Kronos Worldwide Inc (KRO) Holdings Lifted by Deutsche Bank AG

Deutsche Bank AG boosted its position in shares of Kronos Worldwide Inc (NYSE:KRO) by 55.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 122,558 shares of the specialty chemicals company’s stock after buying an additional 43,510 shares during the quarter. Deutsche Bank AG owned 0.11% of Kronos Worldwide worth $3,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Macquarie Group Ltd. purchased a new position in Kronos Worldwide during the third quarter worth $114,000. Advisor Group Inc. boosted its stake in Kronos Worldwide by 285.0% during the fourth quarter. Advisor Group Inc. now owns 4,455 shares of the specialty chemicals company’s stock worth $115,000 after buying an additional 3,298 shares during the period. Teacher Retirement System of Texas purchased a new position in Kronos Worldwide during the fourth quarter worth $204,000. Neuberger Berman Group LLC purchased a new position in Kronos Worldwide during the third quarter worth $215,000. Finally, AMP Capital Investors Ltd purchased a new position in Kronos Worldwide during the third quarter worth $226,000. 16.92% of the stock is owned by institutional investors.

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KRO has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Kronos Worldwide from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. ValuEngine upgraded Kronos Worldwide from a “hold” rating to a “buy” rating in a research report on Thursday, March 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Kronos Worldwide currently has a consensus rating of “Hold” and an average price target of $24.67.

NYSE:KRO opened at $24.34 on Friday. Kronos Worldwide Inc has a twelve month low of $16.15 and a twelve month high of $29.49. The firm has a market cap of $2,819.90, a PE ratio of 12.95, a price-to-earnings-growth ratio of 1.59 and a beta of 2.37. The company has a quick ratio of 2.94, a current ratio of 4.59 and a debt-to-equity ratio of 0.72.

Kronos Worldwide (NYSE:KRO) last released its earnings results on Monday, March 12th. The specialty chemicals company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.35. Kronos Worldwide had a return on equity of 39.34% and a net margin of 20.50%. The business had revenue of $453.30 million during the quarter, compared to the consensus estimate of $421.00 million. sell-side analysts anticipate that Kronos Worldwide Inc will post 3.06 earnings per share for the current year.

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Kronos Worldwide Profile

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. It produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, such as paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, food, and cosmetics.

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

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