Shares of Huntsman Corp. (NYSE:HUN) reached a new 52-week high during trading on Monday . The stock traded as high as $17.07 and last traded at $17.05, with a volume of 968,543 shares changing hands. The stock had previously closed at $16.41.

HUN has been the topic of several analyst reports. Jefferies Group restated a “buy” rating on shares of Huntsman Corp. in a research report on Friday, May 6th. Nomura restated a “buy” rating on shares of Huntsman Corp. in a research report on Tuesday, July 12th. Zacks Investment Research cut Huntsman Corp. from a “buy” rating to a “hold” rating in a research report on Friday, July 29th. TheStreet upgraded Huntsman Corp. from a “hold” rating to a “buy” rating in a research report on Friday, April 29th. Finally, Citigroup Inc. raised their target price on Huntsman Corp. from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, July 15th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Huntsman Corp. presently has an average rating of “Buy” and an average target price of $18.20.

The company has a market cap of $3.99 billion and a price-to-earnings ratio of 19.99. The stock has a 50-day moving average price of $15.28 and a 200 day moving average price of $13.72.

Huntsman Corp. (NYSE:HUN) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.53 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.53. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.59 billion. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.63 earnings per share. On average, equities analysts anticipate that Huntsman Corp. will post $1.73 earnings per share for the current fiscal year.

Several hedge funds and institutional investors have made changes to their positions in HUN. US Bancorp DE increased its position in shares of Huntsman Corp. by 140.9% in the fourth quarter. US Bancorp DE now owns 108,661 shares of the company’s stock valued at $1,236,000 after buying an additional 63,560 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Huntsman Corp. by 1,285.0% in the fourth quarter. Advisors Asset Management Inc. now owns 388,002 shares of the company’s stock valued at $4,412,000 after buying an additional 359,988 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Huntsman Corp. during the fourth quarter valued at approximately $5,507,000. Principal Financial Group Inc. increased its position in shares of Huntsman Corp. by 18.2% in the fourth quarter. Principal Financial Group Inc. now owns 1,314,915 shares of the company’s stock valued at $14,951,000 after buying an additional 202,693 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its position in shares of Huntsman Corp. by 3,098.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 188,700 shares of the company’s stock valued at $2,146,000 after buying an additional 182,800 shares during the last quarter.

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). It operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

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