Strs Ohio increased its position in shares of Triton International Limited (NASDAQ:TRTN) by 150.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,500 shares of the company’s stock after buying an additional 17,700 shares during the period. Strs Ohio’s holdings in Triton International Limited were worth $986,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Foresters Investment Management Company Inc. raised its stake in Triton International Limited by 11.4% in the first quarter. Foresters Investment Management Company Inc. now owns 1,290,800 shares of the company’s stock worth $33,290,000 after buying an additional 131,900 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in Triton International Limited during the first quarter worth about $16,504,000. Teachers Advisors LLC raised its stake in Triton International Limited by 391.6% in the first quarter. Teachers Advisors LLC now owns 478,942 shares of the company’s stock worth $12,352,000 after buying an additional 381,523 shares during the last quarter. Peregrine Capital Management LLC raised its stake in Triton International Limited by 2.0% in the second quarter. Peregrine Capital Management LLC now owns 317,896 shares of the company’s stock worth $10,630,000 after buying an additional 6,365 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Triton International Limited by 7.6% in the first quarter. Geode Capital Management LLC now owns 266,692 shares of the company’s stock worth $6,877,000 after buying an additional 18,778 shares during the last quarter.

Shares of Triton International Limited (NASDAQ TRTN) opened at 34.85 on Wednesday. Triton International Limited has a 1-year low of $11.50 and a 1-year high of $37.82. The company has a 50-day moving average price of $34.62 and a 200-day moving average price of $29.20.

Triton International Limited (NASDAQ:TRTN) last issued its earnings results on Tuesday, August 8th. The company reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.04. The business had revenue of $281.90 million for the quarter, compared to the consensus estimate of $281.09 million. The company’s quarterly revenue was up 78.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 earnings per share. On average, equities analysts predict that Triton International Limited will post $2.57 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 1st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Wednesday, August 30th.

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TRTN has been the topic of a number of recent research reports. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $40.00 target price (up previously from $35.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Cowen and Company reaffirmed a “buy” rating and issued a $44.00 target price (up previously from $40.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Zacks Investment Research lowered Triton International Limited from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 18th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $28.00 target price on shares of Triton International Limited in a research note on Friday, May 12th. Finally, Bank of America Corporation reaffirmed a “buy” rating and issued a $36.00 target price (up previously from $32.00) on shares of Triton International Limited in a research note on Monday, May 15th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $37.50.

In related news, insider Kevin Valentine sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $27.50, for a total value of $55,000.00. Following the completion of the transaction, the insider now owns 67,705 shares of the company’s stock, valued at approximately $1,861,887.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert W. Alspaugh sold 5,525 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $29.91, for a total transaction of $165,252.75. Following the completion of the transaction, the director now directly owns 28,487 shares of the company’s stock, valued at approximately $852,046.17. The disclosure for this sale can be found here. Insiders have sold 15,525 shares of company stock valued at $484,613 over the last 90 days.

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Institutional Ownership by Quarter for Triton International Limited (NASDAQ:TRTN)

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