Two Sigma Investments LP Has $846,000 Stock Holdings in Titan International, Inc. (NYSE:TWI)

Two Sigma Investments LP grew its position in Titan International, Inc. (NYSE:TWI - Free Report) by 35.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 124,617 shares of the industrial products company's stock after buying an additional 32,741 shares during the period. Two Sigma Investments LP owned approximately 0.20% of Titan International worth $846,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TWI. Proficio Capital Partners LLC bought a new position in Titan International during the fourth quarter worth about $126,000. ExodusPoint Capital Management LP acquired a new stake in shares of Titan International during the fourth quarter worth about $236,000. Jump Financial LLC bought a new position in shares of Titan International during the 4th quarter valued at about $116,000. Mariner LLC lifted its holdings in shares of Titan International by 24.2% during the 4th quarter. Mariner LLC now owns 29,020 shares of the industrial products company's stock valued at $197,000 after purchasing an additional 5,655 shares in the last quarter. Finally, MetLife Investment Management LLC grew its position in shares of Titan International by 14.1% in the 4th quarter. MetLife Investment Management LLC now owns 26,763 shares of the industrial products company's stock valued at $182,000 after purchasing an additional 3,310 shares during the period. Institutional investors and hedge funds own 80.39% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on TWI. Noble Financial started coverage on shares of Titan International in a report on Wednesday, June 4th. They set an "outperform" rating and a $11.00 target price on the stock. Wall Street Zen raised shares of Titan International from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Finally, Cantor Fitzgerald initiated coverage on shares of Titan International in a report on Thursday, March 20th. They set an "overweight" rating and a $11.00 price objective on the stock.

Titan International Stock Down 0.6%

Shares of TWI stock traded down $0.05 on Tuesday, hitting $9.27. 674,577 shares of the stock were exchanged, compared to its average volume of 719,108. The company has a current ratio of 2.38, a quick ratio of 1.33 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $590.28 million, a P/E ratio of -77.22 and a beta of 1.95. Titan International, Inc. has a fifty-two week low of $5.93 and a fifty-two week high of $9.60. The business has a 50-day moving average of $7.16 and a 200 day moving average of $7.68.

Titan International (NYSE:TWI - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). The firm had revenue of $490.71 million for the quarter, compared to analyst estimates of $466.86 million. Titan International had a positive return on equity of 5.76% and a negative net margin of 0.51%. Equities analysts anticipate that Titan International, Inc. will post 0.03 EPS for the current year.

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.