GSA Capital Partners LLP lifted its holdings in Venator Materials PLC (NYSE:VNTR) by 145.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,053 shares of the company’s stock after buying an additional 21,932 shares during the period. GSA Capital Partners LLP’s holdings in Venator Materials were worth $606,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of VNTR. PNC Financial Services Group Inc. bought a new stake in shares of Venator Materials in the 1st quarter worth about $174,000. Legal & General Group Plc bought a new position in Venator Materials during the 1st quarter valued at about $192,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in Venator Materials during the 2nd quarter valued at about $215,000. Deutsche Bank AG grew its holdings in Venator Materials by 9,700.0% during the 4th quarter. Deutsche Bank AG now owns 9,800 shares of the company’s stock valued at $216,000 after purchasing an additional 9,700 shares during the last quarter. Finally, Verition Fund Management LLC bought a new position in Venator Materials during the 1st quarter valued at about $251,000. Hedge funds and other institutional investors own 39.67% of the company’s stock.
Several brokerages recently commented on VNTR. Citigroup cut their price target on shares of Venator Materials from $30.00 to $27.00 and set a “buy” rating on the stock in a report on Wednesday, July 11th. Vertical Research downgraded shares of Venator Materials from a “buy” rating to a “$16.08” rating in a report on Wednesday, July 18th. Morgan Stanley cut their price target on shares of Venator Materials from $25.00 to $19.00 and set a “hold” rating on the stock in a report on Tuesday, July 17th. Nomura cut their price target on shares of Venator Materials from $28.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday, June 28th. Finally, Bank of America downgraded shares of Venator Materials from a “buy” rating to an “underperform” rating and cut their price target for the company from $24.00 to $12.00 in a report on Wednesday, August 1st. Three analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $23.87.
Shares of VNTR opened at $10.27 on Friday. Venator Materials PLC has a fifty-two week low of $9.82 and a fifty-two week high of $26.90. The company has a market capitalization of $1.15 billion and a PE ratio of 5.90. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.32 and a quick ratio of 1.49.
Venator Materials (NYSE:VNTR) last announced its quarterly earnings results on Tuesday, July 31st. The company reported $0.85 earnings per share for the quarter, hitting the consensus estimate of $0.85. Venator Materials had a net margin of 16.67% and a return on equity of 27.45%. The firm had revenue of $626.00 million during the quarter, compared to analysts’ expectations of $666.44 million. The company’s revenue was up 11.4% compared to the same quarter last year. equities analysts expect that Venator Materials PLC will post 2.38 EPS for the current year.
Venator Materials Profile
Venator Materials PLC manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and nano TiO2 products for use in coatings, plastics, paper, printing inks, fibers, and food and personal care products.
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