Trinity Industries, Inc. (NYSE:TRN) major shareholder Valueact Capital Master Fund, purchased 832,600 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was bought at an average cost of $31.68 per share, for a total transaction of $26,376,768.00. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Valueact Capital Master Fund, also recently made the following trade(s):

  • On Friday, September 8th, Valueact Capital Master Fund, purchased 54,055 shares of Trinity Industries stock. The stock was bought at an average cost of $28.46 per share, for a total transaction of $1,538,405.30.
  • On Thursday, August 31st, Valueact Capital Master Fund, purchased 248,941 shares of Trinity Industries stock. The stock was bought at an average cost of $28.65 per share, for a total transaction of $7,132,159.65.
  • On Wednesday, August 23rd, Valueact Capital Master Fund, purchased 5,100 shares of Trinity Industries stock. The stock was bought at an average cost of $28.41 per share, for a total transaction of $144,891.00.
  • On Tuesday, August 22nd, Valueact Capital Master Fund, purchased 375,000 shares of Trinity Industries stock. The stock was bought at an average cost of $28.15 per share, for a total transaction of $10,556,250.00.
  • On Thursday, August 17th, Valueact Capital Master Fund, purchased 403,000 shares of Trinity Industries stock. The stock was bought at an average cost of $28.48 per share, for a total transaction of $11,477,440.00.
  • On Friday, August 11th, Valueact Capital Master Fund, purchased 202,500 shares of Trinity Industries stock. The stock was bought at an average cost of $28.47 per share, for a total transaction of $5,765,175.00.
  • On Wednesday, August 9th, Valueact Capital Master Fund, purchased 60,819 shares of Trinity Industries stock. The stock was bought at an average cost of $28.39 per share, for a total transaction of $1,726,651.41.

Trinity Industries, Inc. (NYSE:TRN) traded down 1.22% on Monday, reaching $31.69. 2,162,494 shares of the company were exchanged. The firm has a market capitalization of $4.80 billion, a P/E ratio of 19.48 and a beta of 2.19. The firm has a 50-day moving average of $32.36 and a 200 day moving average of $28.64. Trinity Industries, Inc. has a 12-month low of $20.80 and a 12-month high of $35.97.

Trinity Industries (NYSE:TRN) last released its quarterly earnings results on Wednesday, October 25th. The transportation company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.11. Trinity Industries had a net margin of 5.97% and a return on equity of 5.32%. The business had revenue of $973.60 million for the quarter, compared to the consensus estimate of $951.60 million. During the same period last year, the firm earned $0.55 earnings per share. The company’s quarterly revenue was down 12.4% on a year-over-year basis. On average, equities analysts predict that Trinity Industries, Inc. will post $1.23 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, October 13th will be given a $0.13 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $0.52 annualized dividend and a yield of 1.64%. Trinity Industries’s payout ratio is presently 34.67%.

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TRN has been the topic of a number of research reports. ValuEngine cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Zacks Investment Research cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a report on Friday, September 29th. Cowen and Company reaffirmed a “buy” rating and issued a $31.00 price target on shares of Trinity Industries in a report on Sunday, October 1st. Stifel Nicolaus raised shares of Trinity Industries from a “hold” rating to a “buy” rating and lifted their price target for the stock from $29.00 to $31.00 in a report on Thursday, July 27th. They noted that the move was a valuation call. Finally, Citigroup Inc. raised shares of Trinity Industries from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $45.00 to $36.00 in a report on Friday, September 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. Trinity Industries presently has a consensus rating of “Buy” and a consensus target price of $34.13.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. CENTRAL TRUST Co raised its position in Trinity Industries by 1.3% in the second quarter. CENTRAL TRUST Co now owns 12,721 shares of the transportation company’s stock worth $357,000 after acquiring an additional 161 shares during the period. Stephens Inc. AR raised its position in shares of Trinity Industries by 3.0% during the 2nd quarter. Stephens Inc. AR now owns 9,683 shares of the transportation company’s stock valued at $271,000 after purchasing an additional 279 shares during the period. American Asset Management Inc. raised its position in shares of Trinity Industries by 3.4% during the 2nd quarter. American Asset Management Inc. now owns 9,397 shares of the transportation company’s stock valued at $263,000 after purchasing an additional 310 shares during the period. Alpha Windward LLC raised its position in shares of Trinity Industries by 2.2% during the 2nd quarter. Alpha Windward LLC now owns 16,980 shares of the transportation company’s stock valued at $476,000 after purchasing an additional 360 shares during the period. Finally, Utah Retirement Systems raised its position in shares of Trinity Industries by 1.5% during the 2nd quarter. Utah Retirement Systems now owns 27,528 shares of the transportation company’s stock valued at $771,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 80.53% of the company’s stock.

Trinity Industries Company Profile

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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