Frontier Capital Management Co. LLC lowered its position in Tronox Limited (NYSE:TROX) by 1.0% during the fourth quarter, Holdings Channel reports. The firm owned 1,576,721 shares of the company’s stock after selling 15,309 shares during the period. Frontier Capital Management Co. LLC owned approximately 1.36% of Tronox Limited worth $16,256,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of TROX. Russell Investments Group Ltd. purchased a new position in Tronox Limited during the fourth quarter valued at approximately $5,327,000. Private Capital Management LLC raised its position in Tronox Limited by 1.4% in the third quarter. Private Capital Management LLC now owns 2,461,444 shares of the company’s stock valued at $23,064,000 after buying an additional 34,055 shares in the last quarter. Scopus Asset Management L.P. purchased a new position in Tronox Limited during the third quarter valued at approximately $4,732,000. HBK Investments L P purchased a new position in Tronox Limited during the third quarter valued at approximately $728,000. Finally, Weiss Asset Management LP purchased a new position in Tronox Limited during the third quarter valued at approximately $197,000. 86.25% of the stock is currently owned by institutional investors.
Tronox Limited (NYSE:TROX) traded up 2.86% during trading on Monday, hitting $14.39. 655,400 shares of the stock traded hands. The company has a 50-day moving average price of $12.13 and a 200 day moving average price of $9.88. Tronox Limited has a one year low of $2.99 and a one year high of $14.40. The stock’s market cap is $1.67 billion.
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