Victory Capital Management Inc. Raises Holdings in Titan International, Inc. (NYSE:TWI)

Victory Capital Management Inc. boosted its position in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 31.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,609,208 shares of the industrial products company's stock after buying an additional 388,864 shares during the quarter. Victory Capital Management Inc. owned 2.55% of Titan International worth $13,083,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Innealta Capital LLC acquired a new position in shares of Titan International during the 2nd quarter worth approximately $27,000. Gladius Capital Management LP acquired a new stake in Titan International in the second quarter valued at approximately $30,000. nVerses Capital LLC lifted its holdings in Titan International by 344.4% during the 2nd quarter. nVerses Capital LLC now owns 4,000 shares of the industrial products company's stock worth $30,000 after buying an additional 3,100 shares during the last quarter. CWM LLC raised its stake in Titan International by 46.8% during the 2nd quarter. CWM LLC now owns 8,837 shares of the industrial products company's stock worth $65,000 after acquiring an additional 2,819 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Titan International in the 2nd quarter valued at $101,000. Hedge funds and other institutional investors own 80.39% of the company's stock.

Titan International Trading Up 4.6 %

TWI traded up $0.31 during trading on Thursday, hitting $7.09. 331,259 shares of the company's stock were exchanged, compared to its average volume of 514,681. The company has a current ratio of 2.38, a quick ratio of 1.33 and a debt-to-equity ratio of 0.84. Titan International, Inc. has a 1 year low of $6.34 and a 1 year high of $15.33. The firm has a market cap of $447.66 million, a P/E ratio of -58.42 and a beta of 1.82. The stock has a 50 day moving average price of $7.38 and a 200 day moving average price of $7.74.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Titan International from a "sell" rating to a "hold" rating in a report on Wednesday, November 13th.

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.