Gotham Asset Management Has Boosted Bank Amer (BAC) Holding; Kronos International (KRO)’s Sentiment Is 1.64

November 14, 2017 - By Richard Conner

Kronos Worldwide, Inc. is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The company has market cap of $3.09 billion. The

Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe and North America. It has a 9.34 P/E ratio. It offers its clients a portfolio of products that include TiO2 pigment grades under the Kronos brand, which provides a range of performance properties.

Gotham Asset Management Llc increased Bank Amer Corp (BAC) stake by 126.82% reported in 2017Q2 SEC filing. Gotham Asset Management Llc acquired 57,960 shares as Bank Amer Corp (BAC)’s stock declined 6.00%. The Gotham Asset Management Llc holds 103,664 shares with $2.52 million value, up from 45,704 last quarter. Bank Amer Corp now has $273.18 billion valuation. The stock declined 0.80% or $0.21 reaching $26.19 on the news. About 37.63M shares traded. Bank of America Corp (NYSE:BAC) has risen 58.64% since November 14, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

Analysts await Kronos Worldwide, Inc. (NYSE:KRO) to report earnings on March, 9. They expect $0.42 earnings per share, up 162.50% or $0.26 from last year’s $0.16 per share. KRO’s profit will be $48.73M for 15.85 P/E if the $0.42 EPS becomes a reality. After $0.64 actual earnings per share reported by Kronos Worldwide, Inc. for the previous quarter, Wall Street now forecasts -34.38% negative EPS growth.

Lucus Advisors Llc holds 0.5% of its portfolio in Kronos Worldwide, Inc. for 20,271 shares. Advisors Asset Management Inc. owns 941,607 shares or 0.29% of their US portfolio. Moreover, Campbell & Co Investment Adviser Llc has 0.26% invested in the company for 15,173 shares. The California-based Menta Capital Llc has invested 0.25% in the stock. Bogle Investment Management L P De, a Massachusetts-based fund reported 176,585 shares.

About 339,886 shares traded. Kronos Worldwide, Inc. (KRO) has risen 245.94% since November 14, 2016 and is uptrending. It has outperformed by 229.24% the S&P500.

Investors sentiment decreased to 1.12 in Q2 2017. Its down 0.03, from 1.15 in 2017Q1. It turned negative, as 79 investors sold BAC shares while 543 reduced holdings. 120 funds opened positions while 577 raised stakes. 6.34 billion shares or 0.73% less from 6.39 billion shares in 2017Q1 were reported. Clark Capital Mgmt Grp has 0.03% invested in Bank of America Corp (NYSE:BAC) for 29,897 shares. Logan Capital Mngmt Inc invested in 17,338 shares or 0.03% of the stock. Picton Mahoney Asset Management accumulated 603,700 shares. Sumitomo Mitsui Tru Hldgs Inc reported 30.34 million shares. Seminole Mngmt holds 10.93% of its portfolio in Bank of America Corp (NYSE:BAC) for 1.84M shares. Manning And Napier Advsr Limited Liability accumulated 158,055 shares. Park West Asset Mngmt Ltd Llc reported 0.02% of its portfolio in Bank of America Corp (NYSE:BAC). Rafferty Asset Mngmt Ltd reported 1.07% in Bank of America Corp (NYSE:BAC). Columbia Partners L L C Invest Management accumulated 17,091 shares. Sequoia Finance Advisors Ltd Liability has invested 0.1% in Bank of America Corp (NYSE:BAC). Grp One Trading LP holds 93,984 shares. Eulav Asset Management stated it has 0.63% of its portfolio in Bank of America Corp (NYSE:BAC). San Francisco Sentry Invest Group Inc (Ca) invested in 74,960 shares. Lathrop Invest Mngmt accumulated 21,100 shares. Acadian Asset Management Limited Liability Company owns 113,483 shares for 0.01% of their portfolio.

Gotham Asset Management Llc decreased Cytokinetics Inc (NASDAQ:CYTK) stake by 33,047 shares to 16,860 valued at $204,000 in 2017Q2. It also reduced Big 5 Sporting Goods Corp (NASDAQ:BGFV) stake by 31,967 shares and now owns 21,970 shares. Philip Morris Intl Inc (NYSE:PM) was reduced too.


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