Venator Materials PLC (NYSE:VNTR) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 1,242,285 shares, a growth of 40.9% from the October 13th total of 881,884 shares. Approximately 4.8% of the company’s shares are short sold. Based on an average daily volume of 669,153 shares, the short-interest ratio is presently 1.9 days.

VNTR has been the topic of several research analyst reports. Nomura lifted their price objective on Venator Materials PLC from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Tuesday, October 10th. Citigroup Inc. initiated coverage on Venator Materials PLC in a research note on Tuesday, August 29th. They issued a “buy” rating and a $24.00 price objective on the stock. Bank of America Corporation reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Venator Materials PLC in a research note on Monday, August 28th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Venator Materials PLC in a research note on Monday, August 28th. Finally, Instinet initiated coverage on Venator Materials PLC in a research note on Monday, August 28th. They issued a “buy” rating and a $24.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $27.00.

Institutional investors and hedge funds have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. acquired a new position in shares of Venator Materials PLC in the 3rd quarter valued at approximately $103,000. Jane Street Group LLC acquired a new position in shares of Venator Materials PLC in the 3rd quarter valued at approximately $255,000. Bank of New York Mellon Corp acquired a new position in shares of Venator Materials PLC in the 3rd quarter valued at approximately $297,000. Russell Investments Group Ltd. acquired a new position in shares of Venator Materials PLC in the 3rd quarter valued at approximately $505,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Venator Materials PLC in the 3rd quarter valued at approximately $512,000. 3.99% of the stock is currently owned by institutional investors.

Venator Materials PLC (VNTR) opened at $23.10 on Friday. The company has a quick ratio of 1.25, a current ratio of 2.03 and a debt-to-equity ratio of 0.74. Venator Materials PLC has a 52-week low of $17.85 and a 52-week high of $26.90.

Venator Materials PLC (NYSE:VNTR) last released its quarterly earnings results on Friday, October 27th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.45 by $0.25. The company had revenue of $582.00 million for the quarter, compared to analyst estimates of $568.31 million. Venator Materials PLC’s revenue was up 9.4% on a year-over-year basis. equities research analysts predict that Venator Materials PLC will post 2.04 earnings per share for the current year.

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Venator Materials PLC 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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