Titan International, Inc. (NYSE:TWI) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC trimmed its position in Titan International, Inc. (NYSE:TWI) by 16.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,678 shares of the industrial products company’s stock after selling 5,025 shares during the quarter. SG Americas Securities LLC’s holdings in Titan International were worth $174,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC boosted its stake in shares of Titan International by 43.7% during the 3rd quarter. FMR LLC now owns 5,343 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 1,625 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Titan International by 136.2% during the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 3,132 shares in the last quarter. Koss Olinger Consulting LLC raised its position in shares of Titan International by 9.7% during the third quarter. Koss Olinger Consulting LLC now owns 48,681 shares of the industrial products company’s stock worth $396,000 after acquiring an additional 4,309 shares during the last quarter. Quarry LP acquired a new stake in Titan International during the 3rd quarter worth $41,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Titan International by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 506,551 shares of the industrial products company’s stock worth $4,118,000 after buying an additional 6,112 shares during the last quarter. Hedge funds and other institutional investors own 80.39% of the company’s stock.

Titan International Trading Up 0.7 %

Shares of NYSE:TWI opened at $8.64 on Monday. The stock has a market cap of $545.53 million, a PE ratio of -72.00 and a beta of 1.82. The company has a quick ratio of 1.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.84. Titan International, Inc. has a 12-month low of $6.34 and a 12-month high of $14.73. The business has a 50 day moving average of $7.54 and a 200-day moving average of $7.59.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. StockNews.com cut Titan International from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. DA Davidson assumed coverage on shares of Titan International in a research note on Friday, December 13th. They issued a “buy” rating and a $11.00 price target for the company.

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.