Van Lanschot Kempen Investment Management N.V. Has $28.19 Million Stock Position in Tronox Holdings plc (NYSE:TROX)

Van Lanschot Kempen Investment Management N.V. increased its holdings in shares of Tronox Holdings plc (NYSE:TROX - Free Report) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,799,111 shares of the company's stock after acquiring an additional 139,401 shares during the period. Van Lanschot Kempen Investment Management N.V. owned about 1.77% of Tronox worth $28,187,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Tower Research Capital LLC TRC lifted its holdings in shares of Tronox by 418.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 41,796 shares of the company's stock valued at $421,000 after acquiring an additional 33,737 shares during the period. Capital International Investors boosted its position in Tronox by 14.8% in the fourth quarter. Capital International Investors now owns 6,060,943 shares of the company's stock valued at $61,034,000 after buying an additional 781,223 shares in the last quarter. Marshall Wace LLP grew its stake in Tronox by 131.2% during the fourth quarter. Marshall Wace LLP now owns 526,222 shares of the company's stock worth $5,299,000 after buying an additional 298,629 shares during the last quarter. Mariner LLC acquired a new stake in shares of Tronox during the fourth quarter worth approximately $105,000. Finally, Barclays PLC raised its stake in shares of Tronox by 11.5% in the fourth quarter. Barclays PLC now owns 203,683 shares of the company's stock valued at $2,051,000 after acquiring an additional 21,054 shares during the last quarter. Institutional investors own 73.36% of the company's stock.

Tronox Trading Down 1.9 %

Shares of Tronox stock traded down $0.11 during trading on Friday, hitting $5.60. 1,999,140 shares of the company were exchanged, compared to its average volume of 2,116,563. The firm has a market capitalization of $884.45 million, a P/E ratio of -18.06 and a beta of 1.53. The firm's fifty day moving average price is $6.60 and its 200 day moving average price is $9.60. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.47 and a quick ratio of 0.90. Tronox Holdings plc has a 1-year low of $4.35 and a 1-year high of $20.70.

Tronox (NYSE:TROX - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.03). Tronox had a negative net margin of 1.56% and a negative return on equity of 0.63%. As a group, sell-side analysts expect that Tronox Holdings plc will post 0.49 earnings per share for the current fiscal year.

Tronox Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 3rd were given a $0.125 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.50 annualized dividend and a dividend yield of 8.93%. Tronox's dividend payout ratio is presently -161.29%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Morgan Stanley dropped their price target on Tronox from $16.00 to $12.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. UBS Group lowered their target price on Tronox from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, February 13th. Mizuho reduced their price target on shares of Tronox from $11.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Truist Financial decreased their price objective on shares of Tronox from $14.00 to $10.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, The Goldman Sachs Group dropped their target price on shares of Tronox from $13.00 to $11.50 and set a "buy" rating for the company in a research note on Wednesday, February 26th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $12.93.

Insider Buying and Selling

In other news, Director Stephen J. Jones purchased 30,000 shares of the business's stock in a transaction dated Tuesday, March 18th. The shares were bought at an average cost of $7.17 per share, for a total transaction of $215,100.00. Following the completion of the acquisition, the director now directly owns 30,000 shares in the company, valued at approximately $215,100. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.70% of the stock is owned by company insiders.

Tronox Company Profile

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products.