Research Analysts' Weekly Ratings Changes for Trinity Industries (TRN)

Bruno Cirelli
Luglio 25, 2017

Bridges Investment Counsel Inc. acquired a new position in shares of Trinity Industries, Inc. (NYSE:TRN) by 67.0% during the first quarter, Holdings Channel reports.

Other hedge funds and other institutional investors have also modified their holdings of the company.

ILLEGAL ACTIVITY WARNING: "Trinity Industries, Inc". Invictus RG now owns 6,406 shares of the transportation company's stock worth $170,000 after buying an additional 5,275 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Trinity Industries by 5.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,934,005 shares of the transportation company's stock valued at $130,998,000 after buying an additional 24,412 shares during the period. Norges Bank purchased a new stake in shares of Trinity Industries during the fourth quarter valued at $33,224,000. State Street Corp raised its position in shares of Trinity Industries by 1.8% in the first quarter. Teacher Retirement System of Texas now owns 12,286 shares of the transportation company's stock worth $326,000 after buying an additional 436 shares during the period. AQR Capital Management LLC now owns 1,841,895 shares of the transportation company's stock worth $48,902,000 after buying an additional 42,800 shares in the last quarter. Institutional investors own 80.63% of the company's stock.

Trinity Industries, Inc. has a 12-month low of $20.62 and a 12-month high of $30.13. (NYSE TRN) traded down 0.28% during midday trading on Thursday, reaching $28.14. Menta Capital Ltd Company holds 0.09% or 39,977 shares. Trinity Industries, Inc. The firm's 50-day moving average is $27.07 and its 200 day moving average is $27.08. Trinity Industries, Inc. The firm has a market capitalization of $4.22 billion, a P/E ratio of 14.5492 and a beta of 2.19.

Trinity Industries (NYSE:TRN) last issued its earnings results on Tuesday, April 25th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.02.

09/30/2016 - CLSA began new coverage on Trinity Industries, Inc. giving the company a " rating. The firm had revenue of $877.30 million for the quarter, compared to the consensus estimate of $904.66 million. During the same quarter past year, the business earned $0.64 earnings per share. The business's quarterly revenue was down 26.1% on a year-over-year basis. It dived, as 41 investors sold Trinity Industries Inc shares while 126 reduced holdings.

The business also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Stockholders of record on Friday, July 14th will be issued a $0.13 dividend. Creative Planning boosted its stake in Trinity Industries by 4.0% in the first quarter. Trinity Industries's dividend payout ratio is now 27.23%. CENTRAL TRUST Co raised its position in Trinity Industries by 1.3% in the second quarter. "(TRN)" was originally published by BBNS and is owned by of BBNS. If you are accessing this story on another domain, it was stolen and republished in violation of United States & global copyright & trademark laws.

02/19/2016 - Trinity Industries, Inc. was downgraded to "underweight" by analysts at BB&T Capital Markets.

TRN has been the subject of several recent analyst reports. Buckingham Research began coverage on Trinity Industries in a research report on Wednesday, June 21st.

10/27/2014 - Trinity Industries, Inc. had its "strong buy" rating reiterated by analysts at S&P Capital IQ. BidaskClub lowered Trinity Industries from a "buy" rating to a "hold" rating in a report on Wednesday, July 12th. Axiom Securities reiterated a "sell" rating on shares of Trinity Industries in a research note on Thursday, July 13th. Zacks Investment Research raised Trinity Industries from a "sell" rating to a "hold" rating and set a $31.00 price objective on the stock in a research report on Wednesday, July 19th.

According to the the latest analyst ratings which have been released, 1 brokers have issued a rating of "buy", 2 brokers "outperform", 6 brokers "hold", 1 brokers "underperform" and 0 brokers "sell". The company has an average rating of "Hold" and an average target price of $25.40.

In other Trinity Industries news, insider D Stephen Menzies sold 27,742 shares of the company's stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $26.11, for a total value of $724,343.62. Following the completion of the transaction, the insider now owns 236,707 shares in the company, valued at approximately $6,180,419.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company's stock.

Trinity Industries, Inc.is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation and construction sectors. The Company's services and products include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products.

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