Key Equity Analysts at BMO Capital Reiterated their ‘”Outperform”’ rating for TriMas (NASDAQ:TRS) Shares Today. Their TP is Set to $34

August 9, 2018 - By Mary Kidd

Investors sentiment increased to 1.33 in Q1 2018. Its up 0.41, from 0.92 in 2017Q4. It increased, as 6 investors sold TriMas Corporation shares while 43 reduced holdings. 21 funds opened positions while 44 raised stakes. 44.13 million shares or 0.25% less from 44.24 million shares in 2017Q4 were reported.

Us Bancshares De reported 4,793 shares. The Guernsey-based Bluecrest Cap Management Limited has invested 0.01% in TriMas Corporation (NASDAQ:TRS). Lazard Asset Limited Co owns 254,625 shares. Florida-based Wilen Investment Mngmt has invested 0.29% in TriMas Corporation (NASDAQ:TRS). Fiduciary Wi holds 0.48% of its portfolio in TriMas Corporation (NASDAQ:TRS) for 3.00M shares. Fny Managed Accounts Ltd Com has 141 shares. Wells Fargo Mn owns 44,107 shares. Great West Life Assurance Communication Can invested in 6,790 shares or 0% of the stock. Deutsche Retail Bank Ag holds 0% of its portfolio in TriMas Corporation (NASDAQ:TRS) for 82,650 shares. The New York-based Sg Americas Secs Limited Liability Corporation has invested 0% in TriMas Corporation (NASDAQ:TRS). Geode Capital Management Lc holds 0% or 416,101 shares in its portfolio. Tiaa Cref Mngmt Ltd Co holds 0% in TriMas Corporation (NASDAQ:TRS) or 118,746 shares. Barclays Public Limited owns 0% invested in TriMas Corporation (NASDAQ:TRS) for 11,711 shares. Royal Savings Bank Of Canada has 0.02% invested in TriMas Corporation (NASDAQ:TRS). Moreover, Diamond Hill Management has 0.04% invested in TriMas Corporation (NASDAQ:TRS).

Since April 27, 2018, it had 0 insider buys, and 5 sales for $1.22 million activity. $808,674 worth of TriMas Corporation (NASDAQ:TRS) was sold by Sherbin Joshua A. $54,100 worth of TriMas Corporation (NASDAQ:TRS) shares were sold by Swart Paul.

TriMas (NASDAQ:TRS) Rating Reaffirmed

The financial company has just set a TP of $34 on TriMas (NASDAQ:TRS) shares. This is 9.15 % from the last price. In a research report revealed on 8 August, BMO Capital reaffirmed their “Outperform” rating on shares of TRS.

TriMas Corporation (NASDAQ:TRS) Ratings Coverage

Among 3 analysts covering Trimas Corp (NASDAQ:TRS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Trimas Corp has $34 highest and $27.0 lowest target. $31’s average target is -0.48% below currents $31.15 stock price. Trimas Corp had 4 analyst reports since February 28, 2018 according to SRatingsIntel. BMO Capital Markets maintained TriMas Corporation (NASDAQ:TRS) rating on Wednesday, August 8. BMO Capital Markets has “Outperform” rating and $34 target. The stock of TriMas Corporation (NASDAQ:TRS) earned “Overweight” rating by JP Morgan on Tuesday, March 6. As per Wednesday, February 28, the company rating was maintained by Roth Capital.

The stock decreased 0.64% or $0.2 during the last trading session, reaching $31.15. About 14,754 shares traded. TriMas Corporation (NASDAQ:TRS) has risen 31.95% since August 9, 2017 and is uptrending. It has outperformed by 19.38% the S&P500.

TriMas Corporation designs, manufactures, and distributes engineered products for commercial, industrial, and consumer markets worldwide. The company has market cap of $1.43 billion. It operates through four divisions: Packaging, Aerospace, Energy, and Engineered Components. It has a 29.64 P/E ratio. The Packaging segment offers steel and plastic closure caps, drum enclosures, and specialty plastic closures, as well as dispensing systems, such as foamers, pumps, and specialty sprayers under the Rieke, Arminak & Associates, Englass, Innovative Molding, and Stolz brands to store, transport, process, and dispense various products for industrial, food and beverage, health, beauty, and home markets.

More notable recent TriMas Corporation (NASDAQ:TRS) news were published by: Globenewswire.com which released: “TriMas’ Norris Cylinder Business Receives Favorable Trade Finding” on July 19, 2018, also Streetinsider.com with their article: “TriMas Corp. (TRS) Tops Q2 EPS by 2c” published on August 07, 2018, Seekingalpha.com published: “TriMas reports favorable trade finding” on July 19, 2018. More interesting news about TriMas Corporation (NASDAQ:TRS) were released by: Nasdaq.com and their article: “TriMas Reports Second Quarter 2018 Results” published on August 07, 2018 as well as Streetinsider.com‘s news article titled: “Form 8-K TRIMAS CORP For: Aug 07” with publication date: August 07, 2018.

TriMas Corporation (NASDAQ:TRS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.