Quantbot Technologies LP Invests $936,000 in Trinity Industries, Inc. $TRN

Key Points

• Quantbot Technologies LP has acquired 33,370 shares of Trinity Industries, valued at approximately $936,000, marking a new investment in the company.
• Trinity reported a quarterly earnings miss with $0.19 EPS compared to an expected $0.31, and revenue declined by 39.8% year-over-year.
• Wall Street analysts have mixed sentiments on TRN, with Susquehanna lowering its price target from $26.00 to $24.00 and downgrading the stock to a "sell" rating.

Quantbot Technologies LP bought a new position in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 33,370 shares of the transportation company's stock, valued at approximately $936,000.

Other institutional investors have also added to or reduced their stakes in the company. Headlands Technologies LLC boosted its stake in Trinity Industries by 3,418.2% in the 1st quarter. Headlands Technologies LLC now owns 1,548 shares of the transportation company's stock valued at $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 1st quarter. Russell Investments Group Ltd. now owns 3,604 shares of the transportation company's stock worth $101,000 after buying an additional 1,778 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in shares of Trinity Industries during the 4th quarter worth $225,000. Wealth Enhancement Advisory Services LLC acquired a new position in Trinity Industries in the 4th quarter worth about $241,000. Finally, Stephens Inc. AR increased its holdings in Trinity Industries by 6.5% in the 1st quarter. Stephens Inc. AR now owns 7,317 shares of the transportation company's stock worth $205,000 after purchasing an additional 444 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Wall Street Zen cut Trinity Industries from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Susquehanna cut their price target on Trinity Industries from $26.00 to $24.00 and set a "neutral" rating on the stock in a report on Tuesday, July 29th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $27.50.

Trinity Industries Trading Down 0.9%

Shares of TRN traded down $0.25 during trading hours on Friday, hitting $28.37. The company had a trading volume of 518,077 shares, compared to its average volume of 801,835. The firm has a market cap of $2.29 billion, a P/E ratio of 24.88 and a beta of 1.49. The stock's 50 day moving average price is $27.26 and its 200 day moving average price is $27.39. The company has a quick ratio of 1.01, a current ratio of 1.96 and a debt-to-equity ratio of 4.66. Trinity Industries, Inc. has a 52-week low of $22.38 and a 52-week high of $39.83.

Trinity Industries (NYSE:TRN - Get Free Report) last announced its quarterly 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 business had revenue of $506.20 million for the quarter, compared to analysts' expectations of $589.96 million. During the same quarter in the prior year, the firm earned $0.66 EPS. The firm's revenue for the quarter was down 39.8% on a year-over-year basis. Trinity Industries has set its FY 2025 guidance at 1.400-1.60 EPS. On average, research analysts predict that Trinity Industries, Inc. will post 1.65 EPS for the current 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.