49,303 Shares in Trinity Industries, Inc. $TRN Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC bought a new stake in Trinity Industries, Inc. (NYSE:TRN) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 49,303 shares of the transportation company’s stock, valued at approximately $1,587,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Whittier Trust Co. raised its position in shares of Trinity Industries by 880.7% during the first quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock worth $28,000 after acquiring an additional 775 shares during the last quarter. Strs Ohio acquired a new stake in shares of Trinity Industries in the 1st quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Trinity Industries by 94.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock worth $27,000 after purchasing an additional 494 shares in the last quarter. Kelleher Financial Advisors bought a new position in shares of Trinity Industries during the third quarter worth $41,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Trinity Industries by 24.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock valued at $41,000 after buying an additional 298 shares during the period. Institutional investors and hedge funds own 86.57% of the company’s stock.

Analysts Set New Price Targets

TRN has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Weiss Ratings restated a “buy (b)” rating on shares of Trinity Industries in a report on Friday. Susquehanna cut their price target on shares of Trinity Industries from $35.00 to $34.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 price target on shares of Trinity Industries in a report on Thursday, April 30th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $35.00.

Trinity Industries Stock Up 2.0%

NYSE:TRN opened at $31.96 on Wednesday. The stock has a 50-day simple moving average of $34.66 and a 200 day simple moving average of $33.02. Trinity Industries, Inc. has a 52-week low of $24.50 and a 52-week high of $38.31. The company has a market cap of $2.55 billion, a PE ratio of 7.70 and a beta of 1.37. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.91 and a current ratio of 1.89.

Trinity Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, July 15th. Trinity Industries’s dividend payout ratio (DPR) is currently 29.88%.

Trinity Industries Profile

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.