Koss Olinger Consulting LLC Cuts Stake in Titan International, Inc. (NYSE:TWI)

Koss Olinger Consulting LLC reduced its stake in Titan International, Inc. (NYSE:TWI) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,057 shares of the industrial products company’s stock after selling 2,624 shares during the period. Koss Olinger Consulting LLC owned approximately 0.07% of Titan International worth $313,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in shares of Titan International by 21.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,953,866 shares of the industrial products company’s stock valued at $13,267,000 after purchasing an additional 344,658 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Titan International by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 506,551 shares of the industrial products company’s stock valued at $4,118,000 after purchasing an additional 6,112 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Titan International by 5.1% during the fourth quarter. Empowered Funds LLC now owns 312,387 shares of the industrial products company’s stock valued at $2,121,000 after purchasing an additional 15,245 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Titan International by 0.6% during the fourth quarter. Principal Financial Group Inc. now owns 232,819 shares of the industrial products company’s stock valued at $1,581,000 after purchasing an additional 1,464 shares in the last quarter. Finally, First Eagle Investment Management LLC bought a new position in shares of Titan International during the fourth quarter valued at $1,211,000. 80.39% of the stock is owned by hedge funds and other institutional investors.

Titan International Stock Up 2.9 %

TWI stock opened at $8.46 on Thursday. Titan International, Inc. has a fifty-two week low of $6.34 and a fifty-two week high of $12.95. The business’s 50-day moving average is $8.29 and its two-hundred day moving average is $7.70. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 2.38. The company has a market cap of $534.34 million, a price-to-earnings ratio of -70.46 and a beta of 1.77.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TWI. StockNews.com raised Titan International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. DA Davidson assumed coverage on Titan International in a report on Friday, December 13th. They issued a “buy” rating and a $11.00 target price on the stock.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.