Barclays PLC Purchases 27,660 Shares of Textainer Group Holdings Limited (NYSE:TGH)

Barclays PLC boosted its position in shares of Textainer Group Holdings Limited (NYSE:TGHFree Report) by 50.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 82,189 shares of the transportation company’s stock after purchasing an additional 27,660 shares during the period. Barclays PLC’s holdings in Textainer Group were worth $3,060,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its holdings in shares of Textainer Group by 0.5% during the 2nd quarter. Donald Smith & CO. Inc. now owns 2,842,478 shares of the transportation company’s stock valued at $111,937,000 after acquiring an additional 13,262 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Textainer Group by 0.5% during the 2nd quarter. BlackRock Inc. now owns 2,130,093 shares of the transportation company’s stock valued at $83,883,000 after acquiring an additional 9,772 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Textainer Group by 8.4% during the 1st quarter. Invesco Ltd. now owns 1,229,197 shares of the transportation company’s stock valued at $46,796,000 after acquiring an additional 95,635 shares during the last quarter. State Street Corp boosted its holdings in shares of Textainer Group by 1.0% during the 2nd quarter. State Street Corp now owns 704,296 shares of the transportation company’s stock valued at $19,305,000 after acquiring an additional 7,096 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Textainer Group by 22.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 486,304 shares of the transportation company’s stock valued at $15,080,000 after acquiring an additional 90,519 shares during the last quarter. 44.28% of the stock is owned by hedge funds and other institutional investors.

Textainer Group Stock Performance

TGH opened at $49.72 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.78. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 10.21 and a beta of 1.00. The company’s 50 day moving average is $49.42 and its 200 day moving average is $44.85. Textainer Group Holdings Limited has a 12-month low of $30.22 and a 12-month high of $49.78.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. B. Riley downgraded shares of Textainer Group from a “buy” rating to a “neutral” rating and dropped their price target for the company from $55.00 to $50.00 in a report on Monday, October 23rd. StockNews.com assumed coverage on shares of Textainer Group in a report on Tuesday. They issued a “hold” rating on the stock.

Check Out Our Latest Report on TGH

Textainer Group Profile

(Free Report)

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers.

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Institutional Ownership by Quarter for Textainer Group (NYSE:TGH)

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