Caisse Des Depots ET Consignations Purchases New Shares in Trinity Industries, Inc. (NYSE:TRN)

Caisse Des Depots ET Consignations bought a new stake in Trinity Industries, Inc. (NYSE:TRN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,800 shares of the transportation company's stock, valued at approximately $414,000.

A number of other institutional investors have also bought and sold shares of the company. Wellington Shields Capital Management LLC bought a new position in shares of Trinity Industries in the 4th quarter worth about $35,000. Smartleaf Asset Management LLC increased its holdings in Trinity Industries by 87.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,532 shares of the transportation company's stock worth $54,000 after purchasing an additional 713 shares in the last quarter. Millstone Evans Group LLC acquired a new position in Trinity Industries in the fourth quarter valued at approximately $54,000. Jones Financial Companies Lllp boosted its holdings in shares of Trinity Industries by 15.3% during the 4th quarter. Jones Financial Companies Lllp now owns 2,997 shares of the transportation company's stock worth $105,000 after buying an additional 398 shares in the last quarter. Finally, KBC Group NV grew its position in shares of Trinity Industries by 71.6% during the 4th quarter. KBC Group NV now owns 3,952 shares of the transportation company's stock worth $139,000 after buying an additional 1,649 shares during the period. Institutional investors own 86.57% of the company's stock.

Trinity Industries Stock Up 0.3 %

TRN stock traded up $0.09 during trading on Tuesday, reaching $28.15. 136,918 shares of the stock were exchanged, compared to its average volume of 557,383. The company has a current ratio of 1.80, a quick ratio of 1.08 and a debt-to-equity ratio of 4.35. Trinity Industries, Inc. has a twelve month low of $25.89 and a twelve month high of $39.83. The firm's 50 day moving average is $32.93 and its 200 day moving average is $34.81. The firm has a market cap of $2.30 billion, a P/E ratio of 17.16 and a beta of 1.50.

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Trinity Industries (NYSE:TRN - Get Free Report) last issued its earnings results on Thursday, February 20th. The transportation company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.01. Trinity Industries had a return on equity of 11.78% and a net margin of 4.49%. The company had revenue of $629.40 million for the quarter, compared to analysts' expectations of $589.30 million. As a group, research analysts forecast that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.26%. Trinity Industries's dividend payout ratio is currently 73.17%.

Insider Transactions at Trinity Industries

In related news, EVP Gregory B. Mitchell sold 9,286 shares of Trinity Industries stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $31.02, for a total transaction of $288,051.72. Following the transaction, the executive vice president now owns 111,879 shares of the company's stock, valued at $3,470,486.58. The trade was a 7.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Susquehanna boosted their target price on shares of Trinity Industries from $34.00 to $35.00 and gave the company a "neutral" rating in a research report on Monday, March 3rd.

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.