Can analysts adopt a bullish outlook for Trinity Industries, Inc. (NYSE:TRN)?

June 28, 2018 - By Marguerite Chambers

Trinity Industries, Inc. (NYSE:TRN) LogoInvestors sentiment decreased to 0.97 in Q1 2018. Its down 0.08, from 1.05 in 2017Q4. It worsened, as 36 investors sold Trinity Industries, Inc. shares while 117 reduced holdings. 51 funds opened positions while 98 raised stakes. 129.79 million shares or 1.11% more from 128.36 million shares in 2017Q4 were reported.
Comerica Bancorp has 122,616 shares for 0.03% of their portfolio. Schroder Mgmt Grp Inc holds 0% of its portfolio in Trinity Industries, Inc. (NYSE:TRN) for 30,415 shares. Gsa Capital Llp stated it has 35,826 shares or 0.06% of all its holdings. Credit Suisse Ag holds 0.04% or 1.34 million shares. Georgia-based Advisory Ltd Liability Com has invested 0.02% in Trinity Industries, Inc. (NYSE:TRN). Jennison Lc has 2.02M shares. Sei Invests invested in 204,836 shares. Ny State Common Retirement Fund reported 304,900 shares. Barclays Public Ltd Com invested 0% in Trinity Industries, Inc. (NYSE:TRN). Blackrock stated it has 12.59 million shares or 0.02% of all its holdings. Swiss Bankshares reported 0.01% stake. 10,982 were accumulated by Intrust Bancorp Na. Nomura holds 14,807 shares or 0% of its portfolio. Victory Capital Mgmt holds 0.01% in Trinity Industries, Inc. (NYSE:TRN) or 75,057 shares. Moreover, Bluecrest Mgmt Limited has 0.04% invested in Trinity Industries, Inc. (NYSE:TRN).

Since February 28, 2018, it had 5 insider purchases, and 0 selling transactions for $91.69 million activity.

Trinity Industries, Inc. (NYSE:TRN) Ratings Coverage

Among 5 analysts covering Trinity Industries (NYSE:TRN), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Trinity Industries had 7 analyst reports since January 4, 2018 according to SRatingsIntel. The stock of Trinity Industries, Inc. (NYSE:TRN) earned “Outperform” rating by Wells Fargo on Friday, February 16. Stifel Nicolaus maintained Trinity Industries, Inc. (NYSE:TRN) rating on Friday, February 23. Stifel Nicolaus has “Buy” rating and $42 target. Susquehanna maintained Trinity Industries, Inc. (NYSE:TRN) on Tuesday, February 20 with “Buy” rating. As per Monday, April 30, the company rating was maintained by Stifel Nicolaus. As per Friday, February 9, the company rating was maintained by Stifel Nicolaus. Below is a list of Trinity Industries, Inc. (NYSE:TRN) latest ratings and price target changes.

30/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $42 New Target: $44 Maintain
06/03/2018 Broker: Vertical Research Rating: Sell New Target: $20 Initiates Coverage On
23/02/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $40 New Target: $42 Maintain
20/02/2018 Broker: Susquehanna Rating: Buy New Target: $52.0 Maintain
16/02/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade
09/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $40.0 Maintain
04/01/2018 Broker: Seaport Global Rating: Neutral Initiates Coverage On

The stock decreased 0.51% or $0.17 during the last trading session, reaching $33.21. About 957,962 shares traded. Trinity Industries, Inc. (NYSE:TRN) has risen 35.19% since June 28, 2017 and is uptrending. It has outperformed by 22.62% the S&P500.

Trinity Industries, Inc. provides various services and products to the energy, chemical, agriculture, transportation, and construction sectors in the United States and internationally. The company has market cap of $4.96 billion. The Company’s Rail Group segment offers railcars, including autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and tank cars, as well as railcar maintenance services. It has a 7.34 P/E ratio. This segment serves railroads, leasing companies, and industrial shippers of various products.

More news for Trinity Industries, Inc. (NYSE:TRN) were recently published by: Finance.Yahoo.com, which released: “Should You Buy Trinity Industries Inc (NYSE:TRN) For Its Dividend?” on June 06, 2018. Seekingalpha.com‘s article titled: “Trinity Industries Inc.: Spin-Off Entity Does Not Look Overly Promising” and published on June 11, 2018 is yet another important article.

Trinity Industries, Inc. (NYSE:TRN) Institutional Positions Chart

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