Huntsman Corporation (NYSE:HUN) VP J Kimo Esplin sold 240,793 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $30.99, for a total transaction of $7,462,175.07. Following the completion of the transaction, the vice president now directly owns 528,889 shares in the company, valued at $16,390,270.11. The transaction was disclosed in a document filed with the SEC, which is available through this link.

J Kimo Esplin also recently made the following trade(s):

  • On Monday, October 30th, J Kimo Esplin sold 428,571 shares of Huntsman stock. The stock was sold at an average price of $31.54, for a total transaction of $13,517,129.34.

Shares of Huntsman Corporation (HUN) opened at $30.45 on Friday. The company has a market cap of $7,315.45, a P/E ratio of 12.75, a PEG ratio of 1.41 and a beta of 2.85. The company has a current ratio of 1.87, a quick ratio of 1.52 and a debt-to-equity ratio of 1.10. Huntsman Corporation has a 12-month low of $18.93 and a 12-month high of $32.59.

Huntsman (NYSE:HUN) last announced its earnings results on Friday, October 27th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.17. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.99 billion. Huntsman had a return on equity of 30.64% and a net margin of 5.37%. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 earnings per share. analysts forecast that Huntsman Corporation will post 2.7 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Thursday, December 14th. Huntsman’s payout ratio is 23.47%.

Several research firms have recently commented on HUN. KeyCorp reaffirmed a “buy” rating and set a $34.00 price target on shares of Huntsman in a research report on Tuesday, October 17th. Goldman Sachs Group reaffirmed a “hold” rating and set a $36.00 price target on shares of Huntsman in a research report on Monday, December 4th. Wells Fargo & Company raised shares of Huntsman from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $30.00 to $32.00 in a research report on Thursday, September 28th. BidaskClub raised shares of Huntsman from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, UBS lifted their price target on shares of Huntsman from $31.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, September 19th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Huntsman presently has an average rating of “Buy” and an average target price of $32.73.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bronfman E.L. Rothschild L.P. raised its position in Huntsman by 0.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,385 shares of the basic materials company’s stock valued at $139,000 after purchasing an additional 24 shares during the period. Synovus Financial Corp raised its position in Huntsman by 0.7% in the second quarter. Synovus Financial Corp now owns 8,979 shares of the basic materials company’s stock valued at $234,000 after purchasing an additional 62 shares during the period. PNC Financial Services Group Inc. raised its position in Huntsman by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 28,889 shares of the basic materials company’s stock valued at $746,000 after purchasing an additional 192 shares during the period. Acrospire Investment Management LLC raised its position in Huntsman by 2.5% in the second quarter. Acrospire Investment Management LLC now owns 8,208 shares of the basic materials company’s stock valued at $212,000 after purchasing an additional 200 shares during the period. Finally, State of Wisconsin Investment Board raised its position in Huntsman by 1.3% in the second quarter. State of Wisconsin Investment Board now owns 40,029 shares of the basic materials company’s stock valued at $1,034,000 after purchasing an additional 510 shares during the period. 75.47% of the stock is currently owned by institutional investors.

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About Huntsman

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.

Insider Buying and Selling by Quarter for Huntsman (NYSE:HUN)

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