Jump Financial LLC Purchases Shares of 12,455 Trinity Industries, Inc. $TRN

Jump Financial LLC acquired a new stake in Trinity Industries, Inc. (NYSE:TRN - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,455 shares of the transportation company's stock, valued at approximately $349,000.

Several other large investors also recently added to or reduced their stakes in the stock. Northern Trust Corp raised its holdings in shares of Trinity Industries by 33.6% in the 4th quarter. Northern Trust Corp now owns 1,172,036 shares of the transportation company's stock valued at $41,138,000 after purchasing an additional 295,054 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Trinity Industries in the 4th quarter valued at about $225,000. AXA S.A. raised its holdings in shares of Trinity Industries by 119.8% in the 4th quarter. AXA S.A. now owns 126,152 shares of the transportation company's stock valued at $4,428,000 after purchasing an additional 68,752 shares in the last quarter. Centiva Capital LP raised its holdings in shares of Trinity Industries by 12.7% in the 4th quarter. Centiva Capital LP now owns 10,106 shares of the transportation company's stock valued at $355,000 after purchasing an additional 1,142 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Trinity Industries by 197.2% in the 4th quarter. Deutsche Bank AG now owns 147,450 shares of the transportation company's stock valued at $5,175,000 after purchasing an additional 97,843 shares in the last quarter. 86.57% of the stock is owned by hedge funds and other institutional investors.

Trinity Industries Stock Down 0.0%

Shares of NYSE TRN traded down $0.01 during trading hours on Friday, hitting $28.59. 408,059 shares of the stock were exchanged, compared to its average volume of 564,909. The company has a quick ratio of 1.01, a current ratio of 1.96 and a debt-to-equity ratio of 4.66. The company has a market cap of $2.31 billion, a PE ratio of 25.07 and a beta of 1.52. The firm has a fifty day moving average price of $27.44 and a 200-day moving average price of $27.09. Trinity Industries, Inc. has a 12 month low of $22.38 and a 12 month high of $39.83.

Trinity Industries (NYSE:TRN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.12). The firm had revenue of $506.20 million for 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 was down 39.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 EPS. Trinity Industries has set its FY 2025 guidance at 1.400-1.60 EPS. On average, sell-side analysts expect that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, October 15th. This represents a $1.20 dividend on an annualized basis and a yield of 4.2%. Trinity Industries's dividend payout ratio is presently 105.26%.

Analyst Ratings Changes

Several equities research analysts have recently commented on TRN shares. Wall Street Zen upgraded shares of Trinity Industries from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Susquehanna reduced their price target on shares of Trinity Industries from $26.00 to $24.00 and set a "neutral" rating for the company in a report on Tuesday, July 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $27.50.

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.