Kronos Worldwide Inc (KRO) Shares Sold by Eqis Capital Management Inc.

Eqis Capital Management Inc. decreased its position in shares of Kronos Worldwide Inc (NYSE:KRO) by 25.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,663 shares of the specialty chemicals company’s stock after selling 13,617 shares during the quarter. Eqis Capital Management Inc.’s holdings in Kronos Worldwide were worth $928,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in KRO. Nationwide Fund Advisors boosted its stake in shares of Kronos Worldwide by 10.0% during the 1st quarter. Nationwide Fund Advisors now owns 14,573 shares of the specialty chemicals company’s stock worth $239,000 after acquiring an additional 1,326 shares in the last quarter. Karp Capital Management Corp purchased a new stake in shares of Kronos Worldwide during the 1st quarter worth approximately $517,000. Parametric Portfolio Associates LLC boosted its stake in shares of Kronos Worldwide by 9.3% during the 1st quarter. Parametric Portfolio Associates LLC now owns 119,679 shares of the specialty chemicals company’s stock worth $1,966,000 after acquiring an additional 10,148 shares in the last quarter. American International Group Inc. boosted its stake in shares of Kronos Worldwide by 7.1% during the 1st quarter. American International Group Inc. now owns 13,550 shares of the specialty chemicals company’s stock worth $223,000 after acquiring an additional 894 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Kronos Worldwide by 3.2% during the 1st quarter. Vanguard Group Inc. now owns 1,624,570 shares of the specialty chemicals company’s stock worth $26,691,000 after acquiring an additional 50,903 shares in the last quarter. 15.41% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts have recently commented on the company. SunTrust Banks, Inc. boosted their price target on Kronos Worldwide from $21.00 to $24.00 and gave the stock a “hold” rating in a research note on Wednesday, October 11th. ValuEngine lowered Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research lowered Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 27th. BidaskClub raised Kronos Worldwide from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. Finally, Barclays PLC upped their target price on Kronos Worldwide from $15.00 to $17.00 and gave the company an “underweight” rating in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Kronos Worldwide presently has a consensus rating of “Hold” and an average target price of $21.67.

Kronos Worldwide Inc (NYSE KRO) traded up 1.36% during midday trading on Friday, reaching $26.17. The company had a trading volume of 269,810 shares. The company’s 50 day moving average is $23.20 and its 200-day moving average is $19.77. The company has a market capitalization of $3.03 billion, a P/E ratio of 10.88 and a beta of 2.17. Kronos Worldwide Inc has a 52-week low of $7.27 and a 52-week high of $26.47.

Kronos Worldwide 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.

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Institutional Ownership by Quarter for Kronos Worldwide (NYSE:KRO)

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