Huntsman Co. (NYSE:HUN) Shares Sold by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC decreased its holdings in Huntsman Co. (NYSE:HUN) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,983 shares of the basic materials company’s stock after selling 1,015 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Huntsman were worth $541,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Matrix Trust Co acquired a new position in shares of Huntsman in the third quarter worth about $25,000. R Squared Ltd bought a new stake in Huntsman in the fourth quarter valued at about $40,000. True Wealth Design LLC bought a new stake in Huntsman in the third quarter valued at about $62,000. Capital Performance Advisors LLP bought a new stake in Huntsman in the third quarter valued at about $78,000. Finally, Quarry LP increased its holdings in Huntsman by 64.8% in the second quarter. Quarry LP now owns 3,664 shares of the basic materials company’s stock valued at $83,000 after buying an additional 1,441 shares during the last quarter. Institutional investors and hedge funds own 84.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Citigroup lowered their price objective on Huntsman from $22.00 to $19.00 and set a “neutral” rating for the company in a report on Wednesday, December 18th. Royal Bank of Canada lowered their price objective on Huntsman from $23.00 to $20.00 and set a “sector perform” rating for the company in a report on Thursday, December 19th. Morgan Stanley dropped their price target on Huntsman from $24.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Wells Fargo & Company dropped their price target on Huntsman from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 6th. Finally, UBS Group dropped their price target on Huntsman from $24.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.63.

Huntsman Stock Down 1.1 %

HUN opened at $17.26 on Friday. Huntsman Co. has a 12 month low of $15.95 and a 12 month high of $27.01. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.47 and a quick ratio of 0.83. The stock has a market cap of $2.99 billion, a P/E ratio of -25.02 and a beta of 0.97. The stock’s 50 day moving average price is $18.24 and its 200 day moving average price is $20.78.

Huntsman (NYSE:HUN) last issued its quarterly earnings results on Monday, November 4th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. Huntsman had a negative return on equity of 0.03% and a negative net margin of 1.99%. The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same period last year, the firm earned $0.15 EPS. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. As a group, research analysts predict that Huntsman Co. will post 0.08 earnings per share for the current year.

Huntsman Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 5.79%. The ex-dividend date was Friday, December 13th. Huntsman’s dividend payout ratio (DPR) is presently -144.93%.

Insider Activity

In other news, Director Mary C. Beckerle sold 20,201 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $21.42, for a total transaction of $432,705.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.60% of the stock is owned by insiders.

About Huntsman

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.