Kronos Worldwide, Inc. (NYSE:KRO) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC decreased its holdings in shares of Kronos Worldwide, Inc. (NYSE:KRO - Free Report) by 18.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,380 shares of the specialty chemicals company's stock after selling 28,640 shares during the quarter. Los Angeles Capital Management LLC owned about 0.11% of Kronos Worldwide worth $1,222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in KRO. Y Intercept Hong Kong Ltd purchased a new stake in shares of Kronos Worldwide during the 4th quarter valued at about $233,000. Allworth Financial LP acquired a new stake in Kronos Worldwide in the fourth quarter valued at approximately $180,000. Rhumbline Advisers raised its stake in shares of Kronos Worldwide by 8.7% during the fourth quarter. Rhumbline Advisers now owns 34,948 shares of the specialty chemicals company's stock valued at $341,000 after purchasing an additional 2,800 shares during the period. Barclays PLC lifted its position in shares of Kronos Worldwide by 329.5% during the third quarter. Barclays PLC now owns 33,695 shares of the specialty chemicals company's stock worth $419,000 after purchasing an additional 25,849 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Kronos Worldwide by 40.9% in the third quarter. Public Employees Retirement System of Ohio now owns 28,055 shares of the specialty chemicals company's stock valued at $349,000 after purchasing an additional 8,150 shares during the period. 15.11% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Kronos Worldwide from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Kronos Worldwide currently has an average rating of "Hold" and an average target price of $12.00.

Kronos Worldwide Stock Up 4.1 %

NYSE KRO traded up $0.34 during trading hours on Wednesday, reaching $8.60. 154,816 shares of the company traded hands, compared to its average volume of 199,224. The stock has a market capitalization of $988.73 million, a PE ratio of 10.61 and a beta of 1.16. The company has a current ratio of 2.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56. Kronos Worldwide, Inc. has a 12 month low of $8.21 and a 12 month high of $14.50. The company has a 50 day moving average of $9.34 and a two-hundred day moving average of $10.65.

Kronos Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Tuesday, March 11th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $0.20 dividend on an annualized basis and a yield of 2.33%. Kronos Worldwide's dividend payout ratio (DPR) is 24.69%.

Kronos Worldwide Company 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.