Huntsman Corporation (HUN) : Point72 Asia (singapore) Pte. Ltd. reduced its stake in Huntsman Corporation by 1.34% during the most recent quarter end. The investment management company now holds a total of 950,000 shares of Huntsman Corporation which is valued at $17,708,000 after selling 12,915 shares in Huntsman Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Huntsman Corporation makes up approximately 7.34% of Point72 Asia (singapore) Pte. Ltd.’s portfolio.
Other Hedge Funds, Including , Ubs Oconnor added HUN to its portfolio by purchasing 122,216 company shares during the most recent quarter which is valued at $2,278,106. Huntsman Corporation makes up approx 0.05% of Ubs Oconnor’s portfolio. Bokf Na sold out all of its stake in HUN during the most recent quarter. The investment firm sold 73,854 shares of HUN which is valued $1,373,684.Globeflex Capital L P reduced its stake in HUN by selling 464 shares or 0.51% in the most recent quarter. The Hedge Fund company now holds 90,374 shares of HUN which is valued at $1,614,983. Huntsman Corporation makes up approx 0.41% of Globeflex Capital L P’s portfolio. Live Your Vision added HUN to its portfolio by purchasing 900 company shares during the most recent quarter which is valued at $15,597. Huntsman Corporation makes up approx 0.01% of Live Your Vision’s portfolio.Dumont Blake Investment Advisors boosted its stake in HUN in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 35,125 shares of Huntsman Corporation which is valued at $587,641. Huntsman Corporation makes up approx 0.30% of Dumont Blake Investment Advisors’s portfolio.
Huntsman Corporation closed down -0.06 points or -0.31% at $19.1 with 18,05,478 shares getting traded on Monday. Post opening the session at $19.1, the shares hit an intraday low of $19.04 and an intraday high of $19.245 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Huntsman Corporation reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Oct 28, 2016. Analyst had a consensus of $0.36. The company had revenue of $2363.00 million for the quarter, compared to analysts expectations of $2485.18 million. The company’s revenue was down -10.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.47 EPS.
Investors should note that on Nov 14, 2016, Huntsman Corporation announced a cash dividend of $0.1250. The company’s management has announced Dec 13, 2016 as the ex-dividend date and fixed the record date on Dec 15, 2016. The payable date has been fixed on Dec 30, 2016.
Huntsman Corporation (Huntsman) is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company is also engaged in performance additives and titanium dioxide business. The Company also offers titanium dioxide a white pigment derived from titanium bearing ores; functional additives made from barium and zinc-based inorganics; color pigments made from synthetic iron-oxide and other inorganic pigments; timber treatment wood protection chemicals; water treatment products and specialty automotive molded components. The Company operates in five segments: Polyurethanes Performance Products Advanced Materials Textile Effects and Pigments and Additives. Its products are used in a range of applications including those in the adhesives aerospace automotive construction products personal care and hygiene durable and non-durable consumer products electronics medical packaging and paints and coatings.