UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $848,000 Stock Position in Titan International, Inc. (NYSE:TWI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Titan International, Inc. (NYSE:TWI) by 7.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 104,342 shares of the industrial products company’s stock after buying an additional 7,420 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.17% of Titan International worth $848,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Innealta Capital LLC bought a new stake in shares of Titan International during the second quarter valued at approximately $27,000. nVerses Capital LLC boosted its stake in Titan International by 344.4% during the second 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 in the last quarter. FMR LLC increased its holdings in Titan International by 43.7% in the 3rd quarter. FMR LLC now owns 5,343 shares of the industrial products company’s stock valued at $43,000 after buying an additional 1,625 shares during the period. SG Americas Securities LLC acquired a new position in shares of Titan International in the 2nd quarter valued at $101,000. Finally, Intech Investment Management LLC acquired a new position in shares of Titan International in the 3rd quarter valued at $117,000. 80.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on TWI. DA Davidson began coverage on shares of Titan International in a research report on Friday, December 13th. They set a “buy” rating and a $11.00 target price on the stock. StockNews.com downgraded Titan International from a “hold” rating to a “sell” rating in a report on Thursday.

Titan International Stock Performance

Titan International stock opened at $7.03 on Friday. The firm has a market capitalization of $443.87 million, a P/E ratio of -58.58 and a beta of 1.83. The stock has a fifty day moving average price of $7.23 and a two-hundred day moving average price of $7.58. Titan International, Inc. has a 52-week low of $6.34 and a 52-week high of $15.33. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.38 and a quick ratio of 1.33.

About Titan International

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.