Axa S.A. Has $4.43 Million Stock Position in Trinity Industries, Inc. (NYSE:TRN)

AXA S.A. increased its position in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) by 119.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,152 shares of the transportation company's stock after acquiring an additional 68,752 shares during the period. AXA S.A. owned about 0.15% of Trinity Industries worth $4,428,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC purchased a new stake in shares of Trinity Industries during the 4th quarter worth about $104,136,000. American Century Companies Inc. raised its position in Trinity Industries by 25.6% during the fourth quarter. American Century Companies Inc. now owns 2,187,366 shares of the transportation company's stock valued at $76,777,000 after acquiring an additional 446,142 shares in the last quarter. Granite Investment Partners LLC acquired a new stake in Trinity Industries in the fourth quarter valued at approximately $14,532,000. Raymond James Financial Inc. bought a new stake in Trinity Industries in the fourth quarter worth approximately $11,322,000. Finally, Northern Trust Corp increased its stake in shares of Trinity Industries by 33.6% during the 4th quarter. Northern Trust Corp now owns 1,172,036 shares of the transportation company's stock worth $41,138,000 after purchasing an additional 295,054 shares during the last quarter. Institutional investors and hedge funds own 86.57% of the company's stock.

Insider Activity at Trinity Industries

In other news, EVP Gregory B. Mitchell sold 9,286 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $31.02, for a total transaction of $288,051.72. Following the sale, the executive vice president now directly owns 111,879 shares of the company's stock, valued at $3,470,486.58. This represents a 7.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is currently owned by insiders.

Trinity Industries Price Performance

Shares of TRN remained flat at $24.98 on Friday. The stock had a trading volume of 452,016 shares, compared to its average volume of 569,047. The stock's 50 day moving average is $26.83 and its 200-day moving average is $32.87. 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 firm has a market cap of $2.04 billion, a price-to-earnings ratio of 15.23 and a beta of 1.47. Trinity Industries, Inc. has a 1-year low of $23.01 and a 1-year high of $39.83.

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 (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.04). The business had revenue of $585.40 million during the quarter, compared to analyst estimates of $614.02 million. Trinity Industries had a return on equity of 11.78% and a net margin of 4.49%. The business's revenue for the quarter was down 27.7% on a year-over-year basis. During the same period last year, the company earned $0.33 EPS. As a group, equities research analysts forecast that Trinity Industries, Inc. will post 1.65 earnings per share for the current fiscal year.

Trinity Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date was Tuesday, April 15th. Trinity Industries's dividend payout ratio (DPR) is currently 74.07%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TRN shares. Susquehanna reduced their price target on Trinity Industries from $35.00 to $24.00 and set a "neutral" rating for the company in a research report on Tuesday, April 22nd. The Goldman Sachs Group reduced their price objective on Trinity Industries from $36.00 to $31.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th.

Trinity Industries Profile

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.