Universal Beteiligungs und Servicegesellschaft mbH Boosts Position in Trinity Industries, Inc. $TRN

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Trinity Industries, Inc. (NYSE:TRN) by 311.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 40,579 shares of the transportation company’s stock after acquiring an additional 30,717 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Trinity Industries were worth $1,096,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TRN. Strs Ohio purchased a new position in Trinity Industries during the first quarter worth about $25,000. Parkside Financial Bank & Trust grew its stake in shares of Trinity Industries by 129.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,058 shares of the transportation company’s stock valued at $29,000 after buying an additional 597 shares during the period. GAMMA Investing LLC grew its stake in shares of Trinity Industries by 75.4% in the 2nd quarter. GAMMA Investing LLC now owns 1,114 shares of the transportation company’s stock valued at $30,000 after buying an additional 479 shares during the period. Headlands Technologies LLC increased its holdings in shares of Trinity Industries by 3,418.2% during the 1st quarter. Headlands Technologies LLC now owns 1,548 shares of the transportation company’s stock worth $43,000 after buying an additional 1,504 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of Trinity Industries during the 2nd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on TRN shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Trinity Industries in a report on Wednesday, November 19th. Susquehanna restated a “neutral” rating and issued a $23.00 target price on shares of Trinity Industries in a research report on Friday, October 31st. Wall Street Zen raised Trinity Industries from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Finally, The Goldman Sachs Group set a $31.00 price objective on Trinity Industries and gave the stock a “neutral” rating in a research report on Friday, October 31st. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $27.00.

Trinity Industries Stock Up 0.6%

Shares of TRN opened at $26.53 on Thursday. The company’s 50-day simple moving average is $27.12 and its 200-day simple moving average is $27.06. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.01 and a current ratio of 1.96. Trinity Industries, Inc. has a 1 year low of $22.38 and a 1 year high of $39.83. The stock has a market capitalization of $2.13 billion, a PE ratio of 23.27 and a beta of 1.52.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.38 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $454.10 million during the quarter, compared to analysts’ expectations of $532.66 million. Trinity Industries had a net margin of 3.83% and a return on equity of 8.49%. The business’s quarterly revenue was down 43.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 earnings per share. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. Analysts forecast that Trinity Industries, Inc. will post 1.65 earnings per share for the current fiscal year.

Trinity Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Wednesday, October 15th. Trinity Industries’s dividend payout ratio (DPR) is presently 105.26%.

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.