Intrinsic Edge Capital Management LLC maintained its stake in shares of Kronos Worldwide Inc (NYSE:KRO) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,276 shares of the specialty chemicals company’s stock at the end of the 2nd quarter. Intrinsic Edge Capital Management LLC owned 0.09% of Kronos Worldwide worth $1,845,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of KRO. Nationwide Fund Advisors lifted its holdings in shares of 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 purchasing an additional 1,326 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Kronos Worldwide by 347.2% during the first quarter. Wells Fargo & Company MN now owns 143,076 shares of the specialty chemicals company’s stock worth $2,351,000 after purchasing an additional 111,079 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Kronos Worldwide by 2.9% during the first quarter. Bank of New York Mellon Corp now owns 1,141,042 shares of the specialty chemicals company’s stock worth $18,747,000 after purchasing an additional 31,669 shares during the period. Karp Capital Management Corp acquired a new stake in shares of Kronos Worldwide during the first quarter worth $517,000. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Kronos Worldwide by 9.3% during the first quarter. Parametric Portfolio Associates LLC now owns 119,679 shares of the specialty chemicals company’s stock worth $1,966,000 after purchasing an additional 10,148 shares during the period. 15.42% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently weighed in on KRO. BidaskClub raised Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 12th. Zacks Investment Research downgraded Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine raised Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, Barclays PLC increased their price target on Kronos Worldwide from $15.00 to $17.00 and gave the stock an “underweight” rating in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $20.50.

Shares of Kronos Worldwide Inc (NYSE:KRO) traded up 0.315% during midday trading on Friday, hitting $23.905. The company had a trading volume of 33,329 shares. Kronos Worldwide Inc has a 12 month low of $7.27 and a 12 month high of $24.37. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 9.940 and a beta of 2.17. The stock’s 50-day moving average price is $21.49 and its 200-day moving average price is $19.05.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Tuesday, September 5th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 2.52%. Kronos Worldwide’s dividend payout ratio (DPR) is presently 24.90%.

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About Kronos Worldwide

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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