Texas Permanent School Fund Purchases 871 Shares of Titan International, Inc. (NYSE:TWI)

Texas Permanent School Fund lifted its position in Titan International, Inc. (NYSE:TWIGet Rating) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,135 shares of the industrial products company’s stock after acquiring an additional 871 shares during the quarter. Texas Permanent School Fund owned 0.06% of Titan International worth $561,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Captrust Financial Advisors raised its holdings in shares of Titan International by 5,040.0% in the first quarter. Captrust Financial Advisors now owns 1,799 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 1,764 shares in the last quarter. Van ECK Associates Corp grew its stake in Titan International by 50.0% in the second quarter. Van ECK Associates Corp now owns 2,535 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 845 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Titan International by 65.2% in the first quarter. PNC Financial Services Group Inc. now owns 3,516 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 1,388 shares during the last quarter. National Bank of Canada FI purchased a new position in Titan International in the second quarter valued at about $55,000. Finally, KBC Group NV purchased a new position in Titan International in the second quarter valued at about $66,000. 78.62% of the stock is currently owned by institutional investors.

Titan International Price Performance

TWI opened at $14.99 on Tuesday. Titan International, Inc. has a 1 year low of $6.69 and a 1 year high of $19.81. The firm has a market capitalization of $942.03 million, a PE ratio of 5.88 and a beta of 2.31. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.91 and a quick ratio of 1.04. The business’s 50-day moving average is $13.66 and its two-hundred day moving average is $15.09.

Insider Transactions at Titan International

In other news, General Counsel Michael G. Troyanovich sold 7,400 shares of the business’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $16.01, for a total transaction of $118,474.00. Following the sale, the general counsel now owns 186,385 shares in the company, valued at $2,984,023.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, General Counsel Michael G. Troyanovich sold 7,400 shares of the business’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $16.01, for a total transaction of $118,474.00. Following the sale, the general counsel now owns 186,385 shares in the company, valued at $2,984,023.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Paul G. Reitz sold 25,000 shares of the business’s stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $14.66, for a total value of $366,500.00. Following the sale, the chief executive officer now owns 227,413 shares in the company, valued at approximately $3,333,874.58. The disclosure for this sale can be found here. Insiders own 19.60% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Titan International in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock.

Titan International Profile

(Get Rating)

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally.

See Also

Want to see what other hedge funds are holding TWI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Titan International, Inc. (NYSE:TWIGet Rating).

Institutional Ownership by Quarter for Titan International (NYSE:TWI)

Receive News & Ratings for Titan International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Titan International and related companies with MarketBeat.com's FREE daily email newsletter.