Versum Materials Inc (NYSE:VSM) Shares Bought by Quantamental Technologies LLC

Quantamental Technologies LLC grew its stake in shares of Versum Materials Inc (NYSE:VSM) by 17.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,644 shares of the basic materials company’s stock after buying an additional 1,447 shares during the quarter. Quantamental Technologies LLC’s holdings in Versum Materials were worth $485,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Versum Materials by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 10,282,274 shares of the basic materials company’s stock valued at $370,264,000 after acquiring an additional 385,271 shares during the period. Vanguard Group Inc lifted its stake in shares of Versum Materials by 3.9% during the 3rd quarter. Vanguard Group Inc now owns 10,282,274 shares of the basic materials company’s stock valued at $370,264,000 after buying an additional 385,271 shares in the last quarter. Boston Partners lifted its stake in shares of Versum Materials by 14.1% during the 4th quarter. Boston Partners now owns 5,764,801 shares of the basic materials company’s stock valued at $159,800,000 after buying an additional 710,352 shares in the last quarter. Gates Capital Management Inc. lifted its stake in shares of Versum Materials by 3.6% during the 4th quarter. Gates Capital Management Inc. now owns 2,427,530 shares of the basic materials company’s stock valued at $67,291,000 after buying an additional 83,721 shares in the last quarter. Finally, Shapiro Capital Management LLC lifted its stake in shares of Versum Materials by 1.2% during the 4th quarter. Shapiro Capital Management LLC now owns 2,328,448 shares of the basic materials company’s stock valued at $64,545,000 after buying an additional 27,180 shares in the last quarter. 83.31% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have issued reports on the stock. Zacks Investment Research cut shares of Versum Materials from a “hold” rating to a “sell” rating in a research note on Thursday, May 16th. Loop Capital cut shares of Versum Materials from a “buy” rating to a “hold” rating and lowered their price objective for the company from $56.00 to $53.00 in a research report on Tuesday, April 16th. Stifel Nicolaus cut shares of Versum Materials from a “buy” rating to a “hold” rating in a research report on Monday, April 8th. Argus cut shares of Versum Materials from a “buy” rating to a “hold” rating in a research report on Monday, March 25th. Finally, Jefferies Financial Group cut shares of Versum Materials from a “buy” rating to a “hold” rating and raised their price objective for the company from $44.00 to $47.00 in a research report on Monday, March 4th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. Versum Materials currently has a consensus rating of “Hold” and an average target price of $46.60.

Shares of VSM stock traded down $0.12 on Wednesday, hitting $51.25. 1,416,100 shares of the company’s stock traded hands, compared to its average volume of 1,942,446. The company has a debt-to-equity ratio of 3.18, a quick ratio of 4.03 and a current ratio of 5.27. Versum Materials Inc has a one year low of $25.02 and a one year high of $52.58. The firm has a market cap of $5.60 billion, a P/E ratio of 21.81 and a beta of 2.06.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 14th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend is Monday, May 13th. Versum Materials’s dividend payout ratio (DPR) is presently 13.62%.

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Versum Materials Profile

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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