AlphaQuest LLC Has $42,000 Holdings in Kronos Worldwide, Inc. (NYSE:KRO)

AlphaQuest LLC lowered its position in Kronos Worldwide, Inc. (NYSE:KRO - Free Report) by 92.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,321 shares of the specialty chemicals company's stock after selling 50,505 shares during the quarter. AlphaQuest LLC's holdings in Kronos Worldwide were worth $42,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP bought a new stake in Kronos Worldwide during the 3rd quarter valued at $67,000. Point72 Asia Singapore Pte. Ltd. grew its stake in Kronos Worldwide by 1,086.7% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,600 shares of the specialty chemicals company's stock valued at $120,000 after purchasing an additional 8,791 shares in the last quarter. Centiva Capital LP acquired a new stake in shares of Kronos Worldwide in the 3rd quarter valued at $138,000. Allworth Financial LP acquired a new position in Kronos Worldwide during the fourth quarter valued at approximately $180,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Kronos Worldwide in the fourth quarter worth about $233,000. 15.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Kronos Worldwide

In other news, Director Kevin B. Kramer bought 14,000 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of $7.43 per share, for a total transaction of $104,020.00. Following the purchase, the director now owns 21,460 shares of the company's stock, valued at approximately $159,447.80. The trade was a 187.67 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.11% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com raised Kronos Worldwide from a "hold" rating to a "buy" rating in a report on Tuesday, March 18th.

Kronos Worldwide Trading Up 1.6 %

Shares of Kronos Worldwide stock traded up $0.12 during trading on Monday, reaching $7.83. 164,163 shares of the company were exchanged, compared to its average volume of 193,496. The business has a 50-day moving average price of $8.93 and a 200-day moving average price of $10.32. The firm has a market capitalization of $900.73 million, a price-to-earnings ratio of 9.67 and a beta of 1.16. The company has a quick ratio of 1.30, a current ratio of 2.68 and a debt-to-equity ratio of 0.56. Kronos Worldwide, Inc. has a twelve month low of $7.17 and a twelve month high of $14.50.

Kronos Worldwide (NYSE:KRO - Get Free Report) last posted its earnings results on Thursday, March 6th. The specialty chemicals company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.31). Kronos Worldwide had a return on equity of 11.74% and a net margin of 5.05%. The company had revenue of $423.10 million for the quarter, compared to analyst estimates of $494.19 million.

Kronos Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors 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 annualized dividend and a yield of 2.55%. Kronos Worldwide's dividend payout ratio is currently 27.03%.

About Kronos Worldwide

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.