Huntsman Co. (HUN) Shares Sold by Creative Planning
Creative Planning trimmed its holdings in Huntsman Co. (NYSE:HUN) by 33.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,316 shares of the basic materials company’s stock after selling 5,253 shares during the quarter. Creative Planning’s holdings in Huntsman were worth $343,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its holdings in Huntsman by 58.6% during the 2nd quarter. Royal Bank of Canada now owns 398,112 shares of the basic materials company’s stock worth $10,287,000 after buying an additional 147,090 shares during the period. Principal Financial Group Inc. raised its holdings in Huntsman by 20.4% during the 3rd quarter. Principal Financial Group Inc. now owns 5,792,566 shares of the basic materials company’s stock worth $158,832,000 after buying an additional 983,408 shares during the period. Rational Advisors LLC acquired a new stake in Huntsman during the 3rd quarter worth about $269,000. JPMorgan Chase & Co. raised its holdings in Huntsman by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,466,615 shares of the basic materials company’s stock worth $149,566,000 after buying an additional 75,590 shares during the period. Finally, IndexIQ Advisors LLC raised its holdings in Huntsman by 20.5% during the 3rd quarter. IndexIQ Advisors LLC now owns 944,235 shares of the basic materials company’s stock worth $25,891,000 after buying an additional 160,547 shares during the period. 75.54% of the stock is owned by institutional investors.
In related news, VP J Kimo Esplin sold 240,793 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $30.99, for a total value of $7,462,175.07. Following the transaction, the vice president now owns 528,889 shares in the company, valued at $16,390,270.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Corp Huntsman sold 21,764,800 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $21.66, for a total value of $471,425,568.00. The disclosure for this sale can be found here. Insiders sold a total of 24,197,064 shares of company stock worth $529,077,665 in the last quarter. 19.00% of the stock is owned by corporate insiders.
Huntsman Co. (NYSE:HUN) opened at $32.46 on Monday. The firm has a market capitalization of $7,790.66, a PE ratio of 13.58, a PEG ratio of 1.49 and a beta of 2.76. Huntsman Co. has a twelve month low of $19.68 and a twelve month high of $36.09. The company has a quick ratio of 1.52, a current ratio of 1.87 and a debt-to-equity ratio of 1.10.
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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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