12,355 Shares in Trinity Industries, Inc. (NYSE:TRN) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new position in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,355 shares of the transportation company's stock, valued at approximately $434,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wealthfront Advisers LLC acquired a new stake in Trinity Industries in the fourth quarter worth approximately $104,136,000. American Century Companies Inc. raised its stake in shares of Trinity Industries by 25.6% in the 4th quarter. American Century Companies Inc. now owns 2,187,366 shares of the transportation company's stock worth $76,777,000 after buying an additional 446,142 shares in the last quarter. Granite Investment Partners LLC acquired a new stake in shares of Trinity Industries in the fourth quarter valued at $14,532,000. Raymond James Financial Inc. bought a new position in Trinity Industries during the fourth quarter valued at about $11,322,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Trinity Industries by 28.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 843,435 shares of the transportation company's stock worth $29,605,000 after acquiring an additional 184,603 shares in the last quarter. 86.57% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group lowered their price objective on shares of Trinity Industries from $36.00 to $31.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Susquehanna dropped their price target on Trinity Industries from $35.00 to $24.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd.

Insider Transactions at Trinity Industries

In related news, EVP Gregory B. Mitchell sold 9,286 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $31.02, for a total value of $288,051.72. Following the transaction, the executive vice president now directly owns 111,879 shares in the company, valued at approximately $3,470,486.58. This trade represents a 7.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.00% of the stock is currently owned by corporate insiders.

Trinity Industries Stock Down 0.3 %

Shares of Trinity Industries stock traded down $0.07 on Friday, hitting $24.91. 144,156 shares of the company traded hands, compared to its average volume of 567,141. Trinity Industries, Inc. has a 12-month low of $23.01 and a 12-month high of $39.83. The company has a quick ratio of 1.08, a current ratio of 1.80 and a debt-to-equity ratio of 4.35. The company has a market cap of $2.03 billion, a PE ratio of 15.19 and a beta of 1.47. The company has a 50-day moving average price of $26.92 and a 200 day moving average price of $32.94.

Trinity Industries (NYSE:TRN - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The transportation company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.04). Trinity Industries had a return on equity of 11.78% and a net margin of 4.49%. The firm had revenue of $585.40 million for the quarter, compared to analysts' expectations of $614.02 million. During the same period last year, the business earned $0.33 earnings per share. The firm's revenue for the quarter was down 27.7% on a year-over-year basis. Sell-side analysts predict that Trinity Industries, Inc. will post 1.65 earnings per share for the current year.

Trinity Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th were given a $0.30 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.82%. Trinity Industries's dividend payout ratio is currently 74.07%.

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.