Tronox Holdings PLC $TROX Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its position in Tronox Holdings PLC (NYSE:TROX) by 71.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,973 shares of the company’s stock after selling 68,735 shares during the period. GSA Capital Partners LLP’s holdings in Tronox were worth $108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Primecap Management Co. CA increased its holdings in shares of Tronox by 192.2% in the second quarter. Primecap Management Co. CA now owns 4,252,502 shares of the company’s stock valued at $21,560,000 after purchasing an additional 2,797,002 shares during the period. Qube Research & Technologies Ltd boosted its position 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 buying an additional 1,287,755 shares during the last quarter. Marshall Wace LLP raised its position in Tronox by 97.4% during the 2nd quarter. Marshall Wace LLP now owns 2,587,831 shares of the company’s stock worth $13,120,000 after buying an additional 1,277,175 shares during the last quarter. Jump Financial LLC lifted its stake in Tronox by 682.6% during the 2nd quarter. Jump Financial LLC now owns 1,043,829 shares of the company’s stock valued at $5,292,000 after acquiring an additional 910,442 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of Tronox by 489.2% in the 2nd quarter. AQR Capital Management LLC now owns 994,557 shares of the company’s stock valued at $5,042,000 after acquiring an additional 825,746 shares during the last quarter. Institutional investors and hedge funds own 73.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TROX shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $8.00 price objective on shares of Tronox in a research note on Tuesday, January 27th. Truist Financial upped their target price on Tronox from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Tronox in a research note on Wednesday, January 21st. The Goldman Sachs Group boosted their price target on shares of Tronox from $5.50 to $7.50 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Tronox in a research report on Friday, February 20th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.30.

Tronox Trading Down 1.2%

Shares of TROX stock opened at $7.39 on Tuesday. Tronox Holdings PLC has a fifty-two week low of $2.86 and a fifty-two week high of $8.80. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.67 and a current ratio of 2.46. The stock’s fifty day moving average is $6.19 and its two-hundred day moving average is $4.76. The firm has a market capitalization of $1.17 billion, a P/E ratio of -2.49 and a beta of 1.11.

Tronox (NYSE:TROX) last issued its earnings results on Wednesday, February 18th. The company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.17). The business had revenue of $730.00 million during the quarter, compared to analyst estimates of $730.22 million. Tronox had a negative net margin of 16.22% and a negative return on equity of 14.75%. Tronox’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company earned $0.03 earnings per share. Research analysts expect that Tronox Holdings PLC will post 0.49 earnings per share for the current fiscal year.

Tronox Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Monday, February 23rd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, February 23rd. Tronox’s dividend payout ratio (DPR) is -6.73%.

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.