Tradewinds Capital Management LLC Has $98,000 Stock Holdings in Trinity Industries, Inc. (NYSE:TRN)

Tradewinds Capital Management LLC decreased its holdings in shares of Trinity Industries, Inc. (NYSE:TRN) by 30.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,800 shares of the transportation company’s stock after selling 1,200 shares during the period. Tradewinds Capital Management LLC’s holdings in Trinity Industries were worth $98,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TRN. Algert Global LLC grew its stake in shares of Trinity Industries by 125.0% in the 3rd quarter. Algert Global LLC now owns 297,230 shares of the transportation company’s stock worth $10,355,000 after acquiring an additional 165,105 shares in the last quarter. Barclays PLC grew its stake in shares of Trinity Industries by 387.2% in the 3rd quarter. Barclays PLC now owns 179,500 shares of the transportation company’s stock worth $6,254,000 after acquiring an additional 142,660 shares in the last quarter. State Street Corp grew its stake in shares of Trinity Industries by 2.3% in the 3rd quarter. State Street Corp now owns 3,226,026 shares of the transportation company’s stock worth $112,395,000 after acquiring an additional 73,183 shares in the last quarter. Citigroup Inc. grew its stake in shares of Trinity Industries by 81.5% in the 3rd quarter. Citigroup Inc. now owns 115,775 shares of the transportation company’s stock worth $4,034,000 after acquiring an additional 51,988 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in shares of Trinity Industries by 611.4% in the 3rd quarter. Los Angeles Capital Management LLC now owns 51,912 shares of the transportation company’s stock worth $1,809,000 after acquiring an additional 44,615 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Trinity Industries Price Performance

TRN opened at $30.27 on Friday. The firm has a market cap of $2.49 billion, a P/E ratio of 18.46 and a beta of 1.40. The firm has a 50-day moving average of $36.26 and a 200 day moving average of $35.24. The company has a debt-to-equity ratio of 4.35, a quick ratio of 1.08 and a current ratio of 1.80. Trinity Industries, Inc. has a fifty-two week low of $23.67 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 for the quarter, beating the consensus estimate of $0.38 by $0.01. The company had revenue of $629.40 million during the quarter, compared to analyst estimates of $589.30 million. Trinity Industries had a net margin of 4.49% and a return on equity of 11.78%. On average, research analysts expect that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend was Wednesday, January 15th. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.28. Trinity Industries’s dividend payout ratio (DPR) is currently 73.17%.

Analyst Upgrades and Downgrades

TRN has been the subject of several recent analyst reports. The Goldman Sachs Group initiated coverage on shares of Trinity Industries in a research note on Monday, November 18th. They issued a “neutral” rating and a $39.00 target price for the company. StockNews.com lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a research note 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.