Rhumbline Advisers lifted its stake in shares of Triumph Group Inc (NYSE:TGI) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,649 shares of the aerospace company’s stock after acquiring an additional 2,814 shares during the quarter. Rhumbline Advisers owned approximately 0.21% of Triumph Group worth $3,113,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TGI. Riverhead Capital Management LLC increased its position in shares of Triumph Group by 56.8% during the second quarter. Riverhead Capital Management LLC now owns 3,763 shares of the aerospace company’s stock worth $119,000 after acquiring an additional 1,363 shares during the period. Thompson Siegel & Walmsley LLC purchased a new position in shares of Triumph Group during the second quarter worth approximately $149,000. Sei Investments Co. increased its position in shares of Triumph Group by 51.6% during the second quarter. Sei Investments Co. now owns 5,279 shares of the aerospace company’s stock worth $167,000 after acquiring an additional 1,796 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Triumph Group during the second quarter worth approximately $171,000. Finally, Tower Research Capital LLC TRC purchased a new position in shares of Triumph Group during the second quarter worth approximately $201,000. 99.77% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on TGI shares. Jefferies Group reaffirmed a “hold” rating and set a $30.00 target price on shares of Triumph Group in a research report on Friday, September 29th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $33.00 target price on shares of Triumph Group in a research report on Friday, September 1st. Bank of America reaffirmed an “underperform” rating and set a $27.00 target price (down from $30.00) on shares of Triumph Group in a research report on Saturday, August 26th. Robert W. Baird reaffirmed a “buy” rating and set a $34.00 target price on shares of Triumph Group in a research report on Friday, September 8th. Finally, BidaskClub lowered shares of Triumph Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $33.11.

In other Triumph Group news, Director Joseph Silvestri sold 34,162 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $30.31, for a total value of $1,035,450.22. Following the completion of the sale, the director now directly owns 109,078 shares in the company, valued at $3,306,154.18. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Daniel J. Crowley sold 78,900 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $31.35, for a total transaction of $2,473,515.00. The disclosure for this sale can be found here. Company insiders own 2.80% of the company’s stock.

Shares of Triumph Group Inc (NYSE TGI) traded up $0.05 during mid-day trading on Friday, reaching $26.70. 563,636 shares of the company traded hands, compared to its average volume of 442,605. The stock has a market capitalization of $1,323.09, a price-to-earnings ratio of 5.48, a price-to-earnings-growth ratio of 0.65 and a beta of 1.76. The company has a current ratio of 1.87, a quick ratio of 0.42 and a debt-to-equity ratio of 1.65. Triumph Group Inc has a 12 month low of $19.65 and a 12 month high of $34.80.

Triumph Group (NYSE:TGI) last issued its quarterly earnings data on Wednesday, November 8th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.20. The company had revenue of $745.16 million for the quarter, compared to analyst estimates of $787.90 million. Triumph Group had a negative net margin of 3.18% and a positive return on equity of 27.18%. Triumph Group’s revenue was down 14.8% compared to the same quarter last year. During the same period last year, the company posted $1.00 earnings per share. analysts anticipate that Triumph Group Inc will post 2.48 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Thursday, November 30th. Triumph Group’s payout ratio is -7.51%.

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Triumph Group Company Profile

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Institutional Ownership by Quarter for Triumph Group (NYSE:TGI)

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