Huntsman Corporation (HUN) : Carl Domino Inc reduced its stake in Huntsman Corporation by 2.63% during the most recent quarter end. The investment management company now holds a total of 156,875 shares of Huntsman Corporation which is valued at $2,387,638 after selling 4,235 shares in Huntsman Corporation , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.Huntsman Corporation makes up approximately 2.14% of Carl Domino Inc’s portfolio.
Huntsman Corporation opened for trading at $15.19 and hit $15.57 on the upside on Friday, eventually ending the session at $15.22, with a gain of 0.53% or 0.08 points. The heightened volatility saw the trading volume jump to 31,03,221 shares. Company has a market cap of $3,605 M.
Other Hedge Funds, Including , Tipp Hill Capital Management added HUN to its portfolio by purchasing 200,000 company shares during the most recent quarter which is valued at $3,044,000. Huntsman Corporation makes up approx 2.99% of Tipp Hill Capital Management’s portfolio. Fox Run Management L.l.c. added HUN to its portfolio by purchasing 10,100 company shares during the most recent quarter which is valued at $153,722. Huntsman Corporation makes up approx 0.10% of Fox Run Management L.l.c.’s portfolio.Independent Portfolio Consultants reduced its stake in HUN by selling 755 shares or 17.65% in the most recent quarter. The Hedge Fund company now holds 3,522 shares of HUN which is valued at $50,928. Huntsman Corporation makes up approx 0.01% of Independent Portfolio Consultants’s portfolio. Proficio Capital Partners added HUN to its portfolio by purchasing 1,986 company shares during the most recent quarter which is valued at $25,937. Huntsman Corporation makes up approx 0.02% of Proficio Capital Partners’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.