Keefe, Bruyette & Woods reaffirmed their hold rating on shares of Triton International Limited (NASDAQ:TRTN) in a report issued on Friday. Keefe, Bruyette & Woods currently has a $28.00 price target on the stock.
Other research analysts have also issued research reports about the company. Zacks Investment Research raised Triton International Limited from a strong sell rating to a hold rating in a report on Wednesday, November 30th. SunTrust Banks, Inc. boosted their target price on Triton International Limited from $26.00 to $28.00 and gave the company a positive rating in a report on Wednesday, March 15th. Cowen and Company reissued an outperform rating and issued a $30.00 target price on shares of Triton International Limited in a report on Thursday. Finally, Wells Fargo & Co assumed coverage on Triton International Limited in a report on Monday, February 13th. They issued an outperform rating and a $30.00 target price on the stock. They noted that the move was a valuation call. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Triton International Limited currently has a consensus rating of Buy and a consensus price target of $25.67.
Shares of Triton International Limited (NASDAQ:TRTN) traded down 3.99% on Friday, hitting $24.80. 212,908 shares of the company traded hands. The firm’s 50-day moving average is $24.76 and its 200 day moving average is $18.22. Triton International Limited has a 1-year low of $11.50 and a 1-year high of $27.84.
Triton International Limited (NASDAQ:TRTN) last released its earnings results on Tuesday, March 14th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.21. The company earned $259.50 million during the quarter, compared to analyst estimates of $251.91 million. Triton International Limited’s quarterly revenue was up 50.0% compared to the same quarter last year. On average, equities research analysts predict that Triton International Limited will post $1.80 EPS for the current fiscal year.
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The business also recently announced a quarterly dividend, which will be paid on Thursday, March 30th. Stockholders of record on Monday, March 20th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.26%. The ex-dividend date of this dividend is Thursday, March 16th.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement Association of Colorado bought a new position in Triton International Limited during the third quarter worth about $129,000. Airain ltd acquired a new position in shares of Triton International Limited during the third quarter worth $134,000. Aperio Group LLC acquired a new position in shares of Triton International Limited during the third quarter worth $137,000. Russell Investments Group Ltd. acquired a new position in shares of Triton International Limited during the fourth quarter worth $172,000. Finally, Strs Ohio acquired a new position in shares of Triton International Limited during the third quarter worth $167,000.
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