Quantbot Technologies LP Invests $1.26 Million in Trinity Industries, Inc. $TRN

Quantbot Technologies LP bought a new position in Trinity Industries, Inc. (NYSE:TRN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 36,335 shares of the transportation company’s stock, valued at approximately $1,256,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS Group AG grew its position in Trinity Industries by 92.3% in the fourth quarter. UBS Group AG now owns 455,201 shares of the transportation company’s stock worth $12,036,000 after buying an additional 218,437 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Trinity Industries during the 1st quarter valued at $6,710,000. Orchard Capital Management LLC acquired a new stake in shares of Trinity Industries during the 2nd quarter valued at $2,705,000. Dimensional Fund Advisors LP boosted its stake in shares of Trinity Industries by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,801,236 shares of the transportation company’s stock worth $154,500,000 after acquiring an additional 81,263 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of Trinity Industries by 110.3% in the 2nd quarter. Fifth Third Bancorp now owns 67,043 shares of the transportation company’s stock worth $2,318,000 after acquiring an additional 35,168 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TRN has been the topic of a number of recent analyst reports. Weiss Ratings lowered Trinity Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 price target on shares of Trinity Industries in a research report on Thursday, April 30th. Wall Street Zen cut Trinity Industries from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Susquehanna cut their price objective on Trinity Industries from $35.00 to $34.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $35.00.

Trinity Industries Stock Down 0.3%

Shares of NYSE:TRN opened at $29.61 on Wednesday. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.91 and a current ratio of 1.89. The company has a market cap of $2.36 billion, a PE ratio of 7.13 and a beta of 1.37. Trinity Industries, Inc. has a 52 week low of $24.76 and a 52 week high of $38.31. The firm has a 50 day simple moving average of $33.62 and a 200 day simple moving average of $33.21.

Trinity Industries Company Profile

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.