Wilen Investment Management Corp. buys $4,916,494 stake in Huntsman Corporation (HUN)

Huntsman Corporation (HUN) : Wilen Investment Management Corp. scooped up 9,000 additional shares in Huntsman Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 319,668 shares of Huntsman Corporation which is valued at $4,916,494.Huntsman Corporation makes up approximately 3.05% of Wilen Investment Management Corp.’s portfolio.

Other Hedge Funds, Including , Dumont Blake Investment Advisors reduced its stake in HUN by selling 800 shares or 2.23% in the most recent quarter. The Hedge Fund company now holds 35,005 shares of HUN which is valued at $538,377. Huntsman Corporation makes up approx 0.26% of Dumont Blake Investment Advisors’s portfolio.Rothschild Investment Corp Il reduced its stake in HUN by selling 62,625 shares or 72.4% in the most recent quarter. The Hedge Fund company now holds 23,871 shares of HUN which is valued at $376,923. Huntsman Corporation makes up approx 0.05% of Rothschild Investment Corp Il’s portfolio.Murphy Capital Management Inc reduced its stake in HUN by selling 6,850 shares or 21.21% in the most recent quarter. The Hedge Fund company now holds 25,450 shares of HUN which is valued at $406,437. Huntsman Corporation makes up approx 0.06% of Murphy Capital Management Inc’s portfolio.

Huntsman Corporation opened for trading at $15.95 and hit $16.56 on the upside on Monday, eventually ending the session at $16.52, with a gain of 4.16% or 0.66 points. The heightened volatility saw the trading volume jump to 31,43,627 shares. Company has a market cap of $3,934 M.

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.

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