Campbell & CO Investment Adviser LLC Takes $2.09 Million Position in Trinity Industries, Inc. $TRN

Key Points

• Campbell & CO Investment Adviser LLC has acquired a new stake in Trinity Industries, Inc., purchasing 74,428 shares valued at approximately $2.1 million, which represents about 0.09% ownership of the company.
• Trinity Industries recently reported quarterly earnings of $0.19 per share, falling short of analysts' expectations of $0.31, alongside a revenue decline of 39.8% compared to the same quarter last year.
• Wall Street analysts generally hold a "Hold" rating on Trinity Industries, with a consensus target price of $27.50, while some have downgraded their ratings amidst recent performance concerns.

Campbell & CO Investment Adviser LLC purchased a new stake in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 74,428 shares of the transportation company's stock, valued at approximately $2,088,000. Campbell & CO Investment Adviser LLC owned approximately 0.09% of Trinity Industries as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC grew 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 valued at $43,000 after acquiring an additional 1,504 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Trinity Industries by 97.4% during the 1st quarter. Russell Investments Group Ltd. now owns 3,604 shares of the transportation company's stock valued at $101,000 after acquiring an additional 1,778 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Trinity Industries during the 4th quarter valued at $225,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Trinity Industries in the 4th quarter valued at $241,000. Finally, Stephens Inc. AR lifted its stake in shares of Trinity Industries by 6.5% in the 1st quarter. Stephens Inc. AR now owns 7,317 shares of the transportation company's stock valued at $205,000 after purchasing an additional 444 shares during the last quarter. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on TRN. Susquehanna reduced their price objective on shares of Trinity Industries from $26.00 to $24.00 and set a "neutral" rating for the company in a research note on Tuesday, July 29th. Wall Street Zen raised shares of Trinity Industries from a "sell" rating to a "hold" rating in a research note on Saturday. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $27.50.

Trinity Industries Stock Performance

Trinity Industries stock traded down $0.25 on Friday, reaching $28.37. 518,077 shares of the stock were exchanged, compared to its average volume of 801,835. The stock has a market cap of $2.29 billion, a PE ratio of 24.88 and a beta of 1.49. The company has a current ratio of 1.96, a quick ratio of 1.01 and a debt-to-equity ratio of 4.66. Trinity Industries, Inc. has a twelve month low of $22.38 and a twelve month high of $39.83. The firm has a fifty day moving average price of $27.26 and a two-hundred day moving average price of $27.33.

Trinity Industries (NYSE:TRN - Get Free Report) last released its earnings results on Thursday, July 31st. The transportation company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.12). The firm had revenue of $506.20 million for the quarter, compared to analyst estimates of $589.96 million. Trinity Industries had a return on equity of 8.49% and a net margin of 3.83%.The firm's revenue was down 39.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 EPS. Trinity Industries has set its FY 2025 guidance at 1.400-1.60 EPS. Sell-side analysts anticipate that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Company 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.