© Reuters. ValueAct Holdings reduced its stake in Trinity Industries, Inc.
On March 1, ValueAct Holdings sold 3.9 million Trinity Industries , Inc. (NYSE 🙂 shares priced at $ 124 million at an average price of $ 31.85 per share.
Trinity Industries, Inc. shares are down -10.42% since the transaction.
ValueAct Holdings' stake in Trinity Industries, Inc. was reduced to approximately 23 million shares with the transaction.
ValueAct Holdings first bought shares in Trinity Industries, Inc.
Other investors who have also reduced their shares in Trinity Industries, Inc. include the California State Teachers Retirement System, Financial Engines Advisors, and Harris Associates.
In contrast to ValueAct Holdings, Capital International Inc., Citigroup (NYSE 🙂 and the T. Rowe Price Equity Income Fund added TRN shares, while Fisher Asset Management made new holdings in Trinity Industries, Inc.
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