Paloma Partners Management Co raised its stake in Triumph Group Inc (NYSE:TGI) by 96.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 21,142 shares of the aerospace company’s stock after purchasing an additional 10,363 shares during the period. Paloma Partners Management Co’s holdings in Triumph Group were worth $575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its holdings in shares of Triumph Group by 35.6% in the 3rd quarter. Sei Investments Co. now owns 7,160 shares of the aerospace company’s stock valued at $214,000 after buying an additional 1,881 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of Triumph Group in the 3rd quarter valued at about $305,000. SG Americas Securities LLC boosted its holdings in shares of Triumph Group by 41.4% in the 3rd quarter. SG Americas Securities LLC now owns 10,559 shares of the aerospace company’s stock valued at $314,000 after buying an additional 3,091 shares during the period. Stone Ridge Asset Management LLC acquired a new position in shares of Triumph Group in the 4th quarter valued at about $344,000. Finally, Fox Run Management L.L.C. acquired a new position in shares of Triumph Group in the 4th quarter valued at about $365,000.

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In other Triumph Group news, Director Joseph Silvestri sold 3,670 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $27.95, for a total transaction of $102,576.50. Following the sale, the director now directly owns 105,408 shares in the company, valued at approximately $2,946,153.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.80% of the stock is currently owned by insiders.

A number of research firms have issued reports on TGI. Royal Bank of Canada reissued an “outperform” rating and set a $37.00 target price on shares of Triumph Group in a research note on Friday, February 2nd. Zacks Investment Research raised shares of Triumph Group from a “sell” rating to a “hold” rating and set a $32.00 target price for the company in a research note on Saturday, January 20th. Finally, TheStreet lowered shares of Triumph Group from a “c-” rating to a “d+” rating in a research note on Wednesday, December 27th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Triumph Group presently has an average rating of “Hold” and a consensus price target of $32.80.

Triumph Group Inc (NYSE TGI) opened at $25.70 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.42 and a current ratio of 1.84. The stock has a market cap of $1,353.56, a PE ratio of 5.91, a price-to-earnings-growth ratio of 0.90 and a beta of 1.69. Triumph Group Inc has a one year low of $19.65 and a one year high of $34.80.

Triumph Group (NYSE:TGI) last posted its earnings results on Thursday, February 1st. The aerospace company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.11. Triumph Group had a negative net margin of 7.68% and a positive return on equity of 27.59%. The firm had revenue of $775.25 million during the quarter, compared to analyst estimates of $769.08 million. During the same period in the previous year, the business posted $1.01 EPS. Triumph Group’s revenue was down 8.2% on a year-over-year basis. equities research analysts predict that Triumph Group Inc will post 2.55 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, February 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.62%. Triumph Group’s dividend payout ratio (DPR) is -3.19%.

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Triumph Group Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aircraft components, accessories, subassemblies and systems. The Company offers a range of products and services to the aerospace industry through three segments: Triumph Aerostructures Group, whose companies are engaged in the design, manufacture, assembly and integration of metallic and composite aerostructures and structural components for the aerospace original equipment manufacturer (OEM) market; Triumph Aerospace Systems Group, whose companies design, engineer and manufacture a range of build-to-print components, assemblies and systems also for the OEM market, and Triumph Aftermarket Services Group, whose companies serve aircraft fleets, such as commercial airlines, the United States military and cargo carriers, through the maintenance, repair and overhaul (MRO) of aircraft components and accessories manufactured by third parties.

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

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