The Teachers Advisors LLC Buys 3,628 Shares of TriMas Corp (TRS)

The Teachers Advisors LLC Buys 3,628 Shares of TriMas Corp (TRS)

Teachers Advisors LLC boosted its position in TriMas Corp (NYSE:TRS) by 5.0% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 76,580 shares of the industrial products company’s stock after buying an additional 3,628 shares during the period. Teachers Advisors LLC owned about 0.17% of TriMas Corp worth $1,800,000 at the end of the most recent reporting period.

Shares of TriMas Corp (TRS) opened at 22.45 on Monday. The company’s market capitalization is $1.03 billion. The stock has a 50 day moving average price of $22.10 and a 200-day moving average price of $21.98. TriMas Corp has a 52 week low of $16.30 and a 52 week high of $24.25. TriMas Corp (NYSE:TRS) last posted its quarterly earnings data on Thursday, April 27th. The industrial products company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The business had revenue of $199.80 million during the quarter, compared to analysts’ expectations of $200.40 million. During the same period in the prior year, the firm posted $0.27 EPS. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities research analysts expect that TriMas Corp will post $1.40 EPS for the current year.

A number of equities analysts recently issued reports on the stock. Roth Capital set a $23.00 target price on shares of TriMas Corp and gave the stock a “hold” rating in a research report on Wednesday, March 1st. Jefferies Group LLC reissued a “hold” rating and issued a $22.00 price target (up previously from $18.00) on shares of TriMas Corp in a report on Monday, March 27th. Finally, ValuEngine raised shares of TriMas Corp from a “hold” rating to a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $23.00. In other news, CFO Robert J. Zalupski sold 5,000 shares of the company’s stock in a transaction on Monday, March 13th. The stock was sold at an average price of $21.10, for a total transaction of $105,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert J. Zalupski sold 2,200 shares of the company’s stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $22.00, for a total value of $48,400.00. The disclosure for this sale can be found here. Insiders have sold a total of 11,676 shares of company stock worth $248,301 in the last ninety days.

About TriMas Corp TriMas Corporation is a designer, manufacturer and distributor of engineered products for commercial, industrial and consumer markets. The Company operates through four segments: Packaging, Aerospace, Energy and Engineered Components. The Packaging segment is a designer, manufacturer and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TRS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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