28,100 Shares in Titan International, Inc. (NYSE:TWI) Purchased by Versor Investments LP

Versor Investments LP purchased a new stake in shares of Titan International, Inc. (NYSE:TWI) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 28,100 shares of the industrial products company’s stock, valued at approximately $191,000.

Other large investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC bought a new stake in shares of Titan International during the fourth quarter valued at approximately $126,000. Capital Investment Counsel Inc boosted its stake in Titan International by 21.3% during the fourth quarter. Capital Investment Counsel Inc now owns 143,878 shares of the industrial products company’s stock worth $977,000 after buying an additional 25,275 shares in the last quarter. Mraz Amerine & Associates Inc. bought a new stake in Titan International in the 4th quarter valued at $74,000. Principal Financial Group Inc. raised its stake in shares of Titan International by 0.6% in the 4th quarter. Principal Financial Group Inc. now owns 232,819 shares of the industrial products company’s stock valued at $1,581,000 after buying an additional 1,464 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Titan International by 5.1% during the 4th quarter. Empowered Funds LLC now owns 312,387 shares of the industrial products company’s stock worth $2,121,000 after acquiring an additional 15,245 shares during the period. Institutional investors and hedge funds own 80.39% of the company’s stock.

Wall Street Analysts Forecast Growth

TWI has been the subject of several recent research reports. StockNews.com raised shares of Titan International from a “sell” rating to a “hold” rating in a research report on Wednesday, February 12th. DA Davidson began coverage on Titan International in a research note on Friday, December 13th. They issued a “buy” rating and a $11.00 price objective on the stock.

Titan International Stock Down 3.5 %

Shares of NYSE:TWI opened at $7.56 on Wednesday. The company has a market capitalization of $477.02 million, a PE ratio of -62.96 and a beta of 1.82. 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’s fifty day moving average is $7.95 and its 200-day moving average is $7.68. Titan International, Inc. has a 52 week low of $6.34 and a 52 week high of $13.16.

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.