Meeder Asset Management Inc. reduced its holdings in Huntsman Co. (NYSE:HUN) by 25.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 33,928 shares of the basic materials company’s stock after selling 11,292 shares during the quarter. Meeder Asset Management Inc.’s holdings in Huntsman were worth $1,129,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in HUN. Assetmark Inc. boosted its stake in Huntsman by 1,658.4% during the third quarter. Assetmark Inc. now owns 3,974 shares of the basic materials company’s stock worth $109,000 after acquiring an additional 3,748 shares in the last quarter. Cerebellum GP LLC acquired a new position in Huntsman during the fourth quarter worth $128,000. Kohmann Bosshard Financial Services LLC acquired a new position in Huntsman during the fourth quarter worth $133,000. The Manufacturers Life Insurance Company raised its holdings in Huntsman by 9.1% during the second quarter. The Manufacturers Life Insurance Company now owns 7,281 shares of the basic materials company’s stock worth $188,000 after buying an additional 610 shares during the last quarter. Finally, Cypress Capital Management LLC WY acquired a new position in Huntsman during the fourth quarter worth $211,000. Hedge funds and other institutional investors own 77.87% of the company’s stock.
In related news, VP J Kimo Esplin sold 240,793 shares of Huntsman stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $30.99, for a total value of $7,462,175.07. Following the sale, the vice president now owns 528,889 shares in the company, valued at $16,390,270.11. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Corp Huntsman sold 21,764,800 shares of Huntsman stock in a transaction on Monday, December 4th. The shares were sold at an average price of $21.66, for a total transaction of $471,425,568.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,154,548 shares of company stock worth $527,750,108. 19.00% of the stock is owned by insiders.
Huntsman Co. (NYSE HUN) opened at $32.82 on Thursday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.52 and a current ratio of 1.87. Huntsman Co. has a one year low of $20.65 and a one year high of $36.09. The company has a market cap of $7,682.66, a P/E ratio of 15.41, a price-to-earnings-growth ratio of 1.45 and a beta of 2.76.
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Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.
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