Trinity Industries Inc (NYSE:TRN) insider Brandon B. Boze bought 122,500 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was purchased at an average price of $20.70 per share, with a total value of $2,535,750.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

NYSE TRN opened at $20.70 on Thursday. The stock has a market capitalization of $2.58 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.83 and a beta of 2.07. Trinity Industries Inc has a 1 year low of $16.03 and a 1 year high of $26.63. The business’s fifty day moving average is $21.88 and its two-hundred day moving average is $19.81. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.68 and a current ratio of 1.70.

Trinity Industries (NYSE:TRN) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Trinity Industries had a net margin of 4.96% and a return on equity of 6.27%. The company had revenue of $813.60 million for the quarter, compared to the consensus estimate of $809.80 million. During the same period in the previous year, the business earned $0.39 EPS. The company’s revenue was up 34.1% on a year-over-year basis. On average, research analysts forecast that Trinity Industries Inc will post 1.24 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.19 per share. This is an increase from Trinity Industries’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 3.67%. The ex-dividend date is Tuesday, January 14th. Trinity Industries’s payout ratio is 95.00%.

A number of large investors have recently made changes to their positions in TRN. Charles Schwab Investment Management Inc. raised its stake in Trinity Industries by 2.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 674,747 shares of the transportation company’s stock valued at $14,001,000 after purchasing an additional 17,245 shares during the period. LPL Financial LLC raised its stake in Trinity Industries by 4.0% during the 2nd quarter. LPL Financial LLC now owns 34,572 shares of the transportation company’s stock valued at $717,000 after purchasing an additional 1,340 shares during the period. Holocene Advisors LP acquired a new stake in Trinity Industries during the 2nd quarter valued at $204,000. Sterling Capital Management LLC raised its stake in Trinity Industries by 35.4% during the 2nd quarter. Sterling Capital Management LLC now owns 2,035,407 shares of the transportation company’s stock valued at $42,235,000 after purchasing an additional 532,314 shares during the period. Finally, Zuckerman Investment Group LLC raised its stake in Trinity Industries by 13.6% during the 2nd quarter. Zuckerman Investment Group LLC now owns 732,361 shares of the transportation company’s stock valued at $15,196,000 after purchasing an additional 87,616 shares during the period. 91.27% of the stock is currently owned by institutional investors.

A number of equities research analysts have weighed in on the company. Buckingham Research set a $18.00 target price on Trinity Industries and gave the stock a “hold” rating in a research report on Friday, October 25th. TheStreet raised Trinity Industries from a “c” rating to a “b-” rating in a report on Monday, November 18th. ValuEngine raised Trinity Industries from a “sell” rating to a “hold” rating in a report on Monday, November 25th. Stephens set a $20.00 price target on Trinity Industries and gave the company a “hold” rating in a report on Friday, October 25th. Finally, Cowen reaffirmed a “buy” rating and issued a $26.00 price target on shares of Trinity Industries in a report on Wednesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $23.75.

About Trinity Industries

Trinity Industries, Inc provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investor-owned fund; and provides fleet maintenance and management services to industrial shippers.

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