Cramer Rosenthal Mcglynn LLC increased its holdings in Venator Materials PLC (NYSE:VNTR) by 248.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,782,911 shares of the company’s stock after acquiring an additional 1,270,696 shares during the period. Cramer Rosenthal Mcglynn LLC owned about 1.68% of Venator Materials worth $39,438,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Schwab Charles Investment Management Inc. acquired a new stake in shares of Venator Materials in the 3rd quarter worth about $1,501,000. Jennison Associates LLC raised its holdings in shares of Venator Materials by 47.5% in the 4th quarter. Jennison Associates LLC now owns 3,116,076 shares of the company’s stock worth $68,928,000 after acquiring an additional 1,003,972 shares during the last quarter. Penn Capital Management Co. Inc. raised its holdings in shares of Venator Materials by 63.0% in the 4th quarter. Penn Capital Management Co. Inc. now owns 770,226 shares of the company’s stock worth $17,081,000 after acquiring an additional 297,787 shares during the last quarter. Highbridge Capital Management LLC acquired a new stake in shares of Venator Materials in the 3rd quarter worth about $3,013,000. Finally, JPMorgan Chase & Co. purchased a new stake in Venator Materials in the 3rd quarter valued at about $6,632,000. Institutional investors own 45.37% of the company’s stock.
In other news, major shareholder Corp Huntsman sold 1,948,955 shares of the stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $21.66, for a total transaction of $42,214,365.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Peter R. Huntsman bought 10,000 shares of Venator Materials stock in a transaction dated Wednesday, February 28th. The shares were bought at an average cost of $19.44 per share, with a total value of $194,400.00. The disclosure for this purchase can be found here.
Venator Materials PLC (NYSE VNTR) opened at $19.44 on Tuesday. Venator Materials PLC has a 52-week low of $17.85 and a 52-week high of $26.90. The firm has a market cap of $2,100.00 and a P/E ratio of 11.93. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.08 and a current ratio of 1.77.
Venator Materials (NYSE:VNTR) last released its earnings results on Friday, February 23rd. The company reported $0.61 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.05). The firm had revenue of $528.00 million for the quarter, compared to analysts’ expectations of $539.36 million. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. sell-side analysts anticipate that Venator Materials PLC will post 3.14 earnings per share for the current fiscal year.
Venator Materials Company Profile
Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products. It operates through two segments: Titanium Dioxide and Performance Additives.
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