Argent Capital Management LLC purchased a new stake in shares of Triton International Limited (NASDAQ:TRTN) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 77,075 shares of the company’s stock, valued at approximately $2,577,000.

A number of other large investors have also recently modified their holdings of the stock. State Street Corp grew its holdings in Triton International Limited by 8.6% during the 2nd quarter. State Street Corp now owns 814,650 shares of the company’s stock valued at $27,244,000 after purchasing an additional 64,662 shares during the last quarter. Balyasny Asset Management LLC bought a new position in Triton International Limited during the 2nd quarter valued at about $9,389,000. EAM Investors LLC bought a new position in Triton International Limited during the 2nd quarter valued at about $3,046,000. UBS Asset Management Americas Inc. grew its holdings in Triton International Limited by 60.5% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 16,690 shares of the company’s stock valued at $558,000 after purchasing an additional 6,291 shares during the last quarter. Finally, New York State Common Retirement Fund grew its holdings in Triton International Limited by 122.0% during the 2nd quarter. New York State Common Retirement Fund now owns 93,245 shares of the company’s stock valued at $3,118,000 after purchasing an additional 51,244 shares during the last quarter.

Several brokerages recently commented on TRTN. Zacks Investment Research upgraded shares of Triton International Limited from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a report on Thursday, July 27th. Cowen and Company reiterated a “buy” rating and set a $44.00 price target (up from $40.00) on shares of Triton International Limited in a report on Thursday, August 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $35.00 price target on shares of Triton International Limited in a report on Thursday, August 10th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $40.00 price target (up from $35.00) on shares of Triton International Limited in a report on Thursday, August 10th. Finally, BidaskClub upgraded shares of Triton International Limited from a “hold” rating to a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $37.50.

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Shares of Triton International Limited (NASDAQ TRTN) traded down 0.57% during trading on Monday, reaching $34.70. 120,307 shares of the company traded hands. Triton International Limited has a 52 week low of $11.50 and a 52 week high of $38.19. The firm has a 50 day moving average of $34.18 and a 200 day moving average of $31.62. The stock has a market capitalization of $2.59 billion and a PE ratio of 48.94.

Triton International Limited (NASDAQ:TRTN) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. The company had revenue of $281.90 million for the quarter, compared to analyst estimates of $281.09 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. Triton International Limited’s revenue was up 78.1% on a year-over-year basis. On average, equities analysts predict that Triton International Limited will post $2.57 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 1st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date was Wednesday, August 30th.

In other Triton International Limited news, insider Kevin Valentine sold 2,000 shares of Triton International Limited stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $35.00, for a total transaction of $70,000.00. Following the completion of the sale, the insider now directly owns 61,705 shares in the company, valued at $2,159,675. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Ownership by Quarter for Triton International Limited (NASDAQ:TRTN)

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