Dynamic Technology Lab Private Ltd Takes $444,000 Position in Titan International, Inc. (NYSE:TWI)

Dynamic Technology Lab Private Ltd bought a new stake in shares of Titan International, Inc. (NYSE:TWI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 54,650 shares of the industrial products company’s stock, valued at approximately $444,000.

Several other large investors also recently added to or reduced their stakes in TWI. Vanguard Group Inc. increased its holdings in Titan International by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 3,878,594 shares of the industrial products company’s stock worth $48,327,000 after acquiring an additional 10,537 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Titan International by 5.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 44,505 shares of the industrial products company’s stock worth $555,000 after acquiring an additional 2,171 shares during the last quarter. CWM LLC increased its holdings in Titan International by 46.8% in the 2nd quarter. CWM LLC now owns 8,837 shares of the industrial products company’s stock worth $65,000 after acquiring an additional 2,819 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Titan International in the 2nd quarter worth about $101,000. Finally, Assenagon Asset Management S.A. increased its holdings in Titan International by 6.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 345,509 shares of the industrial products company’s stock worth $2,560,000 after acquiring an additional 21,604 shares during the last quarter. Hedge funds and other institutional investors own 80.39% of the company’s stock.

Titan International Stock Down 0.7 %

Shares of NYSE TWI opened at $7.32 on Friday. Titan International, Inc. has a 52 week low of $6.34 and a 52 week high of $15.33. The business has a 50-day simple moving average of $7.25 and a two-hundred day simple moving average of $7.67. The company has a quick ratio of 1.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.84. The company has a market cap of $462.18 million, a P/E ratio of -61.00 and a beta of 1.82.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Titan International from a “sell” rating to a “hold” rating in a report on Wednesday, November 13th.

About Titan International

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.