Villanova Investment Management Co LLC Buys 73,008 Shares of Titan International, Inc. (NYSE:TWI)

Villanova Investment Management Co LLC increased its position in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 53.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,548 shares of the industrial products company's stock after purchasing an additional 73,008 shares during the period. Villanova Investment Management Co LLC owned about 0.33% of Titan International worth $1,423,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Victory Capital Management Inc. increased its holdings in Titan International by 21.4% in the 4th quarter. Victory Capital Management Inc. now owns 1,953,866 shares of the industrial products company's stock valued at $13,267,000 after buying an additional 344,658 shares during the period. First Eagle Investment Management LLC bought a new stake in Titan International in the fourth quarter valued at about $1,211,000. Barclays PLC raised its position in Titan International by 207.1% in the third quarter. Barclays PLC now owns 107,669 shares of the industrial products company's stock worth $877,000 after purchasing an additional 72,612 shares in the last quarter. Verition Fund Management LLC lifted its stake in Titan International by 396.6% during the third quarter. Verition Fund Management LLC now owns 56,738 shares of the industrial products company's stock worth $461,000 after purchasing an additional 45,313 shares during the period. Finally, Readystate Asset Management LP acquired a new stake in Titan International during the third quarter valued at approximately $355,000. 80.39% of the stock is currently owned by institutional investors and hedge funds.

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Titan International Price Performance

Shares of NYSE:TWI traded down $1.25 during trading on Thursday, reaching $6.98. The stock had a trading volume of 1,431,183 shares, compared to its average volume of 698,251. The stock has a market capitalization of $440.81 million, a PE ratio of -58.13 and a beta of 1.77. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.38 and a quick ratio of 1.33. Titan International, Inc. has a 52 week low of $6.34 and a 52 week high of $12.77. The business's 50-day moving average price is $8.60 and its 200 day moving average price is $7.75.

Analyst Upgrades and Downgrades

TWI has been the subject of several analyst reports. Cantor Fitzgerald assumed coverage on Titan International in a research report on Thursday, March 20th. They set an "overweight" rating and a $11.00 target price for the company. StockNews.com raised Titan International from a "sell" rating to a "hold" rating in a report on Saturday, March 29th. Finally, DA Davidson initiated coverage on shares of Titan International in a report on Friday, December 13th. They issued a "buy" rating and a $11.00 target price on the stock.

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.