River Wealth Advisors LLC reduced its stake in Triumph Group, Inc. (NYSE:TGI) by 16.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,159 shares of the aerospace company’s stock after selling 1,630 shares during the quarter. River Wealth Advisors LLC’s holdings in Triumph Group were worth $243,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TGI. UBS Asset Management Americas Inc. lifted its position in Triumph Group by 20.2% during the 1st quarter. UBS Asset Management Americas Inc. now owns 41,362 shares of the aerospace company’s stock worth $1,065,000 after buying an additional 6,940 shares in the last quarter. Vanguard Group Inc. lifted its position in Triumph Group by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 5,258,989 shares of the aerospace company’s stock worth $135,419,000 after buying an additional 880,074 shares in the last quarter. Geode Capital Management LLC lifted its position in Triumph Group by 9.7% during the 1st quarter. Geode Capital Management LLC now owns 388,761 shares of the aerospace company’s stock worth $10,009,000 after buying an additional 34,329 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Triumph Group by 6.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,798,799 shares of the aerospace company’s stock worth $46,318,000 after buying an additional 109,471 shares in the last quarter. Finally, BlackRock Inc. lifted its position in Triumph Group by 13,862.7% during the 1st quarter. BlackRock Inc. now owns 7,517,512 shares of the aerospace company’s stock worth $193,578,000 after buying an additional 7,463,672 shares in the last quarter. 99.75% of the stock is currently owned by institutional investors and hedge funds.

TGI has been the topic of several analyst reports. Canaccord Genuity reissued a “hold” rating and set a $34.00 price target on shares of Triumph Group in a research report on Thursday, July 20th. Jefferies Group LLC cut shares of Triumph Group from a “buy” rating to a “hold” rating and set a $37.00 price target on the stock. in a research report on Monday, July 24th. Cowen and Company reissued a “market perform” rating and set a $24.00 price target (down from $32.00) on shares of Triumph Group in a research report on Thursday, July 27th. TheStreet raised shares of Triumph Group from a “d+” rating to a “c-” rating in a research report on Wednesday, July 26th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $33.00 price target on shares of Triumph Group in a research report on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $33.00.

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Triumph Group, Inc. (TGI) traded down $1.75 during trading on Tuesday, hitting $29.65. 610,600 shares of the stock traded hands, compared to its average volume of 804,083. The firm has a market cap of $1,450.00, a price-to-earnings ratio of 6.46, a PEG ratio of 0.78 and a beta of 1.76. Triumph Group, Inc. has a one year low of $19.65 and a one year high of $34.80. The company has a quick ratio of 0.42, a current ratio of 1.87 and a debt-to-equity ratio of 1.65.

Triumph Group (NYSE:TGI) last announced its quarterly earnings results on Wednesday, November 8th. The aerospace company reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.20. Triumph Group had a negative net margin of 3.18% and a positive return on equity of 27.18%. The business had revenue of $745.16 million for the quarter, compared to analyst estimates of $787.90 million. During the same quarter in the prior year, the business earned $1.00 EPS. Triumph Group’s quarterly revenue was down 14.8% on a year-over-year basis. sell-side analysts anticipate that Triumph Group, Inc. will post 2.45 earnings per share for the current fiscal year.

About Triumph Group

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

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