Walleye Capital LLC Purchases New Stake in Venator Materials PLC (NYSE:VNTR)

Walleye Capital LLC purchased a new stake in Venator Materials PLC (NYSE:VNTRGet Rating) during the second quarter, HoldingsChannel.com reports. The firm purchased 53,442 shares of the company’s stock, valued at approximately $111,000.

Other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC purchased a new stake in shares of Venator Materials in the second quarter valued at approximately $44,000. Jane Street Group LLC purchased a new stake in shares of Venator Materials in the first quarter valued at approximately $43,000. Wedmont Private Capital purchased a new stake in Venator Materials during the second quarter worth $58,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Venator Materials by 2.8% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 325,397 shares of the company’s stock worth $579,000 after purchasing an additional 8,967 shares in the last quarter. Finally, Boston Partners boosted its position in Venator Materials by 154.7% during the first quarter. Boston Partners now owns 569,106 shares of the company’s stock worth $1,013,000 after purchasing an additional 345,694 shares in the last quarter.

Wall Street Analyst Weigh In

VNTR has been the topic of a number of research analyst reports. Morgan Stanley decreased their target price on Venator Materials from $2.20 to $0.70 and set an “equal weight” rating on the stock in a research report on Tuesday, October 25th. Bank of America cut their price target on Venator Materials to $1.00 in a report on Tuesday, October 11th. Citigroup cut their price target on Venator Materials from $1.90 to $1.00 in a report on Tuesday, October 4th. Deutsche Bank Aktiengesellschaft cut their price target on Venator Materials from $2.50 to $1.50 and set a “buy” rating for the company in a report on Friday, October 7th. Finally, BMO Capital Markets cut their price target on Venator Materials from $0.60 to $0.50 and set an “underperform” rating for the company in a report on Tuesday, November 15th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $0.89.

Venator Materials Stock Performance

Venator Materials stock opened at $0.70 on Monday. The firm has a market capitalization of $74.63 million, a P/E ratio of 1.40 and a beta of 1.53. The stock has a fifty day moving average price of $0.94 and a 200 day moving average price of $1.60. Venator Materials PLC has a 52 week low of $0.60 and a 52 week high of $2.97. The company has a current ratio of 2.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.23.

About Venator Materials

(Get Rating)

Venator Materials PLC, together with its subsidiaries, manufactures and markets chemical products worldwide. It operates through Titanium Dioxide and Performance Additives segments. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and ultrafine TiO2 products for use in coatings, printing inks, PVC window frames, plastic masterbatches, cosmetics, pharmaceuticals, food, polyester and polyamide fibers, catalysts, and cosmetics products.

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

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