As Huntsman (HUN) Stock Value Declined, Holder Algert Global Lowered Its Stake; General Mtrs Co (GM) Holder Redwood Capital Management Has Decreased Its Holding by $5.54 Million as Share Price Declined

May 22, 2018 - By wolcottdaily

General Motors Company (NYSE:GM) Logo

Jonathan Kolatch decreased its stake in General Mtrs Co (GM) by 25.7% based on its latest 2017Q4 regulatory filing with the SEC. Redwood Capital Management Llc sold 138,392 shares as the company’s stock declined 17.02% with the market. The hedge fund run by Jonathan Kolatch held 400,000 shares of the auto manufacturing company at the end of 2017Q4, valued at $16.40 million, down from 538,392 at the end of the previous reported quarter. Redwood Capital Management Llc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $54.19B market cap company. The stock increased 0.94% or $0.3599 during the last trading session, reaching $38.4499. About 2.29 million shares traded. General Motors Company (NYSE:GM) has risen 0.46% since May 22, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Peter Algert decreased its stake in Huntsman Corp (HUN) by 41.73% based on its latest 2017Q4 regulatory filing with the SEC. Algert Global Llc sold 37,747 shares as the company’s stock declined 12.21% with the market. The hedge fund run by Peter Algert held 52,703 shares of the major chemicals company at the end of 2017Q4, valued at $1.75M, down from 90,450 at the end of the previous reported quarter. Algert Global Llc who had been investing in Huntsman Corp for a number of months, seems to be less bullish one the $7.82B market cap company. The stock increased 0.18% or $0.06 during the last trading session, reaching $32.69. About 1.33M shares traded. Huntsman Corporation (NYSE:HUN) has risen 26.96% since May 22, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Among 14 analysts covering Huntsman Corporation (NYSE:HUN), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Huntsman Corporation had 43 analyst reports since August 3, 2015 according to SRatingsIntel. On Monday, February 26 the stock rating was maintained by SunTrust with “Buy”. The rating was downgraded by Instinet on Tuesday, March 20 to “Neutral”. The rating was upgraded by KeyBanc Capital Markets on Monday, July 24 to “Overweight”. On Thursday, July 13 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by SunTrust on Friday, October 27 with “Buy”. Macquarie Research maintained the shares of HUN in report on Tuesday, September 29 with “Outperform” rating. The stock of Huntsman Corporation (NYSE:HUN) earned “Buy” rating by Jefferies on Friday, April 28. As per Friday, April 28, the company rating was maintained by Nomura. The company was maintained on Thursday, October 15 by KeyBanc Capital Markets. The firm has “Buy” rating given on Tuesday, May 30 by Jefferies.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.27, from 0.91 in 2017Q3. It is positive, as 39 investors sold HUN shares while 107 reduced holdings. 91 funds opened positions while 81 raised stakes. 170.92 million shares or 7.26% more from 159.36 million shares in 2017Q3 were reported. Moreover, Northern Corp has 0.01% invested in Huntsman Corporation (NYSE:HUN) for 1.24M shares. 5.54M are held by Bancorporation Of Mellon. Affinity Investment Advisors Llc accumulated 60,940 shares. Moreover, Massachusetts Finance Svcs Company Ma has 0% invested in Huntsman Corporation (NYSE:HUN) for 48,931 shares. The Ontario – Canada-based Hillsdale Investment Inc has invested 0.08% in Huntsman Corporation (NYSE:HUN). Bogle Invest Mngmt Limited Partnership De invested 0.05% in Huntsman Corporation (NYSE:HUN). Karp Cap has 0.24% invested in Huntsman Corporation (NYSE:HUN) for 16,715 shares. California Public Employees Retirement System reported 552,335 shares. Barclays Pcl owns 0% invested in Huntsman Corporation (NYSE:HUN) for 33,444 shares. Hsbc Holding Public Limited Company accumulated 25,041 shares or 0% of the stock. 1.15M are held by Systematic Fincl Management Ltd Partnership. Iridian Asset Management Lc Ct, Connecticut-based fund reported 6.17M shares. Pinebridge Invs Lp holds 0.06% or 71,200 shares. Schroder Invest Mgmt Group Incorporated accumulated 25,229 shares. Cap Fund Management has 0.1% invested in Huntsman Corporation (NYSE:HUN).

Algert Global Llc, which manages about $1.01 billion and $423.60 million US Long portfolio, upped its stake in Agilysys Inc (NASDAQ:AGYS) by 61,708 shares to 101,016 shares, valued at $1.24 million in 2017Q4, according to the filing. It also increased its holding in Computer Task Group Inc (NASDAQ:CTG) by 105,274 shares in the quarter, for a total of 147,517 shares, and has risen its stake in Appfolio Inc.

Analysts await Huntsman Corporation (NYSE:HUN) to report earnings on July, 26. They expect $0.82 EPS, down 3.53% or $0.03 from last year’s $0.85 per share. HUN’s profit will be $196.13M for 9.97 P/E if the $0.82 EPS becomes a reality. After $0.96 actual EPS reported by Huntsman Corporation for the previous quarter, Wall Street now forecasts -14.58% negative EPS growth.

More news for Huntsman Corporation (NYSE:HUN) were recently published by: Benzinga.com, which released: “Huntsman International: A Catalyst for 25%+ Appreciation” on May 15, 2018. Benzinga.com‘s article titled: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” and published on May 21, 2018 is yet another important article.

Among 29 analysts covering General Motors Company (NYSE:GM), 17 have Buy rating, 3 Sell and 9 Hold. Therefore 59% are positive. General Motors Company had 94 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by Vetr given on Tuesday, August 11. On Sunday, March 4 the stock rating was maintained by BMO Capital Markets with “Hold”. Morgan Stanley upgraded the shares of GM in report on Monday, September 19 to “Overweight” rating. The company was maintained on Tuesday, October 24 by Piper Jaffray. The company was maintained on Tuesday, January 16 by CFRA. The firm earned “Sell” rating on Tuesday, November 22 by Berenberg. Morgan Stanley upgraded General Motors Company (NYSE:GM) on Friday, May 6 to “Equal-Weight” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, February 14 report. The stock of General Motors Company (NYSE:GM) has “Buy” rating given on Wednesday, September 2 by Citigroup. As per Wednesday, February 7, the company rating was maintained by Guggenheim.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.03, from 0.87 in 2017Q3. It increased, as 64 investors sold GM shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Advantus Mngmt reported 0.13% stake. Boyd Watterson Asset Management Limited Liability Corporation Oh holds 27,000 shares or 0.53% of its portfolio. Landscape Capital Mgmt Llc stated it has 12,500 shares. Guggenheim Capital Limited Liability Company has invested 0.18% of its portfolio in General Motors Company (NYSE:GM). Victory Mngmt reported 230,959 shares stake. 104,930 are owned by Marathon Trading Inv Mgmt Limited Liability Corp. 141,300 are held by Hennessy Advsrs. Fmr Lc holds 11.72M shares or 0.06% of its portfolio. Ifc Holding Fl, Florida-based fund reported 47,947 shares. Barrett Asset Mgmt Limited Liability Corporation owns 0% invested in General Motors Company (NYSE:GM) for 1,000 shares. Savant Limited Liability Corp invested in 0.06% or 7,392 shares. Moreover, Ledyard Fincl Bank has 0.09% invested in General Motors Company (NYSE:GM). 6,164 are held by Convergence Inv Ptnrs Lc. 6,208 are held by Cutter And Brokerage. Dowling And Yahnke Limited Liability Company reported 0.07% of its portfolio in General Motors Company (NYSE:GM).

Huntsman Corporation (NYSE:HUN) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>