Huntsman (HUN) Market Valuation Rose While Pennant Capital Management Has Trimmed Stake; Exxon Mobil (XOM) Position Lifted by Retirement Systems Of Alabama

February 15, 2018 - By Nellie Frank

Alan Fournier decreased its stake in Huntsman Corp (HUN) by 21.03% based on its latest 2017Q3 regulatory filing with the SEC. Pennant Capital Management Llc sold 587,516 shares as the company’s stock rose 25.16% with the market. The hedge fund run by Alan Fournier held 2.21 million shares of the major chemicals company at the end of 2017Q3, valued at $60.50 million, down from 2.79 million at the end of the previous reported quarter. Pennant Capital Management Llc who had been investing in Huntsman Corp for a number of months, seems to be less bullish one the $7.76 billion market cap company. The stock decreased 1.43% or $0.47 during the last trading session, reaching $32.35. About 755,116 shares traded. Huntsman Corporation (NYSE:HUN) has risen 91.88% since February 15, 2017 and is uptrending. It has outperformed by 75.18% the S&P500.

Retirement Systems Of Alabama increased its stake in Exxon Mobil Corp (XOM) by 3.8% based on its latest 2017Q3 regulatory filing with the SEC. Retirement Systems Of Alabama bought 113,163 shares as the company’s stock rose 0.21% with the market. The institutional investor held 3.09 million shares of the integrated oil company at the end of 2017Q3, valued at $253.14 million, up from 2.97M at the end of the previous reported quarter. Retirement Systems Of Alabama who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $321.00 billion market cap company. The stock decreased 0.92% or $0.7 during the last trading session, reaching $75.76. About 5.36 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 15, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Tuesday, August 29. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) rating on Friday, January 19. Jefferies has “Hold” rating and $90.0 target. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, January 23. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Thursday, October 5 by Piper Jaffray. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Jefferies on Friday, June 23. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by BMO Capital Markets on Monday, June 26. BMO Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Monday, May 1. BMO Capital Markets has “Hold” rating and $76 target. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Long-Term Buy” rating given on Wednesday, June 7 by Hilliard Lyons. Jefferies maintained the stock with “Neutral” rating in Friday, April 7 report. The firm has “Sell” rating by Tudor Pickering given on Tuesday, January 26.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It has no change, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Cornerstone Capital Mngmt Hldgs Ltd reported 0.91% stake. St Johns Inv Mngmt Limited owns 1.35% invested in Exxon Mobil Corporation (NYSE:XOM) for 22,534 shares. Moreover, Cue Financial Gru has 1.32% invested in Exxon Mobil Corporation (NYSE:XOM) for 23,147 shares. Private Asset Management holds 15,535 shares. Dean Investment Assocs Ltd Limited Liability Company stated it has 96,422 shares or 1.2% of all its holdings. Gyroscope Mngmt Gp Lc invested 1.18% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Smithfield Trust invested 1.63% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Macquarie owns 356,383 shares for 0.05% of their portfolio. Gfs Advisors Limited Company accumulated 102,956 shares. Cls Invests Ltd Liability invested 0.03% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Kanawha Mgmt Limited Liability Co accumulated 164,553 shares. Abner Herrman And Brock Limited Com stated it has 1.17% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Kbc Grp Nv invested 0.99% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Bryn Mawr Co has 369,473 shares for 1.72% of their portfolio. Two Sigma Limited Liability reported 0.1% in Exxon Mobil Corporation (NYSE:XOM).

Retirement Systems Of Alabama, which manages about $19.18B US Long portfolio, decreased its stake in Gallagher Arthur J & Co (NYSE:AJG) by 54,994 shares to 87,407 shares, valued at $5.38M in 2017Q3, according to the filing. It also reduced its holding in Robert Half Intl Inc (NYSE:RHI) by 18,447 shares in the quarter, leaving it with 295,193 shares, and cut its stake in Scotts Miracle Gro Co (NYSE:SMG).

Since September 18, 2017, it had 0 insider buys, and 5 sales for $5.23 million activity. Shares for $996,628 were sold by Chapman Neil A on Thursday, December 14. On Monday, September 18 the insider Franklin Robert Stuart sold $1.81M. Shares for $1.62 million were sold by Corson Bradley W on Monday, December 11. Milton Bryan W also sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) shares.

Pennant Capital Management Llc, which manages about $10.20B and $1.63B US Long portfolio, upped its stake in Transdigm Group Inc (NYSE:TDG) by 7,386 shares to 299,635 shares, valued at $76.60M in 2017Q3, according to the filing. It also increased its holding in Acadia Healthcare Company In (NASDAQ:ACHC) by 282,055 shares in the quarter, for a total of 1.61M shares, and has risen its stake in Fleetcor Technologies Inc (NYSE:FLT).

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.15, from 1.06 in 2017Q2. It worsened, as 31 investors sold HUN shares while 112 reduced holdings. 48 funds opened positions while 82 raised stakes. 159.36 million shares or 0.11% more from 159.18 million shares in 2017Q2 were reported. Loomis Sayles And Lp holds 392,121 shares or 0.02% of its portfolio. Gam Holding Ag has invested 0.81% in Huntsman Corporation (NYSE:HUN). Oppenheimer Asset Mngmt accumulated 0% or 957 shares. Bluefin Trading Ltd Liability Corporation has 61,200 shares for 0.2% of their portfolio. Karp Capital owns 13,140 shares. Ameriprise Fin invested in 446,393 shares or 0.01% of the stock. Acadian Asset Management Limited Liability Company has 0.01% invested in Huntsman Corporation (NYSE:HUN) for 74,019 shares. Thompson Siegel And Walmsley Ltd Llc holds 0% of its portfolio in Huntsman Corporation (NYSE:HUN) for 800 shares. Cibc Bancorp Usa reported 15,000 shares. Quinn Opportunity Ptnrs Lc reported 10,000 shares stake. Smithfield has invested 0.02% of its portfolio in Huntsman Corporation (NYSE:HUN). Engineers Gate Manager Ltd Partnership holds 0.03% or 14,938 shares. Moreover, Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corporation has 0.02% invested in Huntsman Corporation (NYSE:HUN). Wespac Advsr Ltd Liability Corp invested 1.8% in Huntsman Corporation (NYSE:HUN). First Wilshire Securities Management invested 3.71% of its portfolio in Huntsman Corporation (NYSE:HUN).

Among 13 analysts covering Huntsman Corporation (NYSE:HUN), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Huntsman Corporation had 38 analyst reports since August 3, 2015 according to SRatingsIntel. Macquarie Research maintained Huntsman Corporation (NYSE:HUN) on Tuesday, September 29 with “Outperform” rating. JP Morgan maintained the shares of HUN in report on Wednesday, December 13 with “Overweight” rating. The company was maintained on Monday, November 6 by Alembic. The firm has “Buy” rating given on Monday, June 5 by Alembic. The firm earned “Buy” rating on Tuesday, October 17 by Jefferies. The firm has “Buy” rating given on Tuesday, August 11 by TheStreet. The firm earned “Buy” rating on Tuesday, May 30 by Jefferies. The rating was maintained by UBS on Tuesday, September 19 with “Buy”. The stock of Huntsman Corporation (NYSE:HUN) earned “Buy” rating by J.P. Morgan on Wednesday, December 13. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, September 1.

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