Tronox Ltd (NYSE:TROX) SVP Jeffrey N. Neuman purchased 4,000 shares of Tronox stock in a transaction dated Thursday, August 15th. The shares were bought at an average cost of $7.60 per share, for a total transaction of $30,400.00. Following the transaction, the senior vice president now directly owns 83,510 shares of the company’s stock, valued at approximately $634,676. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NYSE TROX traded up $0.11 during trading hours on Friday, reaching $7.59. The company’s stock had a trading volume of 2,068,500 shares, compared to its average volume of 1,335,248. The company has a current ratio of 3.15, a quick ratio of 4.72 and a debt-to-equity ratio of 3.44. The business has a 50-day simple moving average of $11.04 and a 200 day simple moving average of $11.68. Tronox Ltd has a 52 week low of $6.46 and a 52 week high of $16.75. The stock has a market cap of $1.15 billion, a PE ratio of 13.55 and a beta of 3.29.

Tronox (NYSE:TROX) last issued its earnings results on Tuesday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.17. Tronox had a negative net margin of 4.60% and a positive return on equity of 5.37%. The firm had revenue of $791.00 million for the quarter, compared to analysts’ expectations of $776.00 million. During the same quarter last year, the company posted $0.31 earnings per share. Tronox’s revenue was up 60.8% on a year-over-year basis. As a group, equities analysts predict that Tronox Ltd will post 0.45 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of TROX. Clearbridge Investments LLC increased its stake in shares of Tronox by 1.2% in the first quarter. Clearbridge Investments LLC now owns 126,935 shares of the company’s stock valued at $1,669,000 after purchasing an additional 1,525 shares during the period. Xact Kapitalforvaltning AB acquired a new stake in shares of Tronox in the first quarter valued at approximately $213,000. Norges Bank acquired a new stake in shares of Tronox in the fourth quarter valued at approximately $8,650,000. Deutsche Bank AG increased its stake in shares of Tronox by 231.7% in the fourth quarter. Deutsche Bank AG now owns 631,062 shares of the company’s stock valued at $4,908,000 after purchasing an additional 440,805 shares during the period. Finally, Daiwa Securities Group Inc. acquired a new stake in shares of Tronox in the first quarter valued at approximately $92,000. 56.67% of the stock is currently owned by hedge funds and other institutional investors.

TROX has been the topic of several research analyst reports. BMO Capital Markets set a $18.00 price target on shares of Tronox and gave the stock a “buy” rating in a research report on Monday, August 12th. Morgan Stanley set a $15.00 price target on shares of Tronox and gave the stock a “hold” rating in a research report on Wednesday, June 19th. Zacks Investment Research cut shares of Tronox from a “buy” rating to a “hold” rating in a research report on Tuesday. Alembic Global Advisors set a $19.00 price target on shares of Tronox and gave the stock a “buy” rating in a research report on Friday, May 10th. Finally, ValuEngine cut shares of Tronox from a “hold” rating to a “sell” rating in a research report on Thursday, August 8th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Tronox presently has an average rating of “Hold” and an average target price of $14.86.

Tronox Company Profile

Tronox Holdings plc engages in the mining, production, and marketing of inorganic minerals and chemicals in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It mines and processes titanium ore, zircon, and other minerals; and manufactures titanium dioxide pigments that add brightness and durability to paints, plastics, paper, and other everyday products.

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