Fintel reports that Royce & Associates Lp has filed a 13G/A form with the SEC disclosing ownership of 0.57MM shares of TiGenix (TIG). This represents 1.11% of the company.

In their previous filing dated January 25, 2022 they reported 4.07MM shares and 7.94% of the company, a decrease in shares of 86.04% and a decrease in total ownership of 6.83% (calculated as current – previous percent ownership).

Analyst Price Forecast Suggests 19.28% Upside

As of January 27, 2023, the average one-year price target for TiGenix is $7.22. The forecasts range from a low of $6.21 to a high of $8.40. The average price target represents an increase of 19.28% from its latest reported closing price of $6.05.

The projected annual revenue for TiGenix is $285MM, an increase of 3.62%. The projected annual EPS is $0.55, an increase of 5.26%.

Fund Sentiment

There are 201 funds or institutions reporting positions in TiGenix. This is a decrease of 3 owner(s) or 1.47%.

Average portfolio weight of all funds dedicated to US:TIG is 0.0240%, a decrease of 32.8745%. Total shares owned by institutions decreased in the last three months by 5.52% to 19,943K shares.

What are large shareholders doing?

RYTRX – Royce Total Return Fund Investment Class holds 3,076,789 shares representing 6.01% ownership of the company. In it’s prior filing, the firm reported owning 2,783,989 shares, representing an increase of 9.52%. The firm decreased its portfolio allocation in TIG by 31.38% over the last quarter.

Vaughan Nelson Investment Management, L.p. holds 1,383,085 shares representing 2.70% ownership of the company. In it’s prior filing, the firm reported owning 1,384,490 shares, representing a decrease of 0.10%. The firm decreased its portfolio allocation in TIG by 85.87% over the last quarter.

Blair William & Co/il holds 607,506 shares representing 1.19% ownership of the company. In it’s prior filing, the firm reported owning 662,137 shares, representing a decrease of 8.99%. The firm decreased its portfolio allocation in TIG by 48.15% over the last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 530,381 shares representing 1.04% ownership of the company. No change in the last quarter.

Hotchkis & Wiley Capital Management Llc holds 508,940 shares representing 0.99% ownership of the company. In it’s prior filing, the firm reported owning 381,740 shares, representing an increase of 24.99%. The firm decreased its portfolio allocation in TIG by 21.44% over the last quarter.

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This article originally appeared on Fintel

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