Venator Materials PLC (NYSE:VNTR) traded down 7.7% during mid-day trading on Thursday . The company traded as low as $5.22 and last traded at $5.24. 826,786 shares changed hands during trading, a decline of 3% from the average session volume of 856,710 shares. The stock had previously closed at $5.68.

Several research firms recently weighed in on VNTR. Zacks Investment Research raised Venator Materials from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. ValuEngine raised shares of Venator Materials from a “sell” rating to a “hold” rating in a report on Monday, February 4th. UBS Group raised shares of Venator Materials from a “neutral” rating to a “buy” rating and set a $7.00 price target on the stock in a report on Wednesday, February 6th. Finally, Citigroup reaffirmed a “buy” rating and issued a $7.50 price target on shares of Venator Materials in a report on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $17.14.

The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.08 and a current ratio of 2.07. The firm has a market capitalization of $604.35 million, a price-to-earnings ratio of 2.38, a PEG ratio of 1.09 and a beta of 1.89.

Venator Materials (NYSE:VNTR) last posted its earnings results on Wednesday, February 20th. The company reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.15. Venator Materials had a negative net margin of 7.20% and a positive return on equity of 21.34%. The company had revenue of $484.00 million during the quarter, compared to analyst estimates of $480.96 million. During the same period in the prior year, the business posted $0.61 earnings per share. Venator Materials’s revenue for the quarter was down 8.3% on a year-over-year basis. On average, analysts expect that Venator Materials PLC will post 0.6 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. M&T Bank Corp purchased a new stake in shares of Venator Materials during the fourth quarter valued at approximately $47,000. Legal & General Group Plc boosted its stake in shares of Venator Materials by 229.2% during the 4th quarter. Legal & General Group Plc now owns 34,958 shares of the company’s stock worth $146,000 after acquiring an additional 24,339 shares during the last quarter. BlueMountain Capital Management LLC purchased a new position in shares of Venator Materials during the 3rd quarter worth $171,000. Caption Management LLC purchased a new position in shares of Venator Materials during the 4th quarter worth $184,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Venator Materials by 22.8% during the 4th quarter. Bank of New York Mellon Corp now owns 44,887 shares of the company’s stock worth $188,000 after acquiring an additional 8,322 shares during the last quarter. 44.88% of the stock is owned by institutional investors and hedge funds.

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Venator Materials Company Profile (NYSE:VNTR)

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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