Huntsman Corporation (NYSE:HUN) VP J Kimo Esplin sold 240,793 shares of the stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $30.99, for a total value of $7,462,175.07. Following the sale, the vice president now owns 528,889 shares of the company’s stock, valued at $16,390,270.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

J Kimo Esplin also recently made the following trade(s):

  • On Monday, October 30th, J Kimo Esplin sold 428,571 shares of Huntsman stock. The stock was sold at an average price of $31.54, for a total value of $13,517,129.34.

Huntsman Corporation (NYSE HUN) traded up $0.33 during trading on Thursday, reaching $30.48. 4,329,318 shares of the company’s stock traded hands, compared to its average volume of 3,676,535. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.87 and a quick ratio of 1.52. The firm has a market capitalization of $7,385.05, a P/E ratio of 12.87, a price-to-earnings-growth ratio of 1.43 and a beta of 2.85. Huntsman Corporation has a 52-week low of $18.93 and a 52-week high of $32.59.

Huntsman (NYSE:HUN) last posted its earnings results on Friday, October 27th. The basic materials company reported $0.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.17. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $1.99 billion. Huntsman had a net margin of 5.37% and a return on equity of 30.64%. The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 earnings per share. equities research analysts forecast that Huntsman Corporation will post 2.7 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.64%. The ex-dividend date is Thursday, December 14th. Huntsman’s payout ratio is 23.47%.

Several brokerages recently issued reports on HUN. Goldman Sachs Group reiterated a “hold” rating and set a $36.00 price objective on shares of Huntsman in a report on Monday. Alembic Global Advisors reiterated a “buy” rating on shares of Huntsman in a report on Monday, November 6th. UBS increased their price objective on Huntsman from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, October 30th. Nomura increased their price objective on Huntsman to $40.00 and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, SunTrust Banks reiterated a “buy” rating and set a $32.00 price objective on shares of Huntsman in a report on Friday, October 27th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $32.73.

A number of institutional investors have recently bought and sold shares of HUN. Bronfman E.L. Rothschild L.P. grew its position in shares of Huntsman by 0.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,385 shares of the basic materials company’s stock valued at $139,000 after purchasing an additional 24 shares during the last quarter. Synovus Financial Corp grew its position in shares of Huntsman by 0.7% in the second quarter. Synovus Financial Corp now owns 8,979 shares of the basic materials company’s stock valued at $234,000 after purchasing an additional 62 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Huntsman by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 28,889 shares of the basic materials company’s stock valued at $746,000 after purchasing an additional 192 shares during the last quarter. Acrospire Investment Management LLC grew its position in shares of Huntsman by 2.5% in the second quarter. Acrospire Investment Management LLC now owns 8,208 shares of the basic materials company’s stock valued at $212,000 after purchasing an additional 200 shares during the last quarter. Finally, State of Wisconsin Investment Board grew its position in shares of Huntsman by 1.3% in the second quarter. State of Wisconsin Investment Board now owns 40,029 shares of the basic materials company’s stock valued at $1,034,000 after purchasing an additional 510 shares during the last quarter. 75.47% of the stock is currently owned by hedge funds and other institutional investors.

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About Huntsman

Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Insider Buying and Selling by Quarter for Huntsman (NYSE:HUN)

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