Venator Materials PLC (VNTR) Shares Bought by Creative Planning

Creative Planning raised its stake in Venator Materials PLC (NYSE:VNTR) by 137.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,300 shares of the company’s stock after purchasing an additional 19,300 shares during the quarter. Creative Planning’s holdings in Venator Materials were worth $300,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new position in Venator Materials in the first quarter valued at about $192,000. Los Angeles Capital Management & Equity Research Inc. purchased a new position in Venator Materials in the second quarter valued at about $215,000. GAM Holding AG purchased a new position in Venator Materials in the second quarter valued at about $428,000. Paloma Partners Management Co purchased a new position in Venator Materials in the second quarter valued at about $471,000. Finally, LPL Financial LLC raised its position in Venator Materials by 19.0% in the first quarter. LPL Financial LLC now owns 29,515 shares of the company’s stock valued at $534,000 after purchasing an additional 4,722 shares during the period. 40.13% of the stock is currently owned by institutional investors.

NYSE:VNTR opened at $6.51 on Friday. The stock has a market capitalization of $721.39 million, a P/E ratio of 3.74, a PEG ratio of 0.38 and a beta of 1.63. Venator Materials PLC has a one year low of $6.22 and a one year high of $24.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.27 and a quick ratio of 1.34.

Venator Materials (NYSE:VNTR) last posted its quarterly earnings results on Tuesday, October 30th. The company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.01). The firm had revenue of $533.00 million during the quarter, compared to analyst estimates of $577.99 million. Venator Materials had a positive return on equity of 24.15% and a negative net margin of 1.13%. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same quarter last year, the business posted $0.70 earnings per share. On average, analysts predict that Venator Materials PLC will post 2.07 EPS for the current year.

In other news, Director Kathy Dawn Patrick purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 31st. The stock was acquired at an average cost of $6.76 per share, for a total transaction of $135,200.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.31% of the stock is currently owned by company insiders.

A number of brokerages have recently issued reports on VNTR. ValuEngine lowered Venator Materials from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 7th. Nomura lowered Venator Materials from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $22.00 to $13.00 in a research report on Wednesday, August 1st. Deutsche Bank dropped their target price on Venator Materials from $24.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, August 1st. Vertical Research lowered Venator Materials from a “buy” rating to a “$16.08” rating in a research report on Wednesday, July 18th. Finally, JPMorgan Chase & Co. lowered Venator Materials from an “overweight” rating to a “neutral” rating and set a $29.00 target price on the stock. in a research report on Friday, September 21st. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. Venator Materials currently has an average rating of “Hold” and an average target price of $20.71.

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About Venator Materials

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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Institutional Ownership by Quarter for Venator Materials (NYSE:VNTR)

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