Villanova Investment Management Co LLC Takes Position in Titan International, Inc. (NYSE:TWI)

Villanova Investment Management Co LLC bought a new position in shares of Titan International, Inc. (NYSE:TWI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 136,540 shares of the industrial products company’s stock, valued at approximately $1,110,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Victory Capital Management Inc. lifted its position in shares of Titan International by 2,689.3% during the 2nd quarter. Victory Capital Management Inc. now owns 1,220,344 shares of the industrial products company’s stock valued at $9,043,000 after acquiring an additional 1,176,593 shares during the period. Pacer Advisors Inc. grew its stake in shares of Titan International by 35.6% in the 2nd quarter. Pacer Advisors Inc. now owns 4,479,660 shares of the industrial products company’s stock valued at $33,194,000 after buying an additional 1,175,857 shares during the period. Donald Smith & CO. Inc. acquired a new position in Titan International during the 3rd quarter worth approximately $3,234,000. Denali Advisors LLC boosted its holdings in Titan International by 582.0% in the second quarter. Denali Advisors LLC now owns 276,887 shares of the industrial products company’s stock worth $2,052,000 after acquiring an additional 236,287 shares in the last quarter. Finally, Grace & White Inc. NY grew its stake in Titan International by 68.7% in the second quarter. Grace & White Inc. NY now owns 403,828 shares of the industrial products company’s stock valued at $2,992,000 after acquiring an additional 164,500 shares during the period. 80.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Titan International Price Performance

TWI opened at $7.06 on Friday. The firm’s fifty day moving average price is $7.19 and its two-hundred day moving average price is $7.62. The company has a market capitalization of $445.76 million, a price-to-earnings ratio of -58.83 and a beta of 1.83. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.38 and a quick ratio of 1.33. Titan International, Inc. has a 1 year low of $6.34 and a 1 year high of $15.33.

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.