Notable Runners Huntsman Corporation (NYSE:HUN), Oclaro, Inc. (NASDAQ:OCLR)
- Author: Zachary Reyes May 24, 2017,
May 24, 2017, 17:43
Strs Ohio has invested 0.15% in Huntsman Corporation (NYSE:HUN). The Company's regional services include government and higher education, medical services, retail trade and finance. Ellington Management Group LLC boosted its position in shares of Huntsman by 16.3% in the fourth quarter. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. SG Americas Securities LLC acquired a new position in shares of Huntsman during the first quarter valued at $122,000. The firm's quarterly revenue was up 4.8% compared to the same quarter a year ago. The company reported EPS of $0.57, above the consensus estimate calling for EPS of $0.37 - a positive surprise of 52.20%. Finally, Wilen Investment Management CORP. raised its stake in Huntsman by 1.2% in the third quarter. The stock of Huntsman Corporation (NYSE:HUN) earned "Buy" rating by Nomura on Tuesday, May 3. Bath Savings Co has 0.07% invested in Priceline Group Inc (NASDAQ:PCLN) for 155 shares. We have $26.02 PT which if reached, will make NYSE:HUN worth $175.20 million more. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 17.60 and a beta of 2.61. If we take a long term observation, shares have been trading at a distance of 35.26% from the 200-day moving average. Huntsman Jon M had sold 100,000 shares worth $2.47M. Huntsman also was the target of unusually large options trading on Monday.
Institutional investors now hold around $5.01 billion or 74.1% in HUN stock.
Huntsman Co. (NYSE:HUN) saw some unusual options trading on Tuesday. After $2.10 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -25.24% negative EPS growth. The company generated a return on equity (ROE) of 23.60%. For the current year the company's revenue estimates are $9.98 Billion compared to low analyst estimates of $9.81 Billion and high estimates of $10.22 Billion according to 11 number of analysts. Its revenue stood at -3.30% a year on average in the period of last five years.
Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year's free cash flow. On average, equities research analysts anticipate that Huntsman will post $2.13 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Blume Capital Inc invested in 0.15% or 172 shares. This represents a $0.50 dividend on an annualized basis and a yield of 1.98%. Huntsman's payout ratio is 58.82%.
COPYRIGHT VIOLATION NOTICE: "Huntsman Co". Commerzbank Aktiengesellschaft Fi reported 0% of its portfolio in Huntsman Corporation (NYSE:HUN). If you are accessing this report on another site, it was illegally stolen and republished in violation of United States and global trademark and copyright laws. The original version of this piece of content can be accessed at https://transcriptdaily.com/2017/05/24/public-employees-retirement-association-of-colorado-decreases-position-in-huntsman-co-hun.html. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile. The 52-week range of the share price is from $4.29 - $11.30. Instinet reissued a "positive" rating and set a $26.00 target price (up from $25.00) on shares of Huntsman in a report on Tuesday, March 28th. The rating was maintained by Stifel Nicolaus on Tuesday, October 25 with "Buy". Stock exchanged hands with the total volume of 16.70 Million shares, as contrast to its average volume of 11.69 Million shares. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Nomura maintained it with "Buy" rating and $30 target in Friday, April 28 report. On Monday, April 3 the insider Stolle Russell R sold $687,565. Gerrard Ronald W had sold 27,666 shares worth $580,986 on Tuesday, January 24. More interesting news about Huntsman Corporation (NYSE:HUN) were released by: Nasdaq.com and their article: "Why Huntsman Corporation (HUN) Stock Might be a Great Pick" published on May 22, 2017 as well as Prnewswire.com's news article titled: "Huntsman Announces Public Filing of Registration Statement for Proposed ..." with publication date: May 05, 2017. The shares were sold at an average price of $24.66, for a total transaction of $2,466,000.00. This number is calculated by dividing a company's earnings before interest, taxes, depreciation and amortization by the company's enterprise value. The disclosure for this sale can be found here. Insiders have sold 250,197 shares of company stock worth $6,268,457 over the last quarter.
P/E ratio of the company is 18.38.