Campbell & CO Investment Adviser LLC Increases Stake in Textainer Group Holdings Limited (NYSE:TGH)

Campbell & CO Investment Adviser LLC increased its stake in Textainer Group Holdings Limited (NYSE:TGHFree Report) by 109.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,047 shares of the transportation company’s stock after purchasing an additional 7,880 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Textainer Group were worth $561,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of TGH. Allspring Global Investments Holdings LLC purchased a new position in Textainer Group during the 3rd quarter worth approximately $33,000. NBC Securities Inc. purchased a new position in Textainer Group during the 3rd quarter worth approximately $42,000. Adirondack Trust Co. purchased a new position in Textainer Group during the 3rd quarter worth approximately $48,000. Point72 Hong Kong Ltd purchased a new position in Textainer Group during the 1st quarter worth approximately $53,000. Finally, Public Employees Retirement System of Ohio raised its position in Textainer Group by 115.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 3,028 shares of the transportation company’s stock worth $81,000 after buying an additional 1,622 shares during the last quarter. 44.28% of the stock is currently owned by institutional investors and hedge funds.

Textainer Group Price Performance

NYSE:TGH opened at $49.72 on Tuesday. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 10.21 and a beta of 1.00. The company has a 50 day moving average price of $49.42 and a 200-day moving average price of $44.85. Textainer Group Holdings Limited has a 1-year low of $30.22 and a 1-year high of $49.78.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TGH shares. StockNews.com started coverage on shares of Textainer Group in a research report on Tuesday. They set a “hold” rating for the company. B. Riley lowered shares of Textainer Group from a “buy” rating to a “neutral” rating and cut their target price for the company from $55.00 to $50.00 in a report on Monday, October 23rd.

Check Out Our Latest Stock Report on TGH

About Textainer Group

(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.

Further Reading

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

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