Compass Point set a $38.00 target price on Triton International (NYSE:TRTN) in a research note released on Friday morning, TipRanks reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently commented on the stock. TheStreet raised shares of Triton International from a d- rating to a c rating in a research note on Friday, July 12th. Zacks Investment Research cut shares of Guaranty Federal Bancshares from a hold rating to a sell rating in a research note on Tuesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $35.25.

Triton International stock traded up $0.06 during trading hours on Friday, hitting $32.40. 87,619 shares of the stock were exchanged, compared to its average volume of 317,731. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 3.34. The stock has a market capitalization of $2.39 billion, a PE ratio of 7.17, a P/E/G ratio of 0.69 and a beta of 2.26. Triton International has a 12 month low of $28.20 and a 12 month high of $39.56. The stock has a 50-day moving average of $32.33.

Triton International (NYSE:TRTN) last released its quarterly earnings results on Thursday, July 25th. The company reported $1.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.05. Triton International had a net margin of 24.70% and a return on equity of 16.21%. The business had revenue of $338.60 million for the quarter, compared to analysts’ expectations of $345.61 million. During the same period in the prior year, the firm earned $1.10 earnings per share. Triton International’s revenue was up 2.7% compared to the same quarter last year. As a group, sell-side analysts expect that Triton International will post 4.67 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th will be issued a $0.52 dividend. The ex-dividend date is Wednesday, September 4th. This represents a $2.08 annualized dividend and a yield of 6.42%. Triton International’s dividend payout ratio (DPR) is presently 46.02%.

In other news, Director Claude Germain bought 2,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were bought at an average cost of $26.68 per share, for a total transaction of $53,360.00. Following the completion of the acquisition, the director now owns 2,000 shares in the company, valued at approximately $53,360. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.60% of the company’s stock.

Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Triton International by 6.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,542,235 shares of the company’s stock worth $172,195,000 after acquiring an additional 317,813 shares during the period. LSV Asset Management grew its position in Triton International by 9.8% in the first quarter. LSV Asset Management now owns 1,399,803 shares of the company’s stock valued at $43,533,000 after purchasing an additional 124,610 shares in the last quarter. Norges Bank bought a new position in Triton International in the fourth quarter valued at $19,462,000. Geode Capital Management LLC grew its position in Triton International by 8.1% in the fourth quarter. Geode Capital Management LLC now owns 603,201 shares of the company’s stock valued at $18,741,000 after purchasing an additional 45,403 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in Triton International by 2.5% in the first quarter. Clearbridge Investments LLC now owns 537,757 shares of the company’s stock valued at $16,724,000 after purchasing an additional 13,200 shares in the last quarter. Institutional investors and hedge funds own 60.54% of the company’s stock.

Triton International Company Profile

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides container management services.

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