2 weeks Ago By ABMN Staff
American Century Companies Inc. increased its position in shares of TriMas Co. ( NASDAQ:TRS – Free Report ) by 12.
5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,505 shares of the industrial products company’s stock after acquiring an additional 7,304 shares during the period. American Century Companies Inc.
owned approximately 0.16% of TriMas worth $1,674,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently bought and sold shares of TRS.
Norges Bank acquired a new stake in shares of TriMas in the fourth quarter worth $6,767,000. Quadrature Capital Ltd acquired a new stake in shares of TriMas in the fourth quarter valued at about $1,102,000. Fiduciary Management Inc.
WI increased its position in TriMas by 4.3% in the 4th quarter. Fiduciary Management Inc.
WI now owns 3,106,943 shares of the industrial products company’s stock worth $78,699,000 after buying an additional 129,477 shares during the period. Nebula Research & Development LLC acquired a new position in TriMas during the 4th quarter valued at $675,000. Finally, Orchard Capital Management LLC increased its stake in TriMas by 5.
6% during the fourth quarter. Orchard Capital Management LLC now owns 413,128 shares of the industrial products company’s stock valued at $10,465,000 after acquiring an additional 21,774 shares during the period. 99.
42% of the stock is currently owned by institutional investors. TriMas Stock Performance NASDAQ:TRS opened at $25.56 on Monday.
The stock has a market capitalization of $1.04 billion, a P/E ratio of 26.35 and a beta of 0.
68. TriMas Co. has a 1 year low of $22.
45 and a 1 year high of $27.89. The firm has a 50 day moving average of $24.
91 and a 200-day moving average of $25.69. The company has a current ratio of 2.
82, a quick ratio of 1.48 and a debt-to-equity ratio of 0.63.
TriMas Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Tuesday, August 6th were issued a $0.04 dividend.
The ex-dividend date of this dividend was Tuesday, August 6th. This represents a $0.16 annualized dividend and a yield of 0.
63%. TriMas’s dividend payout ratio (DPR) is presently 16.49%.
Analyst Upgrades and Downgrades Separately, BWS Financial reissued a “buy” rating and issued a $40.00 price target on shares of TriMas in a report on Wednesday, July 31st. Get Our Latest Stock Report on TRS TriMas Company Profile ( Free Report ) TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide.
The company operates through Packaging, Aerospace, and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands. Read More Want to see what other hedge funds are holding TRS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TriMas Co. ( NASDAQ:TRS – Free Report ). Receive News & Ratings for TriMas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriMas and related companies with MarketBeat.
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