Financial Engines Advisors L.L.C. Has $638,000 Holdings in Trinity Industries, Inc. (NYSE:TRN)

Financial Engines Advisors L.L.C. lessened its holdings in shares of Trinity Industries, Inc. (NYSE:TRN) by 3.5% during the fourth quarter, Holdings Channel.com reports. The firm 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.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its stake in Trinity Industries by 3.5% in the third quarter. Sanctuary Advisors LLC now owns 10,005 shares of the transportation company’s stock valued at $376,000 after acquiring an additional 338 shares during the period. Arizona State Retirement System boosted its holdings in shares of Trinity Industries by 1.5% in the 4th quarter. Arizona State Retirement System now owns 23,928 shares of the transportation company’s stock worth $840,000 after buying an additional 364 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Trinity Industries by 15.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,997 shares of the transportation company’s stock valued at $105,000 after acquiring an additional 398 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Trinity Industries by 87.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,532 shares of the transportation company’s stock valued at $54,000 after buying an additional 713 shares during the period. Finally, Wellington Shields Capital Management LLC purchased a new stake in Trinity Industries during the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Insider Buying and Selling

In related news, EVP Gregory B. Mitchell sold 9,286 shares of the business’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 transaction, the executive vice president now directly owns 111,879 shares of the company’s stock, valued at approximately $3,470,486.58. The trade was a 7.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.60% of the stock is currently owned by corporate insiders.

Trinity Industries Stock Down 1.2 %

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

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 firm had revenue of $629.40 million during 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%. As a group, analysts forecast that Trinity Industries, Inc. will post 1.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Trinity Industries Company 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.