Aquatic Capital Management LLC Purchases 1,883 Shares of Kronos Worldwide, Inc. (NYSE:KRO)

Aquatic Capital Management LLC grew its holdings in shares of Kronos Worldwide, Inc. (NYSE:KRO) by 144.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,183 shares of the specialty chemicals company’s stock after buying an additional 1,883 shares during the period. Aquatic Capital Management LLC’s holdings in Kronos Worldwide were worth $31,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Boston Partners grew its position in Kronos Worldwide by 80.4% in the 4th quarter. Boston Partners now owns 1,412,106 shares of the specialty chemicals company’s stock valued at $13,765,000 after purchasing an additional 629,387 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in Kronos Worldwide in the 4th quarter valued at about $1,239,000. Dimensional Fund Advisors LP lifted its holdings in Kronos Worldwide by 3.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,165,098 shares of the specialty chemicals company’s stock worth $30,859,000 after acquiring an additional 109,674 shares during the period. Renaissance Technologies LLC raised its stake in shares of Kronos Worldwide by 4.5% during the 4th quarter. Renaissance Technologies LLC now owns 734,230 shares of the specialty chemicals company’s stock worth $7,159,000 after purchasing an additional 31,830 shares during the period. Finally, Barclays PLC boosted its stake in Kronos Worldwide by 329.5% in the third quarter. Barclays PLC now owns 33,695 shares of the specialty chemicals company’s stock valued at $419,000 after acquiring an additional 25,849 shares during the last quarter. 15.11% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Kronos Worldwide from a “hold” rating to a “buy” rating in a report on Tuesday, March 18th.

Insiders Place Their Bets

In related news, Director Kevin B. Kramer acquired 14,000 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of $7.43 per share, with a total value of $104,020.00. Following the completion of the purchase, the director now owns 21,460 shares in the company, valued at $159,447.80. This trade represents a 187.67 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.11% of the company’s stock.

Kronos Worldwide Price Performance

Shares of NYSE:KRO opened at $7.45 on Wednesday. The stock has a market cap of $857.02 million, a P/E ratio of 9.20 and a beta of 1.22. Kronos Worldwide, Inc. has a 12 month low of $6.19 and a 12 month high of $14.50. The company has a 50 day moving average of $7.48 and a 200 day moving average of $9.29. The company has a current ratio of 2.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56.

Kronos Worldwide (NYSE:KRO) last posted its quarterly earnings data on Thursday, March 6th. The specialty chemicals company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.31). The company had revenue of $423.10 million during the quarter, compared to the consensus estimate of $494.19 million. Kronos Worldwide had a return on equity of 11.74% and a net margin of 5.05%.

Kronos Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Tuesday, March 11th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.68%. Kronos Worldwide’s dividend payout ratio is 27.03%.

About Kronos Worldwide

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics.