Titan Machinery Inc. (TITN) Forms $21.00 Double Top; Nuveen Floating Rate Income Opportunity Fund (JRO) Sentiment Is 0.93

Titan Machinery Inc. (NASDAQ:TITN) Logo

Titan Machinery Inc. (TITN) formed double top with $22.47 target or 7.00% above today’s $21.00 share price. Titan Machinery Inc. (TITN) has $455.16 million valuation. The stock decreased 0.14% or $0.03 during the last trading session, reaching $21. About 193,183 shares traded. Titan Machinery Inc. (NASDAQ:TITN) has risen 42.88% since May 27, 2017 and is uptrending. It has outperformed by 31.33% the S&P500.

Nuveen Floating Rate Income Opportunity Fund (JRO) investors sentiment decreased to 0.93 in 2017 Q4. It’s down -0.33, from 1.26 in 2017Q3. The ratio turned negative, as 38 active investment managers opened new or increased holdings, while 41 sold and trimmed equity positions in Nuveen Floating Rate Income Opportunity Fund. The active investment managers in our database reported: 12.07 million shares, down from 13.55 million shares in 2017Q3. Also, the number of active investment managers holding Nuveen Floating Rate Income Opportunity Fund in top ten holdings was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 32 Increased: 21 New Position: 17.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $435,119 activity.

Restructuring Capital Associates Lp holds 6.35% of its portfolio in Nuveen Floating Rate Income Opportunity Fund for 901,199 shares. Founders Financial Securities Llc owns 194,103 shares or 0.74% of their US portfolio. Moreover, Livingston Group Asset Management Co (Operating As Southport Capital Management) has 0.58% invested in the company for 135,968 shares. The Minnesota-based Cahill Financial Advisors Inc has invested 0.31% in the stock. Tiemann Investment Advisors Llc, a California-based fund reported 34,117 shares.

The stock decreased 0.38% or $0.04 during the last trading session, reaching $10.53. About 144,158 shares traded or 0.78% up from the average. Nuveen Floating Rate Income Opportunity Fund (JRO) has declined 7.97% since May 27, 2017 and is downtrending. It has underperformed by 19.52% the S&P500.

Since January 3, 2018, it had 0 insider buys, and 2 insider sales for $1.41 million activity. Knutson Bryan J sold $56,763 worth of stock. 61,796 shares valued at $1.35M were sold by Meyer David Joseph on Wednesday, January 3.

Investors sentiment increased to 1.43 in 2017 Q4. Its up 0.08, from 1.35 in 2017Q3. It increased, as 12 investors sold Titan Machinery Inc. shares while 34 reduced holdings. 31 funds opened positions while 35 raised stakes. 16.91 million shares or 3.18% more from 16.39 million shares in 2017Q3 were reported. Granite Investment Prtnrs Ltd Limited Liability Company accumulated 0.16% or 119,754 shares. 77,219 were reported by Ny State Common Retirement Fund. Virtu Fin Limited Co invested 0.01% of its portfolio in Titan Machinery Inc. (NASDAQ:TITN). Blackrock owns 1.22 million shares for 0% of their portfolio. Invesco Ltd has 580,934 shares for 0% of their portfolio. Kennedy Incorporated invested 0.07% in Titan Machinery Inc. (NASDAQ:TITN). Us State Bank De invested in 1,711 shares or 0% of the stock. Moreover, Royal Bankshares Of Canada has 0% invested in Titan Machinery Inc. (NASDAQ:TITN). Prudential stated it has 17,844 shares or 0% of all its holdings. Massachusetts Fincl Services Ma owns 49,599 shares for 0% of their portfolio. Tower Research Cap Ltd Limited Liability Company (Trc) reported 0.01% in Titan Machinery Inc. (NASDAQ:TITN). 59,108 are owned by California Pub Employees Retirement Sys. Schroder Invest Gp invested 0% of its portfolio in Titan Machinery Inc. (NASDAQ:TITN). Los Angeles Capital And Equity Research has 22,971 shares for 0% of their portfolio. Metropolitan Life Ins Co Ny holds 6,453 shares or 0% of its portfolio.

Among 8 analysts covering Titan Machinery (NASDAQ:TITN), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Titan Machinery had 17 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by William Blair on Wednesday, April 4. The company was maintained on Tuesday, October 10 by Robert W. Baird. Piper Jaffray maintained Titan Machinery Inc. (NASDAQ:TITN) rating on Friday, October 27. Piper Jaffray has “Hold” rating and $15.0 target. The rating was upgraded by Sidoti to “Buy” on Tuesday, December 15. The firm has “Hold” rating by Stephens given on Thursday, March 29. The firm earned “Hold” rating on Thursday, November 30 by Piper Jaffray. Robert W. Baird maintained the stock with “Buy” rating in Friday, December 1 report. The firm has “Hold” rating given on Friday, December 2 by Standpoint Research. The stock of Titan Machinery Inc. (NASDAQ:TITN) earned “Hold” rating by Piper Jaffray on Thursday, September 7. The firm has “Hold” rating given on Friday, August 4 by Piper Jaffray.

Titan Machinery Inc. (NASDAQ:TITN) Institutional Positions Chart

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: