Keeley Teton Advisors LLC Has $2 Million Stake in Triumph Group, Inc. (NYSE:TGI)

Keeley Teton Advisors LLC raised its stake in shares of Triumph Group, Inc. (NYSE:TGI) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,877 shares of the aerospace company’s stock after buying an additional 721 shares during the quarter. Keeley Teton Advisors LLC owned about 0.16% of Triumph Group worth $2,004,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TGI. Vanguard Group Inc. grew its stake in Triumph Group by 20.1% in the third quarter. Vanguard Group Inc. now owns 6,910,979 shares of the aerospace company’s stock valued at $52,938,000 after acquiring an additional 1,155,919 shares during the period. Norges Bank bought a new stake in Triumph Group during the 4th quarter worth approximately $12,720,000. Maple Rock Capital Partners Inc. raised its holdings in Triumph Group by 29.5% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 2,667,178 shares of the aerospace company’s stock worth $20,431,000 after buying an additional 606,989 shares during the period. Hsbc Holdings PLC lifted its stake in Triumph Group by 410.6% in the third quarter. Hsbc Holdings PLC now owns 679,805 shares of the aerospace company’s stock valued at $5,255,000 after buying an additional 546,664 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Triumph Group by 182.0% during the 4th quarter. BNP Paribas Financial Markets now owns 465,334 shares of the aerospace company’s stock worth $7,715,000 after purchasing an additional 300,295 shares in the last quarter. 94.53% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Triumph Group news, Director Neal J. Keating acquired 10,000 shares of the business’s stock in a transaction on Tuesday, June 4th. The stock was purchased at an average price of $14.13 per share, with a total value of $141,300.00. Following the acquisition, the director now directly owns 68,987 shares of the company’s stock, valued at approximately $974,786.31. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.40% of the company’s stock.

Triumph Group Trading Up 7.8 %

NYSE:TGI traded up $1.09 on Wednesday, hitting $15.15. The company’s stock had a trading volume of 1,260,385 shares, compared to its average volume of 805,132. Triumph Group, Inc. has a one year low of $7.00 and a one year high of $17.27. The stock has a fifty day moving average of $14.05 and a two-hundred day moving average of $14.13. The firm has a market capitalization of $1.16 billion, a P/E ratio of 2.29, a price-to-earnings-growth ratio of 16.79 and a beta of 2.53.

Triumph Group (NYSE:TGI) last released its quarterly earnings data on Thursday, May 23rd. The aerospace company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.19. The firm had revenue of $358.60 million during the quarter, compared to analysts’ expectations of $341.95 million. Triumph Group had a net margin of 39.09% and a negative return on equity of 0.78%. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 earnings per share. As a group, sell-side analysts anticipate that Triumph Group, Inc. will post 0.51 EPS for the current year.

Analysts Set New Price Targets

TGI has been the subject of several recent research reports. Barclays reduced their price objective on Triumph Group from $20.00 to $18.00 and set an “overweight” rating for the company in a research report on Wednesday, May 29th. Wolfe Research raised shares of Triumph Group from a “peer perform” rating to an “outperform” rating and set a $18.00 price objective on the stock in a research report on Thursday, March 28th. TD Cowen reiterated a “hold” rating and issued a $14.00 price target (down from $19.50) on shares of Triumph Group in a research note on Tuesday, May 28th. JPMorgan Chase & Co. upgraded shares of Triumph Group from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $13.00 to $17.00 in a research note on Monday, April 15th. Finally, The Goldman Sachs Group lifted their target price on Triumph Group from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Triumph Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.75.

Triumph Group Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, 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, exhaust nozzles and ducting, 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.