Stanley-laman Group Ltd. buys $7,298,602 stake in Huntsman Corporation (HUN)

Huntsman Corporation (HUN) : Stanley-laman Group Ltd. scooped up 490,375 additional shares in Huntsman Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 526,215 shares of Huntsman Corporation which is valued at $7,298,602.Huntsman Corporation makes up approximately 1.38% of Stanley-laman Group Ltd.’s portfolio.

Other Hedge Funds, Including , Airain Ltd added HUN to its portfolio by purchasing 16,595 company shares during the most recent quarter which is valued at $230,173. Huntsman Corporation makes up approx 0.02% of Airain Ltd’s portfolio.Proshare Advisors boosted its stake in HUN in the latest quarter, The investment management firm added 394 additional shares and now holds a total of 17,337 shares of Huntsman Corporation which is valued at $257,281. American Century Companies Inc added HUN to its portfolio by purchasing 251,591 company shares during the most recent quarter which is valued at $3,733,610. Evercore Wealth Management sold out all of its stake in HUN during the most recent quarter. The investment firm sold 1,350 shares of HUN which is valued $20,034. Oppenheimer Co Inc added HUN to its portfolio by purchasing 12,487 company shares during the most recent quarter which is valued at $196,545. Huntsman Corporation makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.

Huntsman Corporation closed down -0.12 points or -0.86% at $13.87 with 28,28,826 shares getting traded on Friday. Post opening the session at $13.92, the shares hit an intraday low of $13.74 and an intraday high of $14.21 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Huntsman Corporation reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.27. The company had revenue of $2355.00 million for the quarter, compared to analysts expectations of $2378.98 million. The company’s revenue was down -9.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 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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