Dimensional Fund Advisors LP Purchases 109,674 Shares of Kronos Worldwide, Inc. (NYSE:KRO)

Dimensional Fund Advisors LP lifted its position in Kronos Worldwide, Inc. (NYSE:KRO - Free Report) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,165,098 shares of the specialty chemicals company's stock after buying an additional 109,674 shares during the quarter. Dimensional Fund Advisors LP owned about 2.75% of Kronos Worldwide worth $30,859,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new stake in Kronos Worldwide in the 4th quarter valued at about $25,000. KLP Kapitalforvaltning AS bought a new position in shares of Kronos Worldwide during the 4th quarter worth approximately $30,000. Caisse Des Depots ET Consignations acquired a new position in shares of Kronos Worldwide during the 4th quarter worth approximately $54,000. Trexquant Investment LP acquired a new position in shares of Kronos Worldwide during the 4th quarter worth approximately $104,000. Finally, XTX Topco Ltd bought a new stake in Kronos Worldwide in the 4th quarter valued at $165,000. 15.11% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Kronos Worldwide from a "hold" rating to a "buy" rating in a research note on Tuesday, March 18th.

Insider Activity

In related news, Director Kevin B. Kramer acquired 14,000 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was purchased at an average cost of $7.43 per share, with a total value of $104,020.00. Following the acquisition, the director now directly owns 21,460 shares of the company's stock, valued at approximately $159,447.80. The trade was a 187.67 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.11% of the stock is owned by company insiders.

Kronos Worldwide Stock Performance

KRO traded up $0.07 during trading on Friday, hitting $7.29. The stock had a trading volume of 211,911 shares, compared to its average volume of 212,342. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.68 and a quick ratio of 1.30. The company has a 50 day moving average price of $7.43 and a 200-day moving average price of $9.25. Kronos Worldwide, Inc. has a one year low of $6.19 and a one year high of $14.50. The firm has a market cap of $838.61 million, a price-to-earnings ratio of 9.00 and a beta of 1.22.

Kronos Worldwide (NYSE:KRO - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The specialty chemicals company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01). Kronos Worldwide had a net margin of 5.05% and a return on equity of 11.74%. The business had revenue of $489.80 million during the quarter, compared to analyst estimates of $466.56 million.

Kronos Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Tuesday, March 11th were given a $0.05 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.74%. Kronos Worldwide's payout ratio is 24.10%.

Kronos Worldwide Profile

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics.