Cortina Asset Management Decreased Its Titan International (TWI) Position; Last Week 3i Infrastructure plc (LON:3IN) Coverage

July 25, 2018 - By William Brooks

Cortina Asset Management Llc decreased Titan International Inc (TWI) stake by 15.66% reported in 2018Q1 SEC filing. Cortina Asset Management Llc sold 81,614 shares as Titan International Inc (TWI)’s stock declined 15.50%. The Cortina Asset Management Llc holds 439,678 shares with $5.54 million value, down from 521,292 last quarter. Titan International Inc now has $604.21 million valuation. The stock decreased 1.08% or $0.11 during the last trading session, reaching $10.1. About 195,020 shares traded. Titan International, Inc. (NYSE:TWI) has risen 11.92% since July 25, 2017 and is uptrending. It has underperformed by 0.65% the S&P500. Some Historical TWI News: 03/05/2018 – TITAN INTERNATIONAL-RISING INTEREST RATES, SLUGGISH COMMODITY PRICES ALSO THREATEN FARMER DEMAND FOR NEW EQUIPMENT THROUGH REMAINDER OF 2018 & BEYOND; 16/04/2018 – Titan International: A Search for Mr. Froisland’s Replacement Is in Process; 13/03/2018 Titan International, Inc. Announces First Quarter 2018 Cash Dividend; 03/05/2018 – TITAN INTERNATIONAL – UNCERTAINTIES CREATE POTENTIAL FOR FARMERS TO FURTHER DELAY UPGRADING THEIR EQUIPMENT; 16/03/2018 – DEEP ECO: TWI May Benefit, Industry Posts 15th Straight Gain; 16/05/2018 – DEEP ECO: Titan International May Face Pressure, Machinery Down; 16/04/2018 – Titan International: Co Will Not Renew Employment Agreement of CFO, CIO James M. Froisland; 02/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within RCI Hospitality, Landstar System, Titan International, Key; 16/04/2018 – TITAN: CFO AGREEMENT WON’T BE RENEWED, LOOKING FOR REPLACEMENT; 16/04/2018 – Titan International, Inc. Announces Plans to Transition Chief Financial Officer Position

Among 2 analysts covering 3i Infrastructure Ltd (LON:3IN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. 3i Infrastructure Ltd had 2 analyst reports since February 21, 2018 according to SRatingsIntel. The stock of 3i Infrastructure plc (LON:3IN) has “Buy” rating given on Wednesday, February 21 by Jefferies. As per Thursday, February 22, the company rating was maintained by RBC Capital Markets. See 3i Infrastructure plc (LON:3IN) latest ratings:

22/02/2018 Broker: RBC Capital Markets Rating: Outperform Old Target: GBX 215.00 New Target: GBX 240.00 Maintain
21/02/2018 Broker: Jefferies Rating: Buy Upgrade

Cortina Asset Management Llc increased Astec Industries Inc (NASDAQ:ASTE) stake by 33,090 shares to 134,586 valued at $7.43 million in 2018Q1. It also upped Abraxas Petroleum Corp (NASDAQ:AXAS) stake by 347,189 shares and now owns 2.33 million shares. Repligen Corp (NASDAQ:RGEN) was raised too.

Investors sentiment increased to 1.27 in 2018 Q1. Its up 0.37, from 0.9 in 2017Q4. It is positive, as 12 investors sold TWI shares while 43 reduced holdings. 26 funds opened positions while 44 raised stakes. 51.29 million shares or 0.87% less from 51.74 million shares in 2017Q4 were reported. New York State Teachers Retirement System holds 21,884 shares. Great West Life Assurance Co Can has 0% invested in Titan International, Inc. (NYSE:TWI) for 65,623 shares. 125,485 were accumulated by Victory Cap Mngmt. 557,877 are held by Fincl Bank Of Ny Mellon Corporation. Gardner Lewis Asset Mngmt Limited Partnership owns 163,628 shares. Clarivest Asset Mgmt Limited Liability accumulated 0.04% or 187,455 shares. Metropolitan Life Insurance Communications Ny has 0% invested in Titan International, Inc. (NYSE:TWI) for 16,205 shares. The Maryland-based Price T Rowe Associate Md has invested 0% in Titan International, Inc. (NYSE:TWI). Rhumbline Advisers invested in 121,559 shares or 0% of the stock. Hsbc Holdings Plc accumulated 19,966 shares. Dimensional Fund Advsrs LP owns 4.31 million shares for 0.02% of their portfolio. California State Teachers Retirement System accumulated 75,686 shares. California Pub Employees Retirement Sys has invested 0% in Titan International, Inc. (NYSE:TWI). 30,631 are owned by Pub Sector Pension Investment Board. Hightower Advsrs Limited Company has invested 0% in Titan International, Inc. (NYSE:TWI).

Analysts await Titan International, Inc. (NYSE:TWI) to report earnings on August, 2. They expect $0.20 EPS, up 322.22% or $0.29 from last year’s $-0.09 per share. TWI’s profit will be $11.96 million for 12.63 P/E if the $0.20 EPS becomes a reality. After $0.23 actual EPS reported by Titan International, Inc. for the previous quarter, Wall Street now forecasts -13.04% negative EPS growth.

3i Infrastructure plc is an investment firm specializing in infrastructure investments. the firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. The company has market cap of 1.94 billion GBP. It may invest in junior or mezzanine debt in infrastructure businesses or assets. It has a 4.03 P/E ratio. The firm primarily invests in core infrastructure companies and assets with a focus on the utilities, transportation, energies, social infrastructure and adjacent sectors; primary PPP with a focus on greenfield projects in education, transport, healthcare; public sector accommodation sectors and low-risk energy projects with a focus on wind, solar, offshore transmission in developed markets; and mid-market economic infrastructure with a focus on low-risk energy projects.

Titan International, Inc. (NYSE:TWI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: