Huntsman Corporation $HUN Position Trimmed by Walnut Level Capital LLC

Walnut Level Capital LLC reduced its holdings in Huntsman Corporation (NYSE:HUN - Free Report) by 85.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 85,000 shares of the basic materials company's stock after selling 492,010 shares during the quarter. Huntsman makes up 0.5% of Walnut Level Capital LLC's portfolio, making the stock its 25th biggest position. Walnut Level Capital LLC's holdings in Huntsman were worth $886,000 as of its most recent SEC filing.DuPont’s Electronics Spinoff: The Start of Something BigA number of other institutional investors have also modified their holdings of the business. Invesco Ltd. lifted its holdings in Huntsman by 1.3% in the first quarter. Invesco Ltd. now owns 6,064,044 shares of the basic materials company's stock worth $95,751,000 after acquiring an additional 75,097 shares during the last quarter. Nuveen LLC bought a new stake in shares of Huntsman in the 1st quarter worth approximately $13,181,000. Russell Investments Group Ltd. increased its position in Huntsman by 12.1% in the first quarter. Russell Investments Group Ltd. now owns 1,424,562 shares of the basic materials company's stock worth $22,494,000 after buying an additional 154,219 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in Huntsman by 1,717.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,254 shares of the basic materials company's stock valued at $51,000 after buying an additional 3,075 shares during the last quarter. Finally, Boston Partners lifted its stake in Huntsman by 3.0% in the first quarter. Boston Partners now owns 129,631 shares of the basic materials company's stock valued at $2,047,000 after buying an additional 3,826 shares during the last quarter. Institutional investors own 84.81% of the company's stock. Wall Street Analyst Weigh InA number of research firms recently weighed in on HUN. Alembic Global Advisors set a $11.00 price objective on shares of Huntsman in a report on Monday, October 27th. Bank of America restated an "underperform" rating and issued a $8.00 target price (down previously from $9.00) on shares of Huntsman in a research report on Tuesday, October 14th. JPMorgan Chase & Co. dropped their price target on shares of Huntsman from $20.00 to $11.00 and set an "overweight" rating on the stock in a research note on Monday, November 10th. UBS Group reduced their price objective on Huntsman from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Monday, October 6th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Huntsman in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $10.23.Huntsman Aims High, Exceeds TargetsView Our Latest Research Report on HuntsmanHuntsman Price PerformanceShares of NYSE:HUN opened at $10.62 on Friday. Huntsman Corporation has a 12 month low of $7.30 and a 12 month high of $19.07. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of -5.59 and a beta of 0.68. The stock's 50 day moving average price is $8.95 and its 200 day moving average price is $10.03. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.36 and a quick ratio of 0.84. Huntsman (NYSE:HUN - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.10. Huntsman had a negative return on equity of 3.26% and a negative net margin of 5.69%.The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same period last year, the company posted $0.10 EPS. The firm's quarterly revenue was down 5.2% on a year-over-year basis. Equities research analysts anticipate that Huntsman Corporation will post 0.32 earnings per share for the current fiscal year. Huntsman Cuts DividendThe firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.0875 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, December 15th. Huntsman's dividend payout ratio is presently -52.63%. Huntsman Profile (Free Report)Huntsman Corporation manufactures and sells diversified organic chemical products worldwide. The company operates in three segments: Polyurethanes, Performance Products, and Advanced Materials. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyether and polyester polyols, and thermoplastic polyurethane; and aniline, benzene, nitrobenzene and other co-products.Further ReadingFive stocks we like better than HuntsmanWhat Are Some of the Best Large-Cap Stocks to Buy?Disney's $1 Billion Deal Brings Its Magic to OpenAIWant to Profit on the Downtrend? Downtrends, Explained.Why Amazon Could Be a $300 Stock Within WeeksWhat Are the U.K. Market Holidays? How to Invest and TradeAdobe Gets Post-Earnings Lift: Long-Term Outlook Favors UpsideWant to see what other hedge funds are holding HUN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huntsman Corporation (NYSE:HUN - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Huntsman Right Now?Before you consider Huntsman, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Huntsman wasn't on the list.While Huntsman currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here