Fox Run Management L.L.C. Purchases 17,440 Shares of Trinity Industries, Inc. $TRN

Key Points

• Fox Run Management L.L.C. increased its stock position in Trinity Industries by 102.3% during Q1, owning 34,493 shares valued at approximately $968,000.
• Trinity Industries' stock has faced a decline, with a recent drop of 2.1% as it traded at $27.42, while the company reported a quarterly EPS of $0.19, missing estimates by $0.12.
• Analysts have downgraded Trinity Industries, with Susquehanna lowering the target price from $26.00 to $24.00 and changing its rating to "neutral".

Fox Run Management L.L.C. grew its position in Trinity Industries, Inc. (NYSE:TRN - Free Report) by 102.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,493 shares of the transportation company's stock after purchasing an additional 17,440 shares during the quarter. Fox Run Management L.L.C.'s holdings in Trinity Industries were worth $968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of the business. Stephens Inc. AR lifted its position in shares of Trinity Industries by 6.5% in the first quarter. Stephens Inc. AR now owns 7,317 shares of the transportation company's stock valued at $205,000 after acquiring an additional 444 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in Trinity Industries by 1.1% in the 1st quarter. Illinois Municipal Retirement Fund now owns 44,168 shares of the transportation company's stock worth $1,239,000 after purchasing an additional 462 shares during the period. Summit Investment Advisors Inc. boosted its stake in Trinity Industries by 6.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 8,550 shares of the transportation company's stock worth $300,000 after purchasing an additional 543 shares during the period. Centiva Capital LP boosted its stake in Trinity Industries by 12.7% in the 4th quarter. Centiva Capital LP now owns 10,106 shares of the transportation company's stock worth $355,000 after purchasing an additional 1,142 shares during the period. Finally, Cerity Partners LLC boosted its stake in Trinity Industries by 8.2% in the 1st quarter. Cerity Partners LLC now owns 15,794 shares of the transportation company's stock worth $443,000 after purchasing an additional 1,191 shares during the period. Hedge funds and other institutional investors own 86.57% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on TRN shares. Wall Street Zen downgraded Trinity Industries from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Susquehanna decreased their target price on Trinity Industries from $26.00 to $24.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 29th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $27.50.

Trinity Industries Trading Up 0.9%

Shares of NYSE:TRN traded up $0.2630 on Tuesday, hitting $28.0630. 475,267 shares of the company's stock were exchanged, compared to its average volume of 629,107. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 24.62 and a beta of 1.49. Trinity Industries, Inc. has a 12 month low of $22.38 and a 12 month high of $39.83. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.96 and a quick ratio of 1.01. The business's 50 day simple moving average is $26.87 and its two-hundred day simple moving average is $27.80.

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

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.