Wilen Investment Management Corp. buys $4,492,259 stake in Huntsman Corporation (HUN)

Huntsman Corporation (HUN) : Wilen Investment Management Corp. scooped up 3,998 additional shares in Huntsman Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 12, 2016. The investment management firm now holds a total of 310,668 shares of Huntsman Corporation which is valued at $4,492,259.Huntsman Corporation makes up approximately 2.97% of Wilen Investment Management Corp.’s portfolio.

Huntsman Corporation opened for trading at $14 and hit $14.48 on the upside on Friday, eventually ending the session at $14.46, with a gain of 3.21% or 0.45 points. The heightened volatility saw the trading volume jump to 56,91,746 shares. Company has a market cap of $3,425 M.

Other Hedge Funds, Including , Breton Hill Capital Ltd. reduced its stake in HUN by selling 10,230 shares or 11.51% in the most recent quarter. The Hedge Fund company now holds 78,653 shares of HUN which is valued at $1,137,322. Huntsman Corporation makes up approx 0.42% of Breton Hill Capital Ltd.’s portfolio. Founders Financial Securities sold out all of its stake in HUN during the most recent quarter. The investment firm sold 10,158 shares of HUN which is valued $146,885.Creative Planning boosted its stake in HUN in the latest quarter, The investment management firm added 329 additional shares and now holds a total of 8,070 shares of Huntsman Corporation which is valued at $105,394.Eagle Asset Management Inc boosted its stake in HUN in the latest quarter, The investment management firm added 76,668 additional shares and now holds a total of 3,939,605 shares of Huntsman Corporation which is valued at $51,451,241. Huntsman Corporation makes up approx 0.36% of Eagle Asset Management Inc’s portfolio.

On the company’s financial health, Huntsman Corporation reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.30 according to the earnings call on Feb 11, 2016. Analyst had a consensus of $0.21. The company had revenue of $2332.00 million for the quarter, compared to analysts expectations of $2444.25 million. The company’s revenue was down -21.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.33 EPS.

Many Wall Street Analysts have commented on Huntsman Corporation. Huntsman Corporation was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Feb 11, 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.

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