Titan International, Inc. (NYSE:TWI) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,650,591 shares of the industrial products company's stock after selling 117,916 shares during the quarter. Vanguard Group Inc. owned 5.78% of Titan International worth $24,788,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of TWI. Victory Capital Management Inc. boosted its position in Titan International by 21.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,953,866 shares of the industrial products company's stock worth $13,267,000 after purchasing an additional 344,658 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Titan International by 5.1% in the 4th quarter. Empowered Funds LLC now owns 312,387 shares of the industrial products company's stock worth $2,121,000 after buying an additional 15,245 shares in the last quarter. Principal Financial Group Inc. grew its stake 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 during the last quarter. First Eagle Investment Management LLC purchased a new position in Titan International during the 4th quarter valued at about $1,211,000. Finally, Capital Investment Counsel Inc increased its holdings in Titan International by 21.3% during the 4th quarter. Capital Investment Counsel Inc now owns 143,878 shares of the industrial products company's stock valued at $977,000 after acquiring an additional 25,275 shares in the last quarter. Institutional investors and hedge funds own 80.39% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on TWI shares. Cantor Fitzgerald began coverage on shares of Titan International in a research report on Thursday, March 20th. They issued an "overweight" rating and a $11.00 price target on the stock. StockNews.com upgraded Titan International from a "sell" rating to a "hold" rating in a report on Saturday, March 29th.

Titan International Trading Up 1.3 %

Shares of Titan International stock traded up $0.09 during mid-day trading on Friday, hitting $6.86. 377,928 shares of the stock were exchanged, compared to its average volume of 723,953. The stock has a market capitalization of $433.22 million, a price-to-earnings ratio of -57.13 and a beta of 1.64. Titan International, Inc. has a twelve month low of $5.93 and a twelve month high of $11.97. 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 company has a 50-day simple moving average of $8.09 and a 200 day simple moving average of $7.63.

Titan International 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.