Yousif Capital Management LLC Has $1.10 Million Stock Position in Trinity Industries, Inc. (NYSE:TRN)

Yousif Capital Management LLC reduced its position in shares of Trinity Industries, Inc. (NYSE:TRN) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,238 shares of the transportation company’s stock after selling 817 shares during the quarter. Yousif Capital Management LLC’s holdings in Trinity Industries were worth $1,096,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. State Street Corp raised its stake in Trinity Industries by 2.3% during the 3rd quarter. State Street Corp now owns 3,226,026 shares of the transportation company’s stock worth $112,395,000 after buying an additional 73,183 shares during the period. HighTower Advisors LLC increased its holdings in Trinity Industries by 125.9% during the 3rd quarter. HighTower Advisors LLC now owns 56,979 shares of the transportation company’s stock worth $1,975,000 after purchasing an additional 31,758 shares in the last quarter. Intech Investment Management LLC bought a new stake in Trinity Industries during the 3rd quarter worth approximately $572,000. Royce & Associates LP increased its holdings in Trinity Industries by 8.2% during the 3rd quarter. Royce & Associates LP now owns 367,421 shares of the transportation company’s stock worth $12,801,000 after purchasing an additional 27,870 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Trinity Industries by 85.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,017 shares of the transportation company’s stock worth $35,000 after purchasing an additional 469 shares in the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Trinity Industries Stock Performance

TRN stock opened at $34.35 on Friday. The firm has a market cap of $2.82 billion, a PE ratio of 16.75 and a beta of 1.40. The company has a quick ratio of 1.08, a current ratio of 2.00 and a debt-to-equity ratio of 4.39. The business has a 50 day moving average of $36.73 and a 200-day moving average of $35.27. Trinity Industries, Inc. has a 12-month low of $23.67 and a 12-month high of $39.83.

Trinity Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a $0.30 dividend. This is an increase from Trinity Industries’s previous quarterly dividend of $0.28. The ex-dividend date was Wednesday, January 15th. This represents a $1.20 annualized dividend and a yield of 3.49%. Trinity Industries’s dividend payout ratio is presently 58.54%.

Analyst Ratings Changes

A number of analysts have commented on the company. The Goldman Sachs Group assumed coverage on Trinity Industries in a report on Monday, November 18th. They set a “neutral” rating and a $39.00 price objective for the company. Susquehanna lowered Trinity Industries from a “positive” rating to a “neutral” rating and boosted their price objective for the stock from $34.00 to $35.00 in a report on Monday, October 21st. Finally, StockNews.com lowered Trinity Industries from a “buy” rating to a “hold” rating in a report on Monday, November 4th.

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.