Quest Partners LLC Invests $159,000 in Titan International, Inc. (NYSE:TWI)

Quest Partners LLC purchased a new stake in Titan International, Inc. (NYSE:TWI) in the third quarter, Holdings Channel reports. The firm purchased 19,514 shares of the industrial products company’s stock, valued at approximately $159,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Pacer Advisors Inc. grew its holdings in Titan International by 35.6% in the 2nd quarter. Pacer Advisors Inc. now owns 4,479,660 shares of the industrial products company’s stock valued at $33,194,000 after buying an additional 1,175,857 shares in the last quarter. Vanguard Group Inc. increased its position in Titan International by 0.3% during the first quarter. Vanguard Group Inc. now owns 3,878,594 shares of the industrial products company’s stock worth $48,327,000 after purchasing an additional 10,537 shares during the last quarter. Victory Capital Management Inc. increased its position in Titan International by 31.9% during the third quarter. Victory Capital Management Inc. now owns 1,609,208 shares of the industrial products company’s stock worth $13,083,000 after purchasing an additional 388,864 shares during the last quarter. LSV Asset Management boosted its holdings in Titan International by 6.1% in the 2nd quarter. LSV Asset Management now owns 828,300 shares of the industrial products company’s stock valued at $6,138,000 after purchasing an additional 47,600 shares during the last quarter. Finally, Grace & White Inc. NY boosted its holdings in Titan International by 68.7% in the 2nd quarter. Grace & White Inc. NY now owns 403,828 shares of the industrial products company’s stock valued at $2,992,000 after purchasing an additional 164,500 shares during the last quarter. Institutional investors and hedge funds own 80.39% of the company’s stock.

Titan International Stock Performance

Shares of Titan International stock opened at $7.37 on Friday. The firm has a market cap of $465.33 million, a PE ratio of -61.42 and a beta of 1.82. The company has a quick ratio of 1.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.84. Titan International, Inc. has a 52 week low of $6.34 and a 52 week high of $15.33. The business’s fifty day simple moving average is $7.26 and its 200-day simple moving average is $7.68.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Titan International from a “sell” rating to a “hold” rating in a research 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.