Venator Materials PLC (NYSE:VNTR) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,242,285 shares, an increase of 40.9% from the October 13th total of 881,884 shares. Approximately 4.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 669,153 shares, the days-to-cover ratio is currently 1.9 days.

Several hedge funds and other institutional investors have recently made changes to their positions in VNTR. First Trust Advisors LP purchased a new stake in shares of Venator Materials PLC during the third quarter valued at $1,863,000. Victory Capital Management Inc. acquired a new position in Venator Materials PLC during the third quarter valued at $33,036,000. State of Wisconsin Investment Board acquired a new position in Venator Materials PLC during the third quarter valued at $4,023,000. Jennison Associates LLC acquired a new position in Venator Materials PLC during the third quarter valued at $47,734,000. Finally, Sei Investments Co. acquired a new position in Venator Materials PLC during the third quarter valued at $2,854,000. 3.99% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently weighed in on VNTR shares. Jefferies Group LLC started coverage on Venator Materials PLC in a report on Monday, August 7th. They issued a “buy” rating and a $25.00 price objective for the company. The Goldman Sachs Group, Inc. started coverage on Venator Materials PLC in a report on Monday, August 28th. They issued a “buy” rating and a $25.00 price objective for the company. J P Morgan Chase & Co started coverage on Venator Materials PLC in a report on Monday, August 28th. They issued an “overweight” rating and a $23.00 price objective for the company. Barclays PLC started coverage on Venator Materials PLC in a report on Monday, August 28th. They issued an “equal weight” rating and a $22.00 price objective for the company. Finally, Royal Bank Of Canada started coverage on Venator Materials PLC in a report on Monday, August 28th. They issued an “outperform” rating and a $23.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Venator Materials PLC currently has a consensus rating of “Buy” and a consensus price target of $27.00.

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

Venator Materials PLC (NYSE:VNTR) last announced its earnings results on Friday, October 27th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.45 by $0.25. The company had revenue of $582.00 million for the quarter, compared to analysts’ expectations of $568.31 million. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. equities research analysts anticipate that Venator Materials PLC will post 2.04 earnings per share for the current fiscal 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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