Financial Engines Advisors L.L.C. Decreases Stock Holdings in Trinity Industries, Inc. (NYSE:TRN)

Financial Engines Advisors L.L.C. lowered its position in Trinity Industries, Inc. (NYSE:TRN) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,188 shares of the transportation company’s stock after selling 657 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Trinity Industries were worth $638,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TRN. Intech Investment Management LLC acquired a new position in shares of Trinity Industries during the third quarter worth approximately $572,000. Citigroup Inc. raised its holdings in shares of Trinity Industries by 81.5% during the third quarter. Citigroup Inc. now owns 115,775 shares of the transportation company’s stock worth $4,034,000 after acquiring an additional 51,988 shares in the last quarter. Cerity Partners LLC lifted its stake in Trinity Industries by 28.0% in the third quarter. Cerity Partners LLC now owns 12,237 shares of the transportation company’s stock valued at $426,000 after acquiring an additional 2,680 shares during the last quarter. FMR LLC lifted its position in shares of Trinity Industries by 23.9% in the third quarter. FMR LLC now owns 116,755 shares of the transportation company’s stock worth $4,068,000 after buying an additional 22,522 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Trinity Industries in the 3rd quarter worth approximately $293,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Trinity Industries Stock Performance

TRN stock opened at $29.01 on Friday. The company has a 50 day moving average price of $33.33 and a 200 day moving average price of $34.79. The stock has a market capitalization of $2.37 billion, a PE ratio of 17.69 and a beta of 1.50. Trinity Industries, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $39.83. The company has a debt-to-equity ratio of 4.35, a current ratio of 1.80 and a quick ratio of 1.08.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings results on Thursday, February 20th. The transportation company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01. The business had revenue of $629.40 million for the quarter, compared to analyst estimates of $589.30 million. Trinity Industries had a return on equity of 11.78% and a net margin of 4.49%. Analysts forecast that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Insider Transactions at Trinity Industries

In other news, EVP Gregory B. Mitchell sold 9,286 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $31.02, for a total value of $288,051.72. Following the completion of the sale, the executive vice president now directly owns 111,879 shares of the company’s stock, valued at $3,470,486.58. This trade represents a 7.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.60% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Susquehanna raised their target price on Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Monday, March 3rd.

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.