Shares of Textainer Group Holdings Limited (NYSE:TGH) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $18.50.

TGH has been the subject of several analyst reports. Zacks Investment Research raised shares of Textainer Group Holdings Limited from a “strong sell” rating to a “hold” rating in a report on Thursday, April 27th. Cowen and Company reduced their target price on shares of Textainer Group Holdings Limited from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Monday, May 15th. ValuEngine raised shares of Textainer Group Holdings Limited from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Textainer Group Holdings Limited in a report on Friday, May 5th. Finally, BidaskClub raised shares of Textainer Group Holdings Limited from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st.

Textainer Group Holdings Limited (NYSE:TGH) opened at 16.70 on Tuesday. Textainer Group Holdings Limited has a 52-week low of $6.90 and a 52-week high of $17.60. The stock has a 50 day moving average of $14.44 and a 200-day moving average of $13.89. The company’s market capitalization is $948.46 million.

A number of hedge funds and other institutional investors have recently bought and sold shares of TGH. Fox Run Management L.L.C. acquired a new position in Textainer Group Holdings Limited during the first quarter valued at $213,000. American International Group Inc. increased 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 during the last quarter. Metropolitan Life Insurance Co. NY acquired a new position in Textainer Group Holdings Limited during the first quarter valued at $255,000. GHP Investment Advisors Inc. increased 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 during the last quarter. Finally, Alliancebernstein L.P. increased its position in Textainer Group Holdings Limited by 14.9% in the first quarter. Alliancebernstein L.P. now owns 21,600 shares of the transportation company’s stock valued at $330,000 after buying an additional 2,800 shares during the last quarter. Institutional investors and hedge funds own 21.59% of the company’s stock.

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About Textainer Group Holdings Limited

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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