Trinity Industries Inc. (NYSE:TRN) was down 4.6% during mid-day trading on Monday . The company traded as low as $20.95 and last traded at $20.96, with a volume of 2,061,752 shares. The stock had previously closed at $21.96.

A number of equities research analysts have issued reports on TRN shares. Zacks Investment Research upgraded shares of Trinity Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, May 30th. Susquehanna downgraded shares of Trinity Industries from a “positive” rating to a “neutral” rating in a research report on Monday. Stifel Nicolaus downgraded shares of Trinity Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, April 19th. They noted that the move was a valuation call. Vetr downgraded shares of Trinity Industries from a “hold” rating to a “strong sell” rating and set a $16.00 target price for the company. in a research report on Tuesday, April 12th. Finally, Wells Fargo & Co. reiterated a “hold” rating on shares of Trinity Industries in a research report on Wednesday, June 22nd. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €19.43 ($21.59).

The company has a 50-day moving average of $19.27 and a 200 day moving average of $19.03. The stock has a market cap of $3.06 billion and a PE ratio of 5.35.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.14. During the same period in the prior year, the firm earned $1.33 earnings per share. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Analysts expect that Trinity Industries Inc. will post $2.14 earnings per share for the current fiscal year.

The company also recently disclosed 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 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Wednesday, July 13th.

Other institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL increased its position 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 worth $2,879,000 after buying an additional 300 shares in the last quarter. Mutual of America Capital Management LLC increased its position in Trinity Industries by 0.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 103,766 shares of the company’s stock worth $2,492,000 after buying an additional 573 shares in the last quarter. Bank of Montreal Can increased its position in Trinity Industries by 1.4% in the fourth quarter. Bank of Montreal Can now owns 109,257 shares of the company’s stock worth $2,624,000 after buying an additional 1,492 shares in the last quarter. Rhumbline Advisers increased its position in Trinity Industries by 1.0% in the fourth quarter. Rhumbline Advisers now owns 247,221 shares of the company’s stock worth $5,938,000 after buying an additional 2,519 shares in the last quarter. Finally, Comerica Bank increased its position in Trinity Industries by 2.8% in the fourth quarter. Comerica Bank now owns 135,141 shares of the company’s stock worth $2,887,000 after buying an additional 3,717 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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