Chicago Equity Partners LLC boosted its position in shares of Kronos Worldwide Inc (NYSE:KRO) by 12.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,885 shares of the specialty chemicals company’s stock after buying an additional 9,935 shares during the period. Chicago Equity Partners LLC owned approximately 0.08% of Kronos Worldwide worth $1,692,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Laurion Capital Management LP acquired a new stake in Kronos Worldwide during the first quarter worth about $166,000. Strs Ohio acquired a new stake in Kronos Worldwide during the second quarter worth about $198,000. American International Group Inc. grew its stake in Kronos Worldwide by 7.1% during the first quarter. American International Group Inc. now owns 13,550 shares of the specialty chemicals company’s stock worth $223,000 after buying an additional 894 shares in the last quarter. Nationwide Fund Advisors grew its stake in Kronos Worldwide by 10.0% during the first quarter. Nationwide Fund Advisors now owns 14,573 shares of the specialty chemicals company’s stock worth $239,000 after buying an additional 1,326 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Kronos Worldwide during the first quarter worth about $240,000. Hedge funds and other institutional investors own 15.42% of the company’s stock.

A number of equities research analysts have issued reports on KRO shares. ValuEngine upgraded shares of Kronos Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub downgraded shares of Kronos Worldwide from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research downgraded shares of Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Barclays PLC increased their price objective on shares of Kronos Worldwide from $15.00 to $17.00 and gave the stock an “underweight” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $20.50.

In other news, insider Benjiman R. Corona sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $18.35, for a total transaction of $36,700.00. Following the completion of the transaction, the insider now owns 500 shares of the company’s stock, valued at $9,175. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is currently owned by insiders.

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Shares of Kronos Worldwide Inc (KRO) opened at 20.97 on Thursday. The firm’s 50-day moving average is $20.06 and its 200-day moving average is $17.89. Kronos Worldwide Inc has a 52 week low of $7.27 and a 52 week high of $21.89. The firm has a market capitalization of $2.43 billion, a P/E ratio of 8.72 and a beta of 2.11.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Tuesday, September 5th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, August 31st. Kronos Worldwide’s payout ratio is 24.90%.

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.

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

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