The Textainer Group Holdings Limited (TGH) Earns Hold Rating from Keefe, Bruyette & Woods

The Textainer Group Holdings Limited (TGH) Earns Hold Rating from Keefe, Bruyette & Woods

Several other brokerages also recently weighed in on TGH. Zacks Investment Research upgraded shares of Textainer Group Holdings Limited from a strong sell rating to a hold rating in a research note on Thursday, April 27th. SunTrust Banks, Inc. increased their target price on shares of Textainer Group Holdings Limited from $9.50 to $16.00 and gave the stock a buy rating in a research note on Wednesday, January 25th. Finally, Cowen and Company upgraded shares of Textainer Group Holdings Limited from a market perform rating to an outperform rating and set a $15.00 target price for the company in a research note on Monday, January 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $18.67.

Keefe, Bruyette & Woods reissued their hold rating on shares of Textainer Group Holdings Limited (NYSE:TGH) in a research report report published on Friday morning.

A number of hedge funds and other institutional investors have recently bought and sold shares of TGH. American International Group Inc. boosted its position in Textainer Group Holdings Limited by 7.1% in the first quarter. American International Group Inc. now owns 13,970 shares of the transportation company’s stock valued at $214,000 after buying an additional 926 shares in the last quarter. GHP Investment Advisors Inc. boosted its position in Textainer Group Holdings Limited by 23.0% in the first quarter. GHP Investment Advisors Inc. now owns 19,579 shares of the transportation company’s stock valued at $300,000 after buying an additional 3,665 shares in the last quarter. Prudential Financial Inc. boosted its position in Textainer Group Holdings Limited by 5.9% in the third quarter. Prudential Financial Inc. now owns 111,620 shares of the transportation company’s stock valued at $836,000 after buying an additional 6,190 shares in the last quarter. Allianz Asset Management AG boosted its position in Textainer Group Holdings Limited by 10.0% in the fourth quarter. Allianz Asset Management AG now owns 79,594 shares of the transportation company’s stock valued at $593,000 after buying an additional 7,259 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in Textainer Group Holdings Limited during the first quarter valued at about $213,000. 17.42% of the stock is owned by hedge funds and other institutional investors. Textainer Group Holdings Limited Company Profile

Textainer Group Holdings Limited is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owns containers; Container Management, which manages containers on behalf of affiliated and unaffiliated container investors, and provides acquisition, management and disposal services, and total managed containers, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers.

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