WINTON GROUP Ltd Invests $1.03 Million in Triumph Group, Inc. (NYSE:TGI)

WINTON GROUP Ltd bought a new stake in shares of Triumph Group, Inc. (NYSE:TGI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 55,271 shares of the aerospace company’s stock, valued at approximately $1,031,000. WINTON GROUP Ltd owned 0.07% of Triumph Group as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TGI. State Street Corp raised its stake in shares of Triumph Group by 7.8% during the third quarter. State Street Corp now owns 4,447,835 shares of the aerospace company’s stock valued at $57,333,000 after purchasing an additional 322,048 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Triumph Group by 124.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,318,285 shares of the aerospace company’s stock worth $43,259,000 after buying an additional 1,286,568 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Triumph Group by 17.9% in the 4th quarter. Fisher Asset Management LLC now owns 1,829,860 shares of the aerospace company’s stock worth $34,145,000 after acquiring an additional 277,333 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Triumph Group by 8.1% in the third quarter. Geode Capital Management LLC now owns 1,732,791 shares of the aerospace company’s stock valued at $22,340,000 after acquiring an additional 129,391 shares in the last quarter. Finally, American Century Companies Inc. acquired a new position in shares of Triumph Group during the fourth quarter valued at approximately $30,845,000. Institutional investors own 94.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on TGI shares. Barclays lowered Triumph Group from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $21.00 to $26.00 in a report on Thursday, February 6th. Baird R W cut shares of Triumph Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Truist Financial increased their target price on shares of Triumph Group from $19.00 to $26.00 and gave the company a “hold” rating in a research note on Tuesday, February 4th. Robert W. Baird restated a “neutral” rating and issued a $26.00 price target (up previously from $20.00) on shares of Triumph Group in a research report on Tuesday, February 4th. Finally, Wolfe Research downgraded Triumph Group from an “outperform” rating to a “peer perform” rating in a research report on Monday, February 10th. Two research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $18.88.

Insider Buying and Selling

In other Triumph Group news, CAO Jennifer H. Allen sold 35,000 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $25.32, for a total value of $886,200.00. Following the transaction, the chief accounting officer now directly owns 51,696 shares of the company’s stock, valued at $1,308,942.72. This represents a 40.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.31% of the stock is owned by corporate insiders.

Triumph Group Trading Down 0.1 %

Shares of NYSE TGI opened at $25.44 on Friday. Triumph Group, Inc. has a one year low of $11.01 and a one year high of $25.52. The business has a 50-day moving average price of $24.05 and a two-hundred day moving average price of $19.09. The firm has a market capitalization of $1.97 billion, a PE ratio of 3.53 and a beta of 2.53.

Triumph Group (NYSE:TGI) last announced its quarterly earnings data on Monday, February 10th. The aerospace company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Triumph Group had a net margin of 45.08% and a negative return on equity of 55.18%. Research analysts anticipate that Triumph Group, Inc. will post 0.68 EPS for the current year.

About Triumph Group

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aircraft, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Interiors. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, cyber protected process controllers, main engine gearbox assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, primary and secondary flight control systems, and vibration absorbers.