Entropy Technologies LP Has $328,000 Holdings in Huntsman Co. (NYSE:HUN)

Entropy Technologies LP lessened its position in Huntsman Co. (NYSE:HUN) by 31.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 18,195 shares of the basic materials company’s stock after selling 8,277 shares during the period. Entropy Technologies LP’s holdings in Huntsman were worth $328,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HUN. Wealth Enhancement Advisory Services LLC boosted its position in shares of Huntsman by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 38,070 shares of the basic materials company’s stock valued at $686,000 after buying an additional 674 shares during the last quarter. Shayne & Jacobs LLC boosted its position in shares of Huntsman by 1.2% during the third quarter. Shayne & Jacobs LLC now owns 94,316 shares of the basic materials company’s stock valued at $2,282,000 after buying an additional 1,140 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Huntsman by 14.4% during the third quarter. Larson Financial Group LLC now owns 9,261 shares of the basic materials company’s stock valued at $224,000 after buying an additional 1,163 shares during the last quarter. Jade Capital Advisors LLC boosted its position in shares of Huntsman by 2.4% during the third quarter. Jade Capital Advisors LLC now owns 60,000 shares of the basic materials company’s stock valued at $1,452,000 after buying an additional 1,430 shares during the last quarter. Finally, EMC Capital Management boosted its position in shares of Huntsman by 21.5% during the fourth quarter. EMC Capital Management now owns 10,288 shares of the basic materials company’s stock valued at $185,000 after buying an additional 1,821 shares during the last quarter. Institutional investors and hedge funds own 84.81% of the company’s stock.

Analysts Set New Price Targets

HUN has been the topic of several analyst reports. Citigroup cut their target price on Huntsman from $22.00 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 18th. Wells Fargo & Company dropped their price target on Huntsman from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, November 6th. Alembic Global Advisors lowered Huntsman from an “overweight” rating to a “neutral” rating in a report on Wednesday, January 15th. UBS Group dropped their price target on Huntsman from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Finally, Mizuho dropped their price target on Huntsman from $23.00 to $21.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $22.63.

Huntsman Stock Performance

Shares of HUN opened at $16.95 on Friday. The firm has a market cap of $2.93 billion, a PE ratio of -24.57 and a beta of 0.95. The stock’s fifty day moving average price is $17.70 and its two-hundred day moving average price is $20.35. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.47 and a quick ratio of 0.83. Huntsman Co. has a 1 year low of $15.67 and a 1 year high of $27.01.

Huntsman Company Profile

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.