Robeco Institutional Asset Management B.V. reduced its position in shares of Huntsman Co. (NYSE:HUN) by 21.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,986 shares of the basic materials company’s stock after selling 8,225 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Huntsman were worth $698,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in Huntsman by 32.4% in the fourth quarter. Bank of New York Mellon Corp now owns 11,334,616 shares of the basic materials company’s stock valued at $218,644,000 after buying an additional 2,772,322 shares in the last quarter. Norges Bank purchased a new position in Huntsman in the fourth quarter valued at about $51,112,000. Brandywine Global Investment Management LLC increased its holdings in Huntsman by 937.8% in the fourth quarter. Brandywine Global Investment Management LLC now owns 2,073,383 shares of the basic materials company’s stock valued at $39,996,000 after buying an additional 1,873,597 shares in the last quarter. Royce & Associates LP purchased a new position in Huntsman in the fourth quarter valued at about $33,237,000. Finally, Scout Investments Inc. purchased a new position in Huntsman in the first quarter valued at about $35,789,000. 77.77% of the stock is owned by hedge funds and other institutional investors.

Shares of Huntsman stock opened at $20.21 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.83 and a quick ratio of 1.11. Huntsman Co. has a 12-month low of $17.58 and a 12-month high of $33.55. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 6.05, a P/E/G ratio of 0.86 and a beta of 2.20.

Huntsman (NYSE:HUN) last issued its quarterly earnings data on Tuesday, April 30th. The basic materials company reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.05. Huntsman had a net margin of 2.00% and a return on equity of 19.90%. The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period last year, the company posted $0.96 EPS. The company’s revenue was down 11.4% on a year-over-year basis. As a group, sell-side analysts predict that Huntsman Co. will post 2.76 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.1625 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.22%. Huntsman’s dividend payout ratio (DPR) is 19.46%.

In other Huntsman news, insider Scott J. Wright acquired 4,950 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was acquired at an average cost of $20.22 per share, with a total value of $100,089.00. Following the purchase, the insider now directly owns 33,922 shares in the company, valued at approximately $685,902.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 5.60% of the company’s stock.

A number of research analysts have issued reports on HUN shares. Zacks Investment Research cut shares of Huntsman from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Goldman Sachs Group raised shares of Huntsman from a “neutral” rating to a “buy” rating and set a $31.00 target price for the company in a report on Thursday, May 9th. JPMorgan Chase & Co. cut shares of Huntsman from an “overweight” rating to a “neutral” rating and set a $24.00 target price for the company. in a report on Wednesday, February 13th. Barclays set a $21.00 target price on shares of Huntsman and gave the company a “sell” rating in a report on Tuesday, March 19th. Finally, ValuEngine raised shares of Huntsman from a “strong sell” rating to a “sell” rating in a report on Friday, March 1st. Three analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $30.05.

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Huntsman Company Profile

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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