Trinity Industries Inc. (NYSE:TRN) saw an uptick in trading volume on Monday . 2,044,885 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 2,110,086 shares.The stock last traded at $20.86 and had previously closed at $20.65.

Several research firms have weighed in on TRN. Zacks Investment Research raised Trinity Industries from a “sell” rating to a “hold” rating in a report on Wednesday. Axiom Securities reaffirmed a “sell” rating on shares of Trinity Industries in a report on Tuesday, April 12th. Stifel Nicolaus cut Trinity Industries from a “buy” rating to a “hold” rating in a report on Tuesday, April 19th. They noted that the move was a valuation call. Vetr cut Trinity Industries from a “hold” rating to a “strong sell” rating and set a $16.00 price target on the stock. in a report on Tuesday, April 12th. Finally, Cowen and Company reissued an “outperform” rating and set a $22.00 price objective (up from $21.00) on shares of Trinity Industries in a report on Monday, April 25th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Trinity Industries has a consensus rating of “Hold” and an average price target of €19.14 ($21.27).

The stock has a market cap of $3.17 billion and a P/E ratio of 4.572. The firm’s 50-day moving average price is $18.99 and its 200 day moving average price is $19.02.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 29th. Shareholders of record on Friday, July 15th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 2.11%. The ex-dividend date is Wednesday, July 13th.

Other hedge funds recently added to or reduced their stakes in the company. Russell Frank Co raised its stake in Trinity Industries by 13.2% in the fourth quarter. Russell Frank Co now owns 148,532 shares of the company’s stock valued at $3,585,000 after buying an additional 17,277 shares in the last quarter. Rhumbline Advisers raised its stake in Trinity Industries by 1.0% in the fourth quarter. Rhumbline Advisers now owns 247,221 shares of the company’s stock valued at $5,938,000 after buying an additional 2,519 shares in the last quarter. Comerica Bank raised its stake in Trinity Industries by 2.8% in the fourth quarter. Comerica Bank now owns 135,141 shares of the company’s stock valued at $2,887,000 after buying an additional 3,717 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in Trinity Industries by 0.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 119,874 shares of the company’s stock valued at $2,879,000 after buying an additional 300 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Trinity Industries by 6.6% in the fourth quarter. Vanguard Group Inc. now owns 12,462,892 shares of the company’s stock valued at $299,359,000 after buying an additional 771,494 shares in the last quarter.

Trinity Industries, Inc is a diversified industrial company that owns a range of businesses providing products and services to the energy, transportation, chemical and construction sectors. The Company’s products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products.

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