Wedge Capital Management L L P NC decreased its holdings in Triton International Ltd (NYSE: TRTN) by 3.0% during the fourth quarter, as stated in the most recent statement the company made with the Securities and Exchange Commission (S.E.C.) (S.E.C.).

The fund currently holds 136,162 shares of the company above’s stock, following the sale of 4,215 shares during the period in question.

According to the most recent filing they made with the Securities and Exchange Commission, Wedge Capital Management L.L.P. NC owned 0.23% of Triton International’s stock, valued at $9,365,000.

Several other hedge funds have similarly decreased the percentage of the company they own.

During the first three months of 2018, the Bank of New York Mellon Corporation grew its holdings in Triton International by 0.8%.

Bank of New York Mellon Corp now owns 298,153 shares of the company’s stock after purchasing 2,441 shares in the most recent quarter.

The value of the company’s stock holdings is now $20,924,000.

The percentage of Triton International shares that Janney Montgomery Scott L.L.C. owns increased by 3.3% during the third quarter.

After acquiring 5,352 additional shares during the preceding quarter, Janney Montgomery Scott L.L.C. now owns 168,396 shares of the company’s stock, which has a value of $9,216,000.

In the fourth quarter, Churchill Management Corp.

Boosted the percentage of Triton International in which it was invested by 5.3%.

After making additional purchases totaling 6,642 shares during the most recent quarter, Churchill Management Corp. now has 132,366 shares of the company’s stock, currently valued at $9,104,000. Rhumbline Advisers saw a 5.4% gain in the value of its investment in Triton International during the second quarter. Following the acquisition of 4,668 additional shares during the preceding quarter, Rhumbline Advisers now holds 91,423 shares of the company’s stock, valued at $4,813,000.

In the final step of the process, Rye Brook Capital L.L.C. grew its holdings in Triton International by 2.9% during the fourth quarter.

After making an additional purchase of 2,000 shares during the preceding quarter, Rye Brook Capital L.L.C. now holds 70,200 shares of the company’s stock, valued at $4,828,000. Hedge funds and other institutional investors own 64.64% of the company’s shares.
On Friday, the share price of Triton International was $60.65 when the market opened.

The debt-to-equity ratio comes in at 3.26, the current ratio at 4.13, and the quick ratio at 4.13.

The company has a price-to-earnings ratio of 5.43, a price-to-earnings-growth ratio of 0.66, and a beta value of 1.35.

The market capitalization of the company is $3.40 billion.

During this period, Triton International Limited hit a one-year low of $48.64 and a one-year high of $73.00 in the stock price.

The moving average for the company over the past 50 days is $68.15, and the moving average over the past 200 days is $64.82.

The most recent quarterly earnings report for Triton International (NYSE: TRTN) was released on February 14th.

The earnings per share for the firm came in at $2.76 for the quarter, which is $0.06 higher than the consensus expectation of $2.70.

The return on equity for Triton International was 30.10%, and the net margin for the company was 44.47%.

In comparison to the generally accepted forecast of $420.44 million, the actual revenue that the company brought in during the period was $416.30 million.

In the prior year, the company generated earnings of $2.67 per share during the same period. Compared to the previous year, the company’s revenue decreased by.2% during the quarter.

According to the forecasts of financial research specialists, Triton International Limited should bring in $9.31 per share of revenue this year.

In addition, the business has announced a quarterly dividend, which is scheduled to be distributed on the following Friday, March 24th. On Friday, March 10th, investors who own shares on the record date will be eligible for dividend payments of $0.70 per share.

The date of the ex-dividend for this dividend is March 9th.

This equates to a dividend payment of $2.80 annually and a dividend yield of 4.62%.

The dividend payout ratio (also known as D.P.R.) for Triton International is now at 25.07%.

There have been multiple analyst reports that have addressed TRTN. On March 16th, StockNews.com published a research note that began the website’s Triton International coverage.

They suggested that the organization make a “purchase” decision.

Triton International shares have been assigned a “market perform” rating by Keefe, Bruyette & Woods and a price objective of $74.00 per share in a research report published on Wednesday, February 15th.

The business in which Triton International Ltd specializes is leasing intermodal freight containers.

It does business through two distinct divisions: equipment leasing and equipment trade.

Equipment Leasing is responsible for the purchase, leasing, re-leasing, and eventual sale of many different kinds of intermodal transportation equipment, with the majority of its focus on intermodal containers.

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