Trinity Industries, Inc. (NYSE:TRN) major shareholder Holdings L.P. Valueact acquired 30,000 shares of Trinity Industries stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average cost of $28.30 per share, for a total transaction of $849,000.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Holdings L.P. Valueact also recently made the following trade(s):

  • On Tuesday, August 8th, Holdings L.P. Valueact acquired 7,114 shares of Trinity Industries stock. The shares were purchased at an average cost of $28.50 per share, for a total transaction of $202,749.00.
  • On Friday, August 4th, Holdings L.P. Valueact acquired 55,700 shares of Trinity Industries stock. The shares were purchased at an average cost of $28.05 per share, for a total transaction of $1,562,385.00.
  • On Thursday, August 3rd, Holdings L.P. Valueact acquired 167,395 shares of Trinity Industries stock. The shares were purchased at an average cost of $27.51 per share, for a total transaction of $4,605,036.45.
  • On Wednesday, August 2nd, Holdings L.P. Valueact acquired 100,000 shares of Trinity Industries stock. The shares were purchased at an average cost of $27.38 per share, for a total transaction of $2,738,000.00.

Shares of Trinity Industries, Inc. (NYSE TRN) traded up 0.52% on Wednesday, reaching $28.82. 1,101,494 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $27.55 and its 200-day moving average price is $27.06. Trinity Industries, Inc. has a 52-week low of $20.80 and a 52-week high of $30.13. The stock has a market cap of $4.36 billion, a P/E ratio of 17.71 and a beta of 2.18.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. Trinity Industries had a return on equity of 5.75% and a net margin of 6.20%. The company had revenue of $905.50 million during the quarter, compared to analyst estimates of $947.40 million. During the same quarter last year, the firm posted $0.62 EPS. The firm’s revenue for the quarter was down 23.6% on a year-over-year basis. Equities analysts forecast that Trinity Industries, Inc. will post $1.25 EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in the company. First Mercantile Trust Co. purchased a new stake in shares of Trinity Industries during the first quarter valued at $139,000. Invictus RG raised its stake in shares of Trinity Industries by 466.4% in the first quarter. Invictus RG now owns 6,406 shares of the transportation company’s stock valued at $170,000 after buying an additional 5,275 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Trinity Industries during the first quarter valued at $195,000. Pacad Investment Ltd. raised its stake in shares of Trinity Industries by 36.5% in the second quarter. Pacad Investment Ltd. now owns 7,100 shares of the transportation company’s stock valued at $199,000 after buying an additional 1,900 shares during the period. Finally, Fisher Asset Management LLC purchased a new stake in shares of Trinity Industries during the second quarter valued at $205,000. 80.77% of the stock is owned by institutional investors.

Several research analysts recently weighed in on the stock. ValuEngine lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Cowen and Company lifted their price target on shares of Trinity Industries from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. Stifel Nicolaus raised shares of Trinity Industries from a “hold” rating to a “buy” rating and lifted their price target for the company from $29.00 to $31.00 in a research note on Thursday, July 27th. They noted that the move was a valuation call. Axiom Securities reaffirmed a “sell” rating on shares of Trinity Industries in a research note on Wednesday, July 26th. Finally, Zacks Investment Research raised shares of Trinity Industries from a “sell” rating to a “hold” rating and set a $31.00 price target on the stock in a research note on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $26.78.

About Trinity Industries

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 products and services 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.

Insider Buying and Selling by Quarter for Trinity Industries (NYSE:TRN)

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