Capital Fund Management S.A. Invests $297,000 in Trinity Industries, Inc. $TRN

Key Points

• Capital Fund Management S.A. acquired a new stake in Trinity Industries, purchasing 10,574 shares valued at approximately $297,000.
• Trinity Industries reported earnings of $0.19 per share for the last quarter, which was below analysts' expectations of $0.31 per share, along with a 39.8% decrease in year-over-year revenue.
• Institutional investors own 86.57% of Trinity Industries' stock, indicating strong support from larger investment firms.

Capital Fund Management S.A. bought a new position in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,574 shares of the transportation company's stock, valued at approximately $297,000.

A number of other institutional investors and hedge funds also recently modified their holdings of TRN. Headlands Technologies LLC raised its holdings in shares of Trinity Industries by 3,418.2% during the first quarter. Headlands Technologies LLC now owns 1,548 shares of the transportation company's stock worth $43,000 after purchasing an additional 1,504 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Trinity Industries by 97.4% during the first quarter. Russell Investments Group Ltd. now owns 3,604 shares of the transportation company's stock worth $101,000 after purchasing an additional 1,778 shares during the period. Stephens Inc. AR grew its position in shares of Trinity Industries by 6.5% during the first quarter. Stephens Inc. AR now owns 7,317 shares of the transportation company's stock worth $205,000 after acquiring an additional 444 shares during the last quarter. Matrix Trust Co grew its position in shares of Trinity Industries by 60.2% during the first quarter. Matrix Trust Co now owns 7,888 shares of the transportation company's stock worth $221,000 after acquiring an additional 2,965 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Trinity Industries during the fourth quarter worth about $225,000. 86.57% of the stock is owned by institutional investors and hedge funds.

Trinity Industries Price Performance

TRN traded up $0.03 on Tuesday, reaching $28.45. The company had a trading volume of 634,008 shares, compared to its average volume of 715,793. The company has a fifty day moving average of $27.35 and a 200-day moving average of $27.24. The company has a market capitalization of $2.30 billion, a P/E ratio of 24.96 and a beta of 1.53. 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 one year low of $22.38 and a one year high of $39.83.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Susquehanna lowered their price target on shares of Trinity Industries from $26.00 to $24.00 and set a "neutral" rating for the company in a research report on Tuesday, July 29th. Wall Street Zen upgraded shares of Trinity Industries from a "sell" rating to a "hold" rating in a research report on Saturday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Trinity Industries currently has a consensus rating of "Hold" and a consensus price target of $27.50.

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.