Textainer Group Holdings Limited (TGH) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP grew its stake in shares of Textainer Group Holdings Limited (NYSE:TGH) by 112.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,000 shares of the transportation company’s stock after purchasing an additional 37,600 shares during the period. Two Sigma Advisers LP’s holdings in Textainer Group were worth $1,527,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Deutsche Bank AG boosted its position in shares of Textainer Group by 134.7% during the 4th quarter. Deutsche Bank AG now owns 99,128 shares of the transportation company’s stock worth $2,130,000 after purchasing an additional 56,900 shares in the last quarter. Clearbridge LLC boosted its position in shares of Textainer Group by 9.8% in the 4th quarter. Clearbridge LLC now owns 654,529 shares of the transportation company’s stock worth $14,072,000 after buying an additional 58,640 shares in the last quarter. Bogle Investment Management L P DE purchased a new stake in shares of Textainer Group in the 4th quarter worth about $2,446,000. Ascend Capital LLC purchased a new stake in shares of Textainer Group in the 4th quarter worth about $726,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Textainer Group in the 4th quarter worth about $2,279,000. Institutional investors own 26.96% of the company’s stock.

Several research firms recently commented on TGH. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $21.00 price objective on shares of Textainer Group in a research report on Friday, February 16th. TheStreet lowered shares of Textainer Group from a “c-” rating to a “d+” rating in a research report on Tuesday, February 20th. Finally, Zacks Investment Research upgraded shares of Textainer Group from a “hold” rating to a “strong-buy” rating and set a $27.00 price objective on the stock in a research report on Saturday, January 20th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $24.20.



Textainer Group stock opened at $16.75 on Thursday. Textainer Group Holdings Limited has a 52 week low of $9.60 and a 52 week high of $26.50. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $950.67, a P/E ratio of 40.85 and a beta of 2.50.

Textainer Group (NYSE:TGH) last released its quarterly earnings data on Thursday, February 15th. The transportation company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.19 by $0.07. Textainer Group had a net margin of 3.95% and a return on equity of 1.95%. The business had revenue of $129.30 million for the quarter, compared to analyst estimates of $127.91 million. During the same period in the previous year, the firm earned ($0.24) EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. analysts forecast that Textainer Group Holdings Limited will post 1.4 EPS for the current fiscal year.

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Textainer Group 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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Institutional Ownership by Quarter for Textainer Group (NYSE:TGH)

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