Are Analysts Bearish Huntsman Corporation (NYSE:HUN) After Last Week?

Joanna Estrada
January 13, 2018

Over the last three months, the shares of the company have changed 85.58% and performed 93.10% over the last six months. The company's market cap is $8.07 Billion, and the average volume is $4.13 Million. The total number of shares traded in the last 12 months is 3.25 million. The hedge fund run by Jody Lanasa held 400,000 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $27.13M, up from 300,000 at the end of the previous reported quarter. Tenneco Inc. (NYSE:TEN) has risen 7.45% since January 11, 2017 and is uptrending. Van Eck Assoc Corporation owns 10,335 shares. About 553,198 shares traded. Meeder Asset Management Inc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $520.47 billion market cap company. The stock closing price is now trading upward to its 50 day moving average with change of 38.21%, escalated to its 20 day moving average with figure of 22.31% and above its 200 day moving average with value 72.78%. Dimensional Fund Advsr L P accumulated 5.22M shares. It has underperformed by 20.83% the S&P500. It also reduced its holding in Adecoagro S A (NYSE:AGRO) by 450,000 shares in the quarter, leaving it with 500,000 shares, and cut its stake in Pampa Energia S A (NYSE:PAM). The stock now has Monthly Volatility of 3.09% and Weekly Volatility of 4.18%. $320,629 worth of Tenneco Inc. (NYSE:HBI) was sold by MOSS RICHARD D.

Investors sentiment increased to 1.31 in 2017 Q3. This represents a $0.50 annualized dividend and a yield of 1.47%. It is positive, as 53 investors sold SCANA Corporation shares while 128 reduced holdings. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 7,863 shares. Salem Invest Counselors reported 468 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt holds 0.03% of its portfolio in Huntsman Corporation (NYSE:HUN) for 75,000 shares. 154,860 were reported by Northern Limited Liability Corp. Kennedy Cap Mngmt holds 441,304 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.02% in Hanesbrands Inc. Alliancebernstein Ltd Partnership holds 264,403 shares or 0.01% of its portfolio. Balyasny Asset Management Ltd Liability Corp reported 357,926 shares. Cibc Mkts Corp invested in 0.01% or 56,675 shares. Reinhart Ptnrs has 0.33% invested in The Navigators Group, Inc.

When we look at the Analyst Recommendations of the stock, the company has 3.13 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Huntsman Corporation had 37 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Wednesday, September 27 by Cowen & Co. The stock of Tenneco Inc. The stock has "Buy" rating by Nomura on Tuesday, May 3. The company was maintained on Tuesday, September 29 by Monness Crespi & Hardt. The firm has "Buy" rating by Goldman Sachs given on Thursday, July 27. KeyBanc Capital Markets has "Overweight" rating and $17 target. Goldman Sachs has "Buy" rating and $40 target. The stock has "Buy" rating by UBS on Monday, October 30. Citigroup maintained Hanesbrands Inc. On Tuesday, August 11 the stock rating was downgraded by TheStreet to "Buy". The rating was maintained by Cowen & Co on Thursday, August 24 with "Hold". The investor is now holding $10.19 million shares due in part to a decrease of 327718 new shares in their portfolio. Its up 0.01, from 1.3 in 2017Q2.

In other Huntsman news, insider Monte G. Edlund sold 21,493 shares of the firm's stock in a transaction that occurred on Friday, November 3rd. 37 funds opened positions while 83 raised stakes. Alembic Global Advisors reiterated a "buy" rating on shares of Huntsman in a research report on Monday, October 2nd. Cornerstone Capital Mngmt Ltd holds 0.01% or 51,275 shares in its portfolio. Aviance Lc stated it has 351 shares. Hl Financial Ltd Llc invested 0.01% of its portfolio in Medtronic plc (NYSE:MDT). Thompson Siegel And Walmsley Ltd Limited Liability Company reported 0% of its portfolio in Huntsman Corporation (NYSE:HUN). Vanguard stated it has 0.03% in SCANA Corporation (NYSE:SCG). Bnp Paribas Arbitrage Sa stated it has 476,873 shares or 0.03% of all its holdings. Centurylink Inv Management holds 0.23% or 8,898 shares in its portfolio. There were 44 sold out positions, amounting to 5.6 million shares. New York-based Capital One Association has invested 0.13% in Huntsman Corporation (NYSE:HUN). Ameriprise Financial Inc. now owns 489,580 shares of the company's stock valued at $6,560,000 after buying an additional 467,732 shares during the period. Clarivest Asset Mgmt Limited Liability Co holds 340,036 shares. Vontobel Asset Mgmt Incorporated holds 1.54% or 2.64 million shares.

Huntsman (NYSE:HUN) last issued its earnings results on Friday, October 27th.

At the session level, shares of Huntsman Corporation (NYSE:HUN) moved 0.62% from the open. Therefore 68% are positive. Alembic maintained it with "Buy" rating and $2800 target in Monday, June 5 report. The rating was maintained by JP Morgan with "Overweight" on Wednesday, December 13. The company was maintained on Monday, August 28 by Jefferies. Jefferies maintained it with "Buy" rating and $2900 target in Tuesday, May 30 report. Needham maintained Medtronic plc (NYSE:MDT) on Wednesday, November 23 with "Buy" rating. The firm earned "Outperform" rating on Tuesday, September 29 by Macquarie Research.

Analysts await Huntsman Corporation (NYSE:HUN) to report earnings on February, 21. As per Thursday, April 28, the company rating was maintained by SunTrust. The stock of SCANA Corporation (NYSE:SCG) has "Underperform" rating given on Friday, July 7 by Mizuho.

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