The disclosure for this purchase can be found here. Insiders own 2.00% of the company's stock. Finemark Comml Bank & Tru owns 0% invested in Trinity Industries Inc (NYSE:TRN) for 91 shares.
On Wednesday, August 23rd, Valueact Capital Master Fund, bought 5,100 shares of Trinity Industries stock. The shares were acquired at an average price of $28.41 per share, with a total value of $144,891.00.
On Thursday, August 17th, Valueact Capital Master Fund, bought 403,000 shares of Trinity Industries stock.
In related news, major shareholder Valueact Capital Master Fund, purchased 461,605 shares of the firm's stock in a transaction that occurred on Friday, November 4th. The shares were acquired at an average price of $28.47 per share, with a total value of $5,765,175.00. Trinity Industries had 22 analyst reports since September 4, 2015 according to SRatingsIntel.
In associated news, large stockholder Holdings Valueact bought 100,000 stocks of Trinity Industries shares in a trade that took place on Wed, Aug 2nd. Finally, Zacks Investment Research downgraded shares of Trinity Industries from a hold rating to a sell rating in a report on Wednesday, June 28th. (TRN) traded up 1.77% during trading on Monday, hitting $29.25. Swiss Commercial Bank invested in 250,500 shares or 0.01% of the stock. Trinity Industries, Inc. has a 12-month low of $20.80 and a 12-month high of $30.13. The firm has a market capitalization of $879.37 million, a price-to-earnings ratio of 14.94 and a beta of 2.38.
Trinity Industries (NYSE:TRN) opened at 28.74 on Friday. Wells Fargo & Company reissued a "hold" rating and set a $22.00 target price on shares of Trinity Industries in a research report on Monday, September 19th. The company had revenue of $1.11 billion for the quarter. Vanguard Group boosted its position in Trinity Industries by 5.3% during the Q1. The firm had revenue of $905.50 million for the quarter, compared to analyst estimates of $947.40 million.
Trinity Industries (NYSE:TRN) last issued its earnings results on Tuesday, July 25th.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 31st. Investors of record on Friday, October 13th will be paid a $0.13 dividend. Financial experts predict that Trinity Industries, to post $1.25 EPS for the present financial year. The ex-dividend date of this dividend is Wednesday, January 11th. Prudential Financial Inc. owned about 0.95% of TrueBlue worth $10,426,000 at the end of the most recent quarter.
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Several other analysts also recently weighed in on TRN. TheStreet upgraded Trinity Industries from a "c" rating to a "b-" rating in a research note on Monday, August 14th. Axiom Securities reaffirmed a sell rating on shares of Trinity Industries in a report on Friday, June 16th. The analyst recommendations from a month ago are 0 Buy, 4 Strong Buy, 0 Sell, 0 Hold and 4. The stock now has a consensus rating of "Hold" and a consensus price target of $26.89. Strs Ohio increased its stake in Trinity Industries by 50.0% in the third quarter. Finally, Monarch Partners Asset Management LLC increased its stake in Trinity Industries by 179.5% in the third quarter. Swiss National Bank now owns 251,900 shares of the transportation company's stock valued at $6,688,000 after buying an additional 1,400 shares during the period. TIAA CREF Investment Management LLC boosted its stake in shares of Trinity Industries by 0.8% in the first quarter. TIAA CREF Investment Management LLC now owns 270,616 shares of the transportation company's stock valued at $7,185,000 after buying an additional 2,232 shares during the period. First Mercantile Trust Co. purchased a new position in shares of Trinity Industries in the first quarter valued at approximately $139,000. Creative Planning now owns 20,344 shares of the transportation company's stock valued at $570,000 after buying an additional 2,949 shares during the period. State Board of Administration of Florida Retirement System now owns 43,510 shares of the business services provider's stock valued at $1,153,000 after acquiring an additional 165 shares in the last quarter.
Hedge funds and other institutional investors have recently bought and sold shares of the company.
Trinity Industries, Inc is a diversified industrial company that owns a range of businesses providing products and services to the energy, transportation, chemical and construction sectors. The Company's products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products.