Huntsman Corporation (HUN) : Carl Domino Inc reduced its stake in Huntsman Corporation by 6.25% during the most recent quarter end. The investment management company now holds a total of 126,780 shares of Huntsman Corporation which is valued at $2,046,229 after selling 8,455 shares in Huntsman Corporation , the firm said in a disclosure report filed with the SEC on Oct 12, 2016.Huntsman Corporation makes up approximately 1.95% of Carl Domino Inc’s portfolio.
Other Hedge Funds, Including , Legal General Group Plc boosted its stake in HUN in the latest quarter, The investment management firm added 12,648 additional shares and now holds a total of 215,979 shares of Huntsman Corporation which is valued at $3,485,901.Naples Global Advisors reduced its stake in HUN by selling 3,800 shares or 5.16% in the most recent quarter. The Hedge Fund company now holds 69,850 shares of HUN which is valued at $1,169,289. Huntsman Corporation makes up approx 0.46% of Naples Global Advisors’s portfolio. Oregon Public Employees Retirement Fund sold out all of its stake in HUN during the most recent quarter. The investment firm sold 35,023 shares of HUN which is valued $586,285.Independent Portfolio Consultants reduced its stake in HUN by selling 10 shares or 0.37% in the most recent quarter. The Hedge Fund company now holds 2,722 shares of HUN which is valued at $44,614. Huntsman Corporation makes up approx 0.01% of Independent Portfolio Consultants’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in HUN in the latest quarter, The investment management firm added 32,301 additional shares and now holds a total of 49,205 shares of Huntsman Corporation which is valued at $806,470.
Huntsman Corporation closed down -0.6 points or -3.58% at $16.14 with 32,88,366 shares getting traded on Tuesday. Post opening the session at $16.54, the shares hit an intraday low of $15.95 and an intraday high of $16.68 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Huntsman Corporation reported $0.53 EPS for the quarter, based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus estimate of $0.53. The company had revenue of $2544.00 million for the quarter, compared to analysts expectations of $2591.49 million. The company’s revenue was down -7.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.63 EPS.
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.