Clear Harbor Asset Management LLC purchased a new stake in shares of Huntsman Co. (NYSE:HUN) during the 3rd quarter, HoldingsChannel reports. The fund purchased 9,374 shares of the basic materials company’s stock, valued at approximately $200,000.
Other large investors have also recently modified their holdings of the company. FTB Advisors Inc. bought a new position in Huntsman during the 2nd quarter valued at about $114,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Huntsman during the 2nd quarter valued at about $122,000. Point72 Hong Kong Ltd grew its holdings in Huntsman by 46.5% during the 2nd quarter. Point72 Hong Kong Ltd now owns 7,038 shares of the basic materials company’s stock valued at $206,000 after purchasing an additional 2,235 shares during the last quarter. Chemical Bank bought a new position in Huntsman during the 2nd quarter valued at about $219,000. Finally, Raymond James Trust N.A. bought a new position in Huntsman during the 3rd quarter valued at about $224,000. Institutional investors own 76.90% of the company’s stock.
Shares of HUN stock opened at $20.63 on Monday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.58 and a current ratio of 1.93. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 6.07, a P/E/G ratio of 0.69 and a beta of 2.69. Huntsman Co. has a one year low of $19.70 and a one year high of $36.09.
Huntsman Corporation, through its subsidiary, Huntsman International LLC, manufactures and sells differentiated organic chemical products worldwide. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, polyols, thermoplastic polyurethane, propylene oxide, and methyl tertiary-butyl ether products.
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