Titan International (NYSE:TWI – Get Free Report) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
Separately, DA Davidson assumed coverage on shares of Titan International in a report on Friday, December 13th. They issued a “buy” rating and a $11.00 price objective on the stock.
View Our Latest Stock Report on TWI
Titan International Trading Down 0.2 %
Institutional Investors Weigh In On Titan International
Several institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. grew its position in 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 acquiring an additional 1,464 shares in the last quarter. FMR LLC boosted 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 purchasing an additional 1,625 shares during the period. GAMMA Investing LLC grew its holdings in shares of 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 in the last quarter. Koss Olinger Consulting LLC grew its holdings in shares of Titan International by 9.7% in the third quarter. Koss Olinger Consulting LLC now owns 48,681 shares of the industrial products company’s stock valued at $396,000 after purchasing an additional 4,309 shares in the last quarter. Finally, Quarry LP purchased a new stake in Titan International during the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 80.39% of the company’s stock.
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.
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