WINTON GROUP Ltd bought a new stake in Versum Materials Inc (NYSE:VSM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,824 shares of the basic materials company’s stock, valued at approximately $816,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Advisor Group Inc. boosted its holdings in shares of Versum Materials by 5.1% in the fourth quarter. Advisor Group Inc. now owns 5,905 shares of the basic materials company’s stock worth $163,000 after buying an additional 288 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Versum Materials by 20.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,469,824 shares of the basic materials company’s stock worth $40,742,000 after buying an additional 252,741 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Versum Materials by 7.2% in the fourth quarter. Geode Capital Management LLC now owns 1,044,328 shares of the basic materials company’s stock worth $28,948,000 after buying an additional 70,208 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new position in shares of Versum Materials in the fourth quarter worth approximately $726,000. Finally, Jane Street Group LLC purchased a new position in shares of Versum Materials in the fourth quarter worth approximately $1,411,000. Hedge funds and other institutional investors own 90.60% of the company’s stock.

NYSE:VSM traded up $0.08 during trading hours on Monday, hitting $52.03. 13,285 shares of the stock traded hands, compared to its average volume of 523,096. The company has a current ratio of 5.27, a quick ratio of 4.03 and a debt-to-equity ratio of 3.18. Versum Materials Inc has a 1 year low of $25.02 and a 1 year high of $52.58. The stock has a market capitalization of $5.68 billion, a P/E ratio of 22.14 and a beta of 1.67. The firm has a 50 day moving average of $51.67.

Versum Materials (NYSE:VSM) last issued its quarterly earnings results on Tuesday, May 7th. The basic materials company reported $0.57 earnings per share for the quarter, meeting the consensus estimate of $0.57. Versum Materials had a net margin of 16.74% and a return on equity of 109.04%. The business had revenue of $326.20 million for the quarter, compared to the consensus estimate of $340.56 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. As a group, research analysts forecast that Versum Materials Inc will post 2.35 earnings per share for the current year.

A number of equities analysts recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $400.00 price objective on shares of Netflix in a report on Monday, April 8th. Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a report on Saturday, July 13th. Finally, Loop Capital lowered their price target on shares of J B Hunt Transport Services to $133.00 and set a “buy” rating on the stock in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. Versum Materials has an average rating of “Hold” and a consensus target price of $46.60.

About Versum Materials

Versum Materials, Inc develops, manufactures, transports, and handles specialty materials for the semiconductor and display industries in the United States, Taiwan, South Korea, China, Europe, and rest of Asia. The company operates through two segments, Materials, and Delivery Systems and Services (DS&S).

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Institutional Ownership by Quarter for Versum Materials (NYSE:VSM)

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