Trinity Industries, Inc. (NYSE:TRN) Shares Sold by Bowling Portfolio Management LLC

Bowling Portfolio Management LLC trimmed its stake in shares of Trinity Industries, Inc. (NYSE:TRNGet Rating) by 4.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,780 shares of the transportation company’s stock after selling 526 shares during the quarter. Bowling Portfolio Management LLC’s holdings in Trinity Industries were worth $405,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. City State Bank acquired a new stake in Trinity Industries during the 4th quarter worth approximately $26,000. Rocky Mountain Advisers LLC lifted its holdings in shares of Trinity Industries by 150.0% in the 4th quarter. Rocky Mountain Advisers LLC now owns 1,250 shares of the transportation company’s stock valued at $38,000 after buying an additional 750 shares during the period. CENTRAL TRUST Co lifted its holdings in shares of Trinity Industries by 402.1% in the 4th quarter. CENTRAL TRUST Co now owns 2,159 shares of the transportation company’s stock valued at $65,000 after buying an additional 1,729 shares during the period. CWM LLC acquired a new stake in shares of Trinity Industries in the 4th quarter valued at approximately $174,000. Finally, AHL Investment Management Inc. acquired a new stake in shares of Trinity Industries in the 4th quarter valued at approximately $195,000. 97.25% of the stock is owned by institutional investors.

Several research firms have recently commented on TRN. StockNews.com began coverage on Trinity Industries in a report on Thursday, March 31st. They issued a “hold” rating for the company. TheStreet cut Trinity Industries from a “b-” rating to a “c” rating in a report on Wednesday, April 27th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $32.76.

NYSE TRN opened at $23.87 on Thursday. Trinity Industries, Inc. has a 1-year low of $22.21 and a 1-year high of $35.35. The company has a market capitalization of $1.99 billion, a P/E ratio of 13.19 and a beta of 1.39. The business has a 50 day moving average price of $26.52 and a 200 day moving average price of $29.13. The company has a debt-to-equity ratio of 4.03, a current ratio of 1.66 and a quick ratio of 0.78.

Trinity Industries (NYSE:TRNGet Rating) last released its quarterly earnings data on Wednesday, April 27th. The transportation company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.13). Trinity Industries had a net margin of 9.78% and a return on equity of 3.77%. The firm had revenue of $472.70 million during the quarter, compared to analysts’ expectations of $491.00 million. During the same period in the previous year, the business earned $0.07 earnings per share. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. On average, research analysts expect that Trinity Industries, Inc. will post 1.02 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Investors of record on Friday, July 15th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, July 14th. Trinity Industries’s payout ratio is currently 50.83%.

Trinity Industries Profile (Get Rating)

Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.

See Also

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

Want More Great Investing Ideas?

Receive News & Ratings for Trinity Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Industries and related companies with MarketBeat.com's FREE daily email newsletter.