Trinity Industries (NYSE:TRN).
Raymond James & Associates sold 1,041 shares during the last quarter decreasing its stake in Trinity Industries (TRN) by 0.3%. Its investment was valued at $11,073,000 an increase of $1,314,000 as of quarter end.
These firms have modified their investment in TRN. Lsv Asset Management cut its holdings by shedding 42,200 shares a decrease of 0.8% as of 09/30/2017. Lsv Asset Management owns 4,929,539 shares valued at $157,252,000. The value of the position overall is up by 12.8%. As of quarter end First Mercantile Trust Co had sold a total of 350 shares trimming its position 6.0%. The value of the investment in (TRN) increased from $163,000 to $174,000 a change of 6.7% quarter to quarter.
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS divested its stake by selling 132 shares a decrease of 0.6% in the quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now holds 22,077 shares worth $704,000. The total value of its holdings increased 13.0%.
Stifel Nicolaus lowered the price target on October 27 changing the price objective from $42.00 to $41.00 and issued a “Buy” recommendation.
October 17 investment analysts at Cowen and Company made no change to the company rating of “Buy” projecting a price of $39.00. Equity analyst Cowen and Company raised the price target of the stock on October 5 boosting the projection from $31.00 to $39.00 and issued a “Outperform” rating.
On October 3 Stephens left the company rating at “Equal Weight” targeting a price of $35.00. On October 2 KeyCorp held the stock rating at “Buy” with a current price target of $41.00.
The company is down by 0.75% since yesterday’s close of 33.15. Trinity Industries’s P/E ratio is 21.89 and the market cap of the company is 4.99B. In the last earnings report the EPS was $1.50 with 151.78M shares outstanding.
Traders are feeling more bearish on shares of the company lately if you take a look at the motion in short interest. The firm experienced a rise in short interest from September 29, 2017 to October 13, 2017 of 21.00%. Short shares increased 1,813,819 over that timeframe. Days to cover decreased -2.0 to 5.0 and the percentage of shorted shares is 0.07% as of October 13.