Textainer Group Holdings Ltd. (NYSE:TGH)’s share price was up 5.8% during trading on Friday . The company traded as high as $11.36 and last traded at $11.30, with a volume of 317,099 shares. The stock had previously closed at $10.68.

A number of equities analysts recently commented on TGH shares. Zacks Investment Research raised Textainer Group Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. Cowen and Company decreased their target price on Textainer Group Holdings from $15.00 to $9.00 and set a “market perform” rating on the stock in a report on Thursday, May 5th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Textainer Group Holdings currently has a consensus rating of “Hold” and a consensus price target of $13.43.

The stock has a market capitalization of $639.24 million and a PE ratio of 9.47. The firm’s 50-day moving average price is $11.87 and its 200 day moving average price is $12.47.

Textainer Group Holdings (NYSE:TGH) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by $0.09. The firm had revenue of $128.90 million for the quarter, compared to analysts’ expectations of $125.81 million. Textainer Group Holdings’s revenue was down 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 earnings per share. Equities research analysts forecast that Textainer Group Holdings Ltd. will post $0.65 EPS for the current year.

A hedge fund recently raised its stake in Textainer Group Holdings stock. Foresters Investment Management Company Inc. increased its position in shares of Textainer Group Holdings Ltd. (NYSE:TGH) by 2.2% during the fourth quarter, Holdings Channel reports. The firm owned 234,930 shares of the company’s stock after buying an additional 5,000 shares during the period. Foresters Investment Management Company Inc. owned approximately 0.41% of Textainer Group Holdings worth $3,315,000 as of its most recent SEC filing.

Textainer Group Holdings Limited (TGH) is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company is a lessor of intermodal containers based on fleet size, with a total fleet of more than 2.1 million containers.

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