Director of Triton International sells $81,750 in stock
Claude Germain, director of Triton International Ltd sold 1,500 shares of the company’s stock in a transaction on Tuesday, June 1.
Triton leases tank containers, dry freight containers, refrigerated containers, special containers and chassis.
The shares were sold at an average price of $54.50, for a total transaction of $81,750. Following the completion of the transaction, the director now owns 44,983 shares in the company, valued at $2,451,573.50.
Its stock opened at $54.18 on Thursday. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.05 and a quick ratio of 1.05. Triton International last released its quarterly earnings results on Thursday, April 29. The company reported $1.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.70 by $0.21.
Triton had a net margin of 29.45 percent and a return on equity of 20.92 percent on average, equities research analysts anticipate that Triton International Limited will post 8.01 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Allred Capital Management bought a new stake in Triton during the first quarter, worth about $43,000.
Captrust Financial Advisors lifted its position in Triton by 21 percent during the fourth quarter. Captrust Financial Advisors now owns 1,210 shares of the company’s stock worth $59,000 after purchasing an additional 210 shares during the period.
Lazard Asset Management bought a new stake in Triton during the first quarter worth about $70,000. Fieldpoint Private Securities bought a new stake in Triton during the first quarter worth about $77,000.
Finally, Sowell Financial Services bought a new stake in Triton during the first quarter worth about $114,000. 67.59 percent of the stock is owned by institutional investors and hedge funds.
For more information visit www.tritoninternational.com
7th June 2021