Versum Materials Inc (NYSE:VSM) Shares Acquired by Quadrant Capital Group LLC

Quadrant Capital Group LLC increased its holdings in Versum Materials Inc (NYSE:VSM) by 11.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,377 shares of the basic materials company’s stock after buying an additional 543 shares during the period. Quadrant Capital Group LLC’s holdings in Versum Materials were worth $273,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Perella Weinberg Partners Capital Management LP grew its position in Versum Materials by 204.3% in the second quarter. Perella Weinberg Partners Capital Management LP now owns 344,268 shares of the basic materials company’s stock worth $17,757,000 after acquiring an additional 231,126 shares in the last quarter. Machina Capital S.A.S. boosted its holdings in shares of Versum Materials by 97.7% during the 2nd quarter. Machina Capital S.A.S. now owns 593 shares of the basic materials company’s stock worth $31,000 after buying an additional 293 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Versum Materials by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 44,160 shares of the basic materials company’s stock worth $2,278,000 after buying an additional 624 shares during the period. Alpine Global Management LLC boosted its holdings in shares of Versum Materials by 33.3% during the 2nd quarter. Alpine Global Management LLC now owns 40,000 shares of the basic materials company’s stock worth $2,063,000 after buying an additional 10,000 shares during the period. Finally, Havens Advisors LLC boosted its holdings in shares of Versum Materials by 33.3% during the 2nd quarter. Havens Advisors LLC now owns 78,000 shares of the basic materials company’s stock worth $4,023,000 after buying an additional 19,500 shares during the period. 89.74% of the stock is owned by institutional investors and hedge funds.

Several research firms recently issued reports on VSM. Zacks Investment Research raised shares of Versum Materials from a “sell” rating to a “hold” rating in a report on Saturday, July 13th. Stifel Nicolaus downgraded shares of Versum Materials from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Finally, Loop Capital downgraded shares of Versum Materials from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $56.00 to $53.00 in a report on Tuesday, April 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $46.60.

Shares of VSM stock traded down $0.25 during mid-day trading on Monday, reaching $51.66. The company’s stock had a trading volume of 35,664 shares, compared to its average volume of 504,184. Versum Materials Inc has a 1-year low of $25.02 and a 1-year high of $52.58. The company has a market capitalization of $5.67 billion, a P/E ratio of 21.99 and a beta of 1.67. The company has a debt-to-equity ratio of 3.18, a quick ratio of 4.03 and a current ratio of 5.27. The firm’s 50-day moving average is $51.74.

Versum Materials (NYSE:VSM) last announced its quarterly earnings data on Tuesday, May 7th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.57. Versum Materials had a net margin of 16.74% and a return on equity of 109.04%. The company had revenue of $326.20 million during the quarter, compared to analysts’ expectations of $340.56 million. During the same quarter in the prior year, the company posted $0.59 EPS. The business’s revenue was down 4.3% on a year-over-year basis. On average, analysts forecast that Versum Materials Inc will post 2.35 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 27th. Stockholders of record on Tuesday, August 13th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Monday, August 12th. Versum Materials’s dividend payout ratio is 13.62%.

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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