State Board of Administration of Florida Retirement System cut its position in shares of Triton International Ltd (NYSE:TAL) by 0.0% during the second quarter, Holdings Channel reports. The firm owned 26,103 shares of the company’s stock after selling 3 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Triton International were worth $350,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of TAL. Wedbush Securities Inc. raised its stake in Triton International by 23.7% in the second quarter. Wedbush Securities Inc. now owns 107,126 shares of the company’s stock worth $1,437,000 after buying an additional 20,496 shares during the period. DUPONT CAPITAL MANAGEMENT Corp bought a new stake in Triton International during the second quarter worth about $265,000. Bank of New York Mellon Corp raised its stake in Triton International by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 569,667 shares of the company’s stock worth $7,639,000 after buying an additional 35,931 shares during the period. ClariVest Asset Management LLC bought a new stake in Triton International during the second quarter worth about $119,000. Finally, Prospera Financial Services Inc raised its stake in Triton International by 35.7% in the second quarter. Prospera Financial Services Inc now owns 53,167 shares of the company’s stock worth $713,000 after buying an additional 14,000 shares during the period.
Shares of Triton International Ltd (NYSE:TAL) remained flat at $15.28 on Wednesday. The firm has a 50-day moving average price of $14.11 and a 200 day moving average price of $13.50. Triton International Ltd has a 1-year low of $8.15 and a 1-year high of $31.20.
Separately, Zacks Investment Research upgraded Triton International from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 30th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $15.20.
About Triton International
Triton International Limited is a lessor of intermodal freight containers. The Company, through its subsidiaries, focuses on leasing intermodal transportation equipment, primarily maritime containers. The Company also provides maritime container management services through an across the world network of offices, third-party depots and other facilities.