The stock of Kronos Worldwide, Inc. (NYSE:KRO) is a huge mover today! About 308,071 shares traded hands or 20.55% up from the average. Kronos Worldwide, Inc. (NYSE:KRO) has risen 30.49% since April 5, 2016 and is uptrending. It has outperformed by 28.54% the S&P500.
The move comes after 7 months positive chart setup for the $1.13B company. It was reported on Nov, 8 by Barchart.com. We have $13.95 PT which if reached, will make NYSE:KRO worth $565.00 million more.
Kronos Worldwide, Inc. (NYSE:KRO) Ratings Coverage
Out of 2 analysts covering Kronos Worldwide (NYSE:KRO), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Kronos Worldwide has been the topic of 2 analyst reports since August 19, 2015 according to StockzIntelligence Inc.
According to Zacks Investment Research, “KRONOS WORLDWIDE, INC. is a global producer and marketer of value-added titanium dioxide pigments. The Company along with its distributors and agents, sells and provides technical services for its products to over 4,000 customers in approximately 100 countries with the majority of sales in Europe and North America.”
Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.28, from 1.36 in 2016Q1. The ratio dropped, as 11 funds sold all Kronos Worldwide, Inc. shares owned while 29 reduced positions. 12 funds bought stakes while 31 increased positions. They now own 14.28 million shares or 15.98% less from 17.00 million shares in 2016Q1.
Great West Life Assurance Can reported 1,866 shares or 0% of all its holdings. Wells Fargo & Com Mn accumulated 17,986 shares or 0% of the stock. Blackrock Institutional Company Na holds 493,748 shares or 0% of its portfolio. Blackrock holds 0% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO) for 7,844 shares. Tower Research Ltd Llc (Trc) owns 1,966 shares or 0% of their US portfolio. The New Jersey-based Fincl Architects Inc has invested 0% in Kronos Worldwide, Inc. (NYSE:KRO). New York State Common Retirement Fund holds 19,100 shares or 0% of its portfolio. Gsa Capital Prtn Llp accumulated 0.04% or 144,100 shares. The Connecticut-based Quantitative Systematic Strategies Lc has invested 0.05% in Kronos Worldwide, Inc. (NYSE:KRO). Deutsche Commercial Bank Ag accumulated 180,928 shares or 0% of the stock. California State Teachers Retirement Systems, a California-based fund reported 46,155 shares. Comerica Retail Bank has 218,815 shares for 0.01% of their US portfolio. Lsv Asset, a Illinois-based fund reported 30,737 shares. Ahl Prns Llp has 0% invested in the company for 12,303 shares. State Street holds 426,131 shares or 0% of its portfolio.
More news for Kronos Worldwide, Inc. (NYSE:KRO) were recently published by: Nasdaq.com, which released: “Kronos Worldwide Reports Third Quarter 2016 Results” on November 07, 2016. Nasdaq.com‘s article titled: “Kronos Worldwide Inc (KRO) Ex-Dividend Date Scheduled for June 02, 2016” and published on June 01, 2016 is yet another important article.
KRO Company Profile
Kronos Worldwide, Inc. (Kronos), incorporated on October 13, 1989, 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 in over 100 countries with sales in Europe and North America. The Firm offers its clients a portfolio of products that include over 40 different TiO2 pigment grades under the Kronos brand, which provides a range of performance properties. It offers its products to domestic and international paint, plastics, decorative laminate and paper manufacturers. It ships TiO2 to its clients in either a powder or slurry form through rail, truck or ocean carrier. It sells and provides technical services for its products in three end-use markets, which include coatings, plastics and paper. It produces TiO2 in over two crystalline forms, which include rutile and anatase. Rutile TiO2 is manufactured using both a chloride production process and a sulfate production process, whereas anatase TiO2 is only produced using a sulfate production process.
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