Villanova Investment Management Co LLC grew its holdings in shares of Titan International, Inc. (NYSE:TWI – Free Report) by 53.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 209,548 shares of the industrial products company’s stock after purchasing an additional 73,008 shares during the period. Villanova Investment Management Co LLC owned about 0.33% of Titan International worth $1,423,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in Titan International by 136.2% during the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company’s stock worth $37,000 after buying an additional 3,132 shares in the last quarter. Quarry LP bought a new stake in shares of Titan International during the 3rd quarter valued at $41,000. FMR LLC increased its position in shares of Titan International by 43.7% in the third quarter. FMR LLC now owns 5,343 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 1,625 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Titan International during the fourth quarter worth about $54,000. Finally, Mraz Amerine & Associates Inc. bought a new position in Titan International in the 4th quarter valued at about $74,000. 80.39% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
TWI has been the subject of a number of recent analyst reports. Cantor Fitzgerald started coverage on shares of Titan International in a report on Thursday, March 20th. They set an “overweight” rating and a $11.00 price target for the company. StockNews.com upgraded Titan International from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, DA Davidson started coverage on Titan International in a research note on Friday, December 13th. They issued a “buy” rating and a $11.00 price target on the stock.
Titan International Stock Down 2.0 %
TWI stock opened at $8.41 on Tuesday. The firm has a 50-day moving average price of $8.58 and a 200-day moving average price of $7.74. Titan International, Inc. has a 12 month low of $6.34 and a 12 month high of $12.77. The company has a current ratio of 2.38, a quick ratio of 1.33 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $531.18 million, a P/E ratio of -70.04 and a beta of 1.77.
Titan International 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.
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