Van Lanschot Kempen Investment Management N.V. raised its position in Tronox Holdings PLC (NYSE:TROX – Free Report) by 123.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 4,347,134 shares of the company’s stock after acquiring an additional 2,398,038 shares during the period. Van Lanschot Kempen Investment Management N.V. owned approximately 2.74% of Tronox worth $18,128,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in TROX. Van ECK Associates Corp grew its stake in Tronox by 203.0% in the third quarter. Van ECK Associates Corp now owns 6,534,894 shares of the company’s stock valued at $26,270,000 after acquiring an additional 4,378,023 shares during the period. Shah Capital Management grew its stake in Tronox by 650.0% in the fourth quarter. Shah Capital Management now owns 3,000,000 shares of the company’s stock valued at $12,510,000 after acquiring an additional 2,600,000 shares during the period. CenterBook Partners LP acquired a new stake in Tronox in the third quarter valued at approximately $6,552,000. Bank of America Corp DE grew its stake in Tronox by 199.3% in the third quarter. Bank of America Corp DE now owns 2,059,052 shares of the company’s stock valued at $8,277,000 after acquiring an additional 1,371,158 shares during the period. Finally, Qube Research & Technologies Ltd grew its stake in Tronox by 355.4% in the second quarter. Qube Research & Technologies Ltd now owns 1,650,069 shares of the company’s stock valued at $8,366,000 after acquiring an additional 1,287,755 shares during the period. Institutional investors and hedge funds own 73.36% of the company’s stock.
Tronox Stock Performance
Shares of Tronox stock opened at $8.04 on Friday. The business’s fifty day simple moving average is $8.70 and its 200 day simple moving average is $7.01. The firm has a market capitalization of $1.28 billion, a P/E ratio of -2.75 and a beta of 0.76. Tronox Holdings PLC has a 12 month low of $2.86 and a 12 month high of $10.59. The company has a current ratio of 2.42, a quick ratio of 0.66 and a debt-to-equity ratio of 2.36.
Tronox Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, May 11th. This represents a $0.20 annualized dividend and a dividend yield of 2.5%. Tronox’s dividend payout ratio (DPR) is presently -6.85%.
Analyst Ratings Changes
A number of equities research analysts have commented on the company. Zacks Research raised Tronox from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Wall Street Zen cut Tronox from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Mizuho raised their price objective on Tronox from $4.50 to $5.00 and gave the company an “underperform” rating in a research note on Monday, March 23rd. Deutsche Bank Aktiengesellschaft set a $10.00 target price on Tronox in a research report on Wednesday, May 20th. Finally, Weiss Ratings cut Tronox from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $6.63.
Read Our Latest Stock Analysis on Tronox
Tronox Profile
Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.
Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.
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