Kronos Worldwide, Inc. (KRO) Shares Sold by James Investment Research Inc.
James Investment Research Inc. decreased its position in Kronos Worldwide, Inc. (NYSE:KRO) by 96.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,625 shares of the specialty chemicals company’s stock after selling 149,495 shares during the quarter. James Investment Research Inc.’s holdings in Kronos Worldwide were worth $145,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Macquarie Group Ltd. purchased a new stake in Kronos Worldwide in the third quarter valued at approximately $114,000. Zacks Investment Management purchased a new stake in Kronos Worldwide in the second quarter valued at approximately $207,000. Winslow Evans & Crocker Inc. purchased a new stake in Kronos Worldwide in the third quarter valued at approximately $208,000. Neuberger Berman Group LLC purchased a new stake in Kronos Worldwide in the third quarter valued at approximately $215,000. Finally, AMP Capital Investors Ltd purchased a new stake in Kronos Worldwide in the third quarter valued at approximately $226,000. 15.97% of the stock is currently owned by institutional investors.
Shares of Kronos Worldwide, Inc. (NYSE KRO) opened at $25.27 on Friday. Kronos Worldwide, Inc. has a 12-month low of $12.61 and a 12-month high of $29.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.86 and a current ratio of 4.26. The firm has a market capitalization of $3,239.46, a price-to-earnings ratio of 19.14, a PEG ratio of 2.43 and a beta of 2.25.
A number of analysts have issued reports on the company. ValuEngine raised Kronos Worldwide from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. SunTrust Banks boosted their target price on Kronos Worldwide from $21.00 to $24.00 and gave the company a “hold” rating in a research report on Wednesday, October 11th. Finally, Barclays upped their price objective on Kronos Worldwide from $17.00 to $24.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $24.00.
Kronos Worldwide Company Profile
Kronos Worldwide, Inc (Kronos) is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe and North America.
Want to see what other hedge funds are holding KRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kronos Worldwide, Inc. (NYSE:KRO).
Receive News & Ratings for Kronos Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.