Villanova Investment Management Co LLC Acquires 73,008 Shares of Titan International, Inc. (NYSE:TWI)

Villanova Investment Management Co LLC raised its holdings in Titan International, Inc. (NYSE:TWI) by 53.5% in the 4th quarter, HoldingsChannel reports. The fund owned 209,548 shares of the industrial products company’s stock after acquiring an additional 73,008 shares during the period. Villanova Investment Management Co LLC’s holdings in Titan International were worth $1,423,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in Titan International by 136.2% in the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 3,132 shares during the period. Quarry LP acquired a new stake in shares of Titan International in the third quarter valued at about $41,000. FMR LLC increased its stake 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 valued at $43,000 after buying an additional 1,625 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Titan International during the fourth quarter worth about $54,000. Finally, Mraz Amerine & Associates Inc. acquired a new position in shares of Titan International in the fourth quarter worth approximately $74,000. Institutional investors and hedge funds own 80.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TWI. DA Davidson initiated coverage on shares of Titan International in a research report on Friday, December 13th. They set a “buy” rating and a $11.00 target price for the company. StockNews.com upgraded shares of Titan International from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Cantor Fitzgerald assumed coverage on shares of Titan International in a report on Thursday, March 20th. They issued an “overweight” rating and a $11.00 target price on the stock.

Titan International Price Performance

Titan International stock opened at $8.41 on Tuesday. The stock’s 50 day moving average price is $8.58 and its two-hundred day moving average price is $7.74. The stock has a market capitalization of $531.18 million, a price-to-earnings ratio of -70.04 and a beta of 1.77. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 2.38. Titan International, Inc. has a 52-week low of $6.34 and a 52-week high of $12.77.

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.