Trinity Industries Inc (TRN) Position Boosted by Flinton Capital Management LLC

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Flinton Capital Management LLC boosted its stake in Trinity Industries Inc (NYSE:TRN) by 59.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,112 shares of the transportation company’s stock after buying an additional 7,536 shares during the period. Flinton Capital Management LLC’s holdings in Trinity Industries were worth $414,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its holdings in Trinity Industries by 3.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 12,744 shares of the transportation company’s stock valued at $262,000 after acquiring an additional 427 shares during the last quarter. Ffcm LLC lifted its holdings in Trinity Industries by 0.8% in the 4th quarter. Ffcm LLC now owns 53,058 shares of the transportation company’s stock valued at $1,092,000 after acquiring an additional 443 shares during the last quarter. OLD National Bancorp IN lifted its holdings in Trinity Industries by 4.4% in the 4th quarter. OLD National Bancorp IN now owns 11,299 shares of the transportation company’s stock valued at $233,000 after acquiring an additional 474 shares during the last quarter. Ramsey Quantitative Systems lifted its holdings in Trinity Industries by 6.7% in the 4th quarter. Ramsey Quantitative Systems now owns 10,214 shares of the transportation company’s stock valued at $210,000 after acquiring an additional 645 shares during the last quarter. Finally, Strs Ohio lifted its holdings in Trinity Industries by 5.1% in the 4th quarter. Strs Ohio now owns 13,400 shares of the transportation company’s stock valued at $275,000 after acquiring an additional 648 shares during the last quarter. Hedge funds and other institutional investors own 81.37% of the company’s stock.

TRN stock opened at $22.69 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.76 and a debt-to-equity ratio of 1.57. Trinity Industries Inc has a one year low of $18.99 and a one year high of $39.35. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 28.36, a PEG ratio of 1.73 and a beta of 2.13.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings data on Wednesday, February 20th. The transportation company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. Trinity Industries had a net margin of 4.63% and a return on equity of 5.26%. The company had revenue of $735.00 million during the quarter, compared to analyst estimates of $670.90 million. During the same period in the prior year, the firm earned $0.43 earnings per share. The business’s quarterly revenue was up 19.4% on a year-over-year basis. Sell-side analysts predict that Trinity Industries Inc will post 1.31 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.00%. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, April 12th. Trinity Industries’s dividend payout ratio is 65.00%.

TRN has been the subject of a number of research analyst reports. Vertical Group downgraded shares of Trinity Industries from a “hold” rating to a “sell” rating and set a $12.00 price target for the company. in a report on Tuesday, December 4th. Seaport Global Securities raised shares of Trinity Industries from a “neutral” rating to a “buy” rating and set a $29.00 price target for the company in a report on Monday, November 26th. Zacks Investment Research raised shares of Trinity Industries from a “hold” rating to a “strong-buy” rating and set a $28.00 price target for the company in a report on Tuesday, February 26th. ValuEngine downgraded shares of Trinity Industries from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, Cowen reaffirmed a “buy” rating and set a $30.00 price objective on shares of Trinity Industries in a research note on Monday, December 10th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. Trinity Industries has a consensus rating of “Buy” and an average target price of $30.88.

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About Trinity Industries

Trinity Industries, Inc provides various products and services to the energy, chemical, agriculture, transportation, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, including autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and railcar maintenance services.

Further Reading: Capital Gains

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Institutional Ownership by Quarter for Trinity Industries (NYSE:TRN)

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