Trexquant Investment LP Takes Position in Titan International, Inc. (NYSE:TWI)

Trexquant Investment LP acquired a new stake in shares of Titan International, Inc. (NYSE:TWI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 94,066 shares of the industrial products company's stock, valued at approximately $639,000. Trexquant Investment LP owned 0.15% of Titan International as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings 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 during the last quarter. FMR LLC lifted its position in Titan International by 43.7% during the third quarter. FMR LLC now owns 5,343 shares of the industrial products company's stock worth $43,000 after buying an additional 1,625 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in Titan International in the 4th quarter worth about $54,000. Mraz Amerine & Associates Inc. purchased a new stake in Titan International in the 4th quarter valued at about $74,000. Finally, Miller Financial Services LLC acquired a new position in shares of Titan International during the 4th quarter valued at about $85,000. Institutional investors and hedge funds own 80.39% of the company's stock.

Titan International Trading Up 0.6 %

TWI traded up $0.04 on Thursday, reaching $6.81. 51,961 shares of the company's stock were exchanged, compared to its average volume of 718,040. The company has a market cap of $430.38 million, a price-to-earnings ratio of -56.69 and a beta of 1.64. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 2.38. Titan International, Inc. has a twelve month low of $5.93 and a twelve month high of $11.97. The company's 50 day moving average is $8.17 and its 200-day moving average is $7.64.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TWI. Cantor Fitzgerald assumed coverage on shares of Titan International in a report on Thursday, March 20th. They issued an "overweight" rating and a $11.00 target price for the company. StockNews.com upgraded Titan International from a "sell" rating to a "hold" rating in a report on Saturday, March 29th.

Titan International Company 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.