Rhumbline Advisers lifted its position in Triton International Limited (NASDAQ:TRTN) by 11.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,835 shares of the company’s stock after purchasing an additional 5,212 shares during the quarter. Rhumbline Advisers’ holdings in Triton International Limited were worth $1,733,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Peregrine Capital Management LLC grew its holdings in shares of Triton International Limited by 2.0% in the second quarter. Peregrine Capital Management LLC now owns 317,896 shares of the company’s stock valued at $10,630,000 after purchasing an additional 6,365 shares during the period. Tudor Investment Corp ET AL purchased a new stake in shares of Triton International Limited in the first quarter valued at about $329,000. Teachers Advisors LLC grew its holdings in shares of Triton International Limited by 391.6% in the first quarter. Teachers Advisors LLC now owns 478,942 shares of the company’s stock valued at $12,352,000 after purchasing an additional 381,523 shares during the period. Strs Ohio grew its holdings in shares of Triton International Limited by 150.0% in the second quarter. Strs Ohio now owns 29,500 shares of the company’s stock valued at $986,000 after purchasing an additional 17,700 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Triton International Limited by 7.6% in the first quarter. Geode Capital Management LLC now owns 266,692 shares of the company’s stock valued at $6,877,000 after purchasing an additional 18,778 shares during the period.

In other news, insider Kevin Valentine sold 2,000 shares of the business’s stock in a transaction dated Thursday, July 20th. The stock was sold at an average price of $35.00, for a total transaction of $70,000.00. Following the completion of the sale, the insider now owns 61,705 shares in the company, valued at approximately $2,159,675. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Triton International Limited from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Thursday, July 27th. Cowen and Company reaffirmed a “buy” rating and set a $44.00 target price (up previously from $40.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $35.00 target price on shares of Triton International Limited in a research note on Thursday, August 10th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $40.00 target price (up previously from $35.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Finally, BidaskClub lowered shares of Triton International Limited from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Triton International Limited currently has a consensus rating of “Buy” and an average target price of $37.50.

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Shares of Triton International Limited (NASDAQ:TRTN) opened at 32.01 on Monday. The firm has a market cap of $2.39 billion and a PE ratio of 45.15. The stock’s 50 day moving average is $35.16 and its 200 day moving average is $30.62. Triton International Limited has a 12 month low of $11.50 and a 12 month high of $38.19.

Triton International Limited (NASDAQ:TRTN) last issued its earnings results on Tuesday, August 8th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.04. The firm had revenue of $281.90 million for the quarter, compared to analysts’ expectations of $281.09 million. During the same quarter in the previous year, the firm posted $0.88 EPS. The firm’s revenue for the quarter was up 78.1% compared to the same quarter last year. On average, analysts anticipate that Triton International Limited will post $2.57 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 1st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Wednesday, August 30th.

Institutional Ownership by Quarter for Triton International Limited (NASDAQ:TRTN)

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