Titan International, Inc. (NYSE:TWI) Shares Purchased by Inceptionr LLC

Inceptionr LLC increased its position in shares of Titan International, Inc. (NYSE:TWI) by 156.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,907 shares of the industrial products company’s stock after purchasing an additional 17,633 shares during the period. Inceptionr LLC’s holdings in Titan International were worth $196,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC grew its stake in shares of Titan International by 136.2% during the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 3,132 shares in the last quarter. Quarry LP acquired a new position in shares of Titan International during the third quarter worth $41,000. FMR LLC lifted its position in 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 acquiring an additional 1,625 shares during the last quarter. Mraz Amerine & Associates Inc. purchased a new stake in Titan International in the fourth quarter valued at $74,000. Finally, Quantinno Capital Management LP purchased a new stake in Titan International in the third quarter valued at $92,000. Institutional investors and hedge funds own 80.39% of the company’s stock.

Titan International Price Performance

Shares of TWI opened at $8.85 on Tuesday. The firm has a fifty day moving average price of $8.09 and a 200 day moving average price of $7.70. Titan International, Inc. has a 1-year low of $6.34 and a 1-year high of $12.95. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.38 and a quick ratio of 1.33. The stock has a market cap of $558.99 million, a PE ratio of -73.71 and a beta of 1.77.

Wall Street Analyst Weigh In

TWI has been the subject of a number of research reports. DA Davidson initiated coverage on shares of Titan International in a research report on Friday, December 13th. They issued a “buy” rating and a $11.00 price target for the company. StockNews.com raised shares of Titan International from a “sell” rating to a “hold” rating in a research report on Wednesday, February 12th.

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.