Jones Financial Companies Lllp Has $105,000 Stock Position in Trinity Industries, Inc. (NYSE:TRN)

Jones Financial Companies Lllp raised its position in Trinity Industries, Inc. (NYSE:TRN) by 15.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,997 shares of the transportation company’s stock after acquiring an additional 398 shares during the period. Jones Financial Companies Lllp’s holdings in Trinity Industries were worth $105,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Smartleaf Asset Management LLC raised its holdings in shares of Trinity Industries by 87.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,532 shares of the transportation company’s stock worth $54,000 after buying an additional 713 shares in the last quarter. Y Intercept Hong Kong Ltd raised its holdings in shares of Trinity Industries by 45.0% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 16,635 shares of the transportation company’s stock worth $584,000 after buying an additional 5,166 shares in the last quarter. Ieq Capital LLC acquired a new position in shares of Trinity Industries in the 4th quarter worth approximately $215,000. New York State Common Retirement Fund raised its holdings in shares of Trinity Industries by 160.0% in the 4th quarter. New York State Common Retirement Fund now owns 65,735 shares of the transportation company’s stock worth $2,307,000 after buying an additional 40,450 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of Trinity Industries by 57.5% in the 4th quarter. Truist Financial Corp now owns 16,260 shares of the transportation company’s stock worth $571,000 after buying an additional 5,935 shares in the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Trinity Industries Stock Up 0.9 %

Shares of TRN opened at $29.16 on Friday. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 17.78 and a beta of 1.50. The company has a debt-to-equity ratio of 4.35, a quick ratio of 1.08 and a current ratio of 1.80. The business’s fifty day moving average price is $34.53 and its two-hundred day moving average price is $34.99. Trinity Industries, Inc. has a 52 week low of $25.65 and a 52 week high of $39.83.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings data on Thursday, February 20th. The transportation company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $629.40 million for the quarter, compared to analyst estimates of $589.30 million. Trinity Industries had a return on equity of 11.78% and a net margin of 4.49%. On average, analysts predict that Trinity Industries, Inc. will post 1.65 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. The Goldman Sachs Group assumed coverage on Trinity Industries in a research report on Monday, November 18th. They set a “neutral” rating and a $39.00 price target on the stock. Susquehanna increased their price target on Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd.

Insider Buying and Selling at Trinity Industries

In other news, EVP Gregory B. Mitchell sold 9,286 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $31.02, for a total value of $288,051.72. Following the transaction, the executive vice president now owns 111,879 shares of the company’s stock, valued at $3,470,486.58. This represents a 7.66 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

About Trinity Industries

Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.