English Capital Management LLC Has $3.98 Million Stock Holdings in Titan Machinery Inc. (NASDAQ:TITN)

English Capital Management LLC lifted its position in shares of Titan Machinery Inc. (NASDAQ:TITN) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 281,853 shares of the company’s stock after purchasing an additional 3,000 shares during the period. Titan Machinery comprises 3.0% of English Capital Management LLC’s investment portfolio, making the stock its 16th largest holding. English Capital Management LLC’s holdings in Titan Machinery were worth $3,983,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. R Squared Ltd acquired a new position in Titan Machinery in the 4th quarter valued at approximately $26,000. Truvestments Capital LLC bought a new stake in shares of Titan Machinery in the third quarter worth $41,000. US Bancorp DE increased its holdings in Titan Machinery by 23.8% in the fourth quarter. US Bancorp DE now owns 3,861 shares of the company’s stock valued at $55,000 after purchasing an additional 741 shares during the period. FMR LLC raised its position in Titan Machinery by 142.5% during the 3rd quarter. FMR LLC now owns 5,262 shares of the company’s stock worth $73,000 after purchasing an additional 3,092 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Titan Machinery by 91.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,611 shares of the company’s stock valued at $122,000 after buying an additional 4,103 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on TITN shares. Baird R W upgraded Titan Machinery from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Robert W. Baird decreased their price objective on shares of Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $19.00.

Titan Machinery Stock Performance

Shares of TITN stock opened at $17.05 on Friday. The firm has a 50 day moving average of $16.70 and a 200-day moving average of $15.11. The company has a market cap of $394.30 million, a price-to-earnings ratio of 12.72 and a beta of 1.28. The company has a quick ratio of 0.15, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. Titan Machinery Inc. has a 52 week low of $12.30 and a 52 week high of $24.89.

Titan Machinery Profile

Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.