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TriMas (NASDAQ:TRS - Get Rating) released its quarterly earnings data on Thursday. The industrial products company reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.04), Briefing.com reports. The company had revenue of $203.31 million for the quarter, compared to analysts' expectations of $211.65 million. TriMas had a return on equity of 11.55% and a net margin of 6.76%. The firm's quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.56 EPS. TriMas Trading Down 2.7 %

→ Bank Accounts: Frozen! (From Weiss Ratings)

Shares of NASDAQ:TRS traded down $0.79 during trading on Friday, reaching $28.74. The stock had a trading volume of 95,372 shares, compared to its average volume of 116,105. The business has a fifty day moving average price of $29.40 and a 200-day moving average price of $27.82. The company has a quick ratio of 1.53, a current ratio of 2.63 and a debt-to-equity ratio of 0.62. The stock has a market cap of $1.21 billion, a P/E ratio of 20.31 and a beta of 0.72. TriMas has a fifty-two week low of $21.41 and a fifty-two week high of $33.69. TriMas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 9th. Stockholders of record on Thursday, March 2nd will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend is Wednesday, March 1st. TriMas's dividend payout ratio is presently 11.27%. Analyst Ratings Changes

TRS has been the subject of a number of research reports. TheStreet upgraded shares of TriMas from a "c+" rating to a "b-" rating in a research report on Tuesday, February 14th. William Blair cut shares of TriMas from an "outperform" rating to a "market perform" rating in a research report on Friday, October 28th.Hedge Funds Weigh In On TriMas

Institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its holdings in TriMas by 4.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,138 shares of the industrial products company's stock valued at $420,000 after purchasing an additional 616 shares during the period. Credit Suisse AG grew its holdings in TriMas by 3.9% in the fourth quarter. Credit Suisse AG now owns 33,871 shares of the industrial products company's stock valued at $940,000 after purchasing an additional 1,260 shares during the period. UBS Group AG grew its holdings in TriMas by 80.9% in the third quarter. UBS Group AG now owns 3,614 shares of the industrial products company's stock valued at $91,000 after purchasing an additional 1,616 shares during the period. Sei Investments Co. grew its holdings in TriMas by 1.0% in the first quarter. Sei Investments Co. now owns 175,437 shares of the industrial products company's stock valued at $5,630,000 after purchasing an additional 1,704 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in TriMas by 182.2% in the first quarter. PNC Financial Services Group Inc. now owns 2,912 shares of the industrial products company's stock valued at $94,000 after purchasing an additional 1,880 shares during the period. Institutional investors and hedge funds own 99.94% of the company's stock. About TriMas (Get Rating)

TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following segments: Packaging, Aerospace, and Specialty Products. The Packaging segment designs and manufactures dispensing products, including foaming pumps, lotion and hand soap pumps, sanitizer pumps, beverage dispensers, perfume sprayers, nasal sprayers and trigger sprayers, polymeric and steel caps and closures, including food lids, flip-top closures, child resistant caps, drum and pail closures, and flexible spouts, polymeric jar products, and fully integrated dispensers for fill-ready bag-in-box applications, all for a variety of consumer product markets including, but not limited to, beauty and personal care, home care, food and beverage, and pharmaceutical and nutraceutical, as well as the industrial market.Featured StoriesGet a free copy of the StockNews.com research report on TriMas (TRS)Carvana Skidding On Revenue Decrease, Heavy Debt BurdenWhat Are Consumer Staples Stocks?Is Rocky Brands Dividend A Good Fit For Your Portfolio? Beyond Meat Stock Is Not Beyond Hope Analysts Holding As Pfizer Waits On Two Phase 3 Studies

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