Fishman Jay A Ltd. MI Sells 18,305 Shares of Titan International, Inc. (NYSE:TWI)

Fishman Jay A Ltd. MI lessened its position in Titan International, Inc. (NYSE:TWI) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,220,507 shares of the industrial products company’s stock after selling 18,305 shares during the quarter. Titan International makes up about 1.4% of Fishman Jay A Ltd. MI’s investment portfolio, making the stock its 15th largest holding. Fishman Jay A Ltd. MI’s holdings in Titan International were worth $15,077,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TWI. GAMMA Investing LLC lifted its position in Titan International by 136.2% during the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company’s stock valued at $37,000 after buying an additional 3,132 shares during the period. Quarry LP bought a new position in shares of Titan International in the 3rd quarter worth about $41,000. FMR LLC lifted its position in Titan International by 43.7% during the 3rd quarter. FMR LLC now owns 5,343 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 1,625 shares during the period. Quantinno Capital Management LP bought a new stake in Titan International during the third quarter worth about $92,000. Finally, Intech Investment Management LLC purchased a new stake in Titan International in the third quarter worth about $117,000. 80.39% of the stock is currently owned by institutional investors.

Titan International Stock Up 2.3 %

Shares of TWI stock opened at $9.14 on Wednesday. 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 one year low of $6.34 and a one year high of $14.73. The company’s 50-day moving average is $7.57 and its 200 day moving average is $7.59.

Analysts Set New Price Targets

TWI has been the subject of several recent research reports. StockNews.com upgraded shares of Titan International from a “sell” rating to a “hold” rating in a report on Wednesday. DA Davidson began coverage on Titan International in a research note on Friday, December 13th. They set a “buy” rating and a $11.00 price objective for the company.

Titan International Company 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.