Friday, September 1st. Zacks Investment Research cut shares of Huntsman Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Jefferies Group LLC restated a “buy” rating and issued a $29.00 price objective on shares of Huntsman Corporation in a research note on Friday, July 14th. Finally, BidaskClub upgraded shares of Huntsman Corporation from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 6th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $30.50.

Shares of Huntsman Corporation (NYSE:HUN) opened at 27.42 on Friday. The firm has a market capitalization of $6.58 billion, a PE ratio of 15.54 and a beta of 2.79. The stock has a 50 day moving average of $26.42 and a 200-day moving average of $25.20. Huntsman Corporation has a 52 week low of $15.05 and a 52 week high of $28.67.

Huntsman Corporation (NYSE:HUN) last released its earnings results on Thursday, July 27th. The basic materials company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.18. Huntsman Corporation had a net margin of 4.33% and a return on equity of 30.04%. The business had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the business earned $0.53 earnings per share. The firm’s revenue was up 2.8% on a year-over-year basis. Equities analysts anticipate that Huntsman Corporation will post $2.32 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.125 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.50 annualized dividend and a dividend yield of 1.82%. Huntsman Corporation’s dividend payout ratio is presently 28.41%.

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Huntsman Corporation Company Profile

Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Institutional Ownership by Quarter for Huntsman Corporation (NYSE:HUN)

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