Trinity Industries, Inc. (NYSE:TRN) major shareholder Valueact Capital Master Fund, acquired 5,100 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was bought at an average cost of $28.41 per share, with a total value of $144,891.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, August 22nd, Valueact Capital Master Fund, acquired 375,000 shares of Trinity Industries stock. The stock was bought at an average cost of $28.15 per share, with a total value of $10,556,250.00.
  • On Thursday, August 17th, Valueact Capital Master Fund, acquired 403,000 shares of Trinity Industries stock. The stock was bought at an average cost of $28.48 per share, with a total value of $11,477,440.00.
  • On Friday, August 11th, Valueact Capital Master Fund, acquired 202,500 shares of Trinity Industries stock. The stock was bought at an average cost of $28.47 per share, with a total value of $5,765,175.00.
  • On Wednesday, August 9th, Valueact Capital Master Fund, acquired 60,819 shares of Trinity Industries stock. The stock was bought at an average cost of $28.39 per share, with a total value of $1,726,651.41.

Trinity Industries, Inc. (NYSE TRN) opened at 29.02 on Monday. The firm has a market cap of $4.39 billion, a PE ratio of 17.84 and a beta of 2.18. Trinity Industries, Inc. has a 12-month low of $20.80 and a 12-month high of $30.13. The stock’s 50 day moving average price is $28.05 and its 200-day moving average price is $27.12.

Trinity Industries (NYSE:TRN) last issued its earnings results on Tuesday, July 25th. The transportation company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $905.50 million during the quarter, compared to the consensus estimate of $947.40 million. Trinity Industries had a net margin of 6.20% and a return on equity of 5.75%. Trinity Industries’s quarterly revenue was down 23.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 EPS. Equities research analysts anticipate that Trinity Industries, Inc. will post $1.25 earnings per share for the current fiscal year.

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Several equities analysts have weighed in on TRN shares. TheStreet raised Trinity Industries from a “c” rating to a “b-” rating in a report on Monday, August 14th. Stifel Nicolaus raised Trinity Industries from a “hold” rating to a “buy” rating and lifted their price objective for the company from $29.00 to $31.00 in a report on Thursday, July 27th. They noted that the move was a valuation call. Buckingham Research started coverage on Trinity Industries in a report on Wednesday, June 21st. They issued a “buy” rating and a $32.00 price objective for the company. BidaskClub raised Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Finally, ValuEngine raised Trinity Industries from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $26.89.

A number of hedge funds and other institutional investors have recently modified their holdings of TRN. BNP Paribas Arbitrage SA increased its position in shares of Trinity Industries by 7.6% in the first quarter. BNP Paribas Arbitrage SA now owns 218,627 shares of the transportation company’s stock valued at $5,805,000 after buying an additional 15,523 shares in the last quarter. Swiss National Bank increased its position in shares of Trinity Industries by 0.6% in the first quarter. Swiss National Bank now owns 251,900 shares of the transportation company’s stock valued at $6,688,000 after buying an additional 1,400 shares in the last quarter. TIAA CREF Investment Management LLC increased its position in shares of Trinity Industries by 0.8% in the first quarter. TIAA CREF Investment Management LLC now owns 270,616 shares of the transportation company’s stock valued at $7,185,000 after buying an additional 2,232 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Trinity Industries during the first quarter valued at $3,159,000. Finally, Creative Planning increased its position in shares of Trinity Industries by 17.0% in the second quarter. Creative Planning now owns 20,344 shares of the transportation company’s stock valued at $570,000 after buying an additional 2,949 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

About Trinity Industries

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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