34,270 Shares in Triumph Group, Inc. (NYSE:TGI) Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC purchased a new stake in shares of Triumph Group, Inc. (NYSE:TGI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 34,270 shares of the aerospace company's stock, valued at approximately $639,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TGI. Nebula Research & Development LLC boosted its stake in shares of Triumph Group by 155.0% in the fourth quarter. Nebula Research & Development LLC now owns 55,465 shares of the aerospace company's stock worth $1,035,000 after acquiring an additional 33,717 shares during the period. Fuller & Thaler Asset Management Inc. bought a new position in Triumph Group in the 4th quarter worth approximately $524,000. MetLife Investment Management LLC grew its holdings in Triumph Group by 9.7% during the 4th quarter. MetLife Investment Management LLC now owns 44,721 shares of the aerospace company's stock valued at $834,000 after buying an additional 3,941 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Triumph Group by 68.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 524,649 shares of the aerospace company's stock worth $9,790,000 after purchasing an additional 212,456 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in Triumph Group by 59.6% during the fourth quarter. First Trust Advisors LP now owns 1,702,245 shares of the aerospace company's stock valued at $31,764,000 after buying an additional 635,568 shares during the last quarter. 94.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Triumph Group

In other Triumph Group news, CAO Jennifer H. Allen sold 35,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $25.32, for a total transaction of $886,200.00. Following the completion of the transaction, the chief accounting officer now owns 51,696 shares of the company's stock, valued at $1,308,942.72. This trade represents a 40.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.31% of the stock is currently owned by insiders.

Triumph Group Trading Up 0.1 %

TGI traded up $0.02 on Wednesday, reaching $25.53. The stock had a trading volume of 88,276 shares, compared to its average volume of 1,227,658. Triumph Group, Inc. has a 12-month low of $11.01 and a 12-month high of $25.58. The company has a market cap of $1.98 billion, a P/E ratio of 3.54 and a beta of 2.34. The business's 50-day moving average price is $25.20 and its two-hundred day moving average price is $21.40.

Triumph Group (NYSE:TGI - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The aerospace company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. Triumph Group had a negative return on equity of 55.18% and a net margin of 45.08%. As a group, analysts predict that Triumph Group, Inc. will post 0.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. 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 upped their target price on Triumph Group from $19.00 to $26.00 and gave the stock a "hold" rating in a report on Tuesday, February 4th. Barclays lowered Triumph Group from an "overweight" rating to an "equal weight" rating and boosted their price target for the stock from $21.00 to $26.00 in a research report on Thursday, February 6th. Robert W. Baird reissued a "neutral" rating and set a $26.00 target price (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 report on Monday, February 10th. One research analyst has rated the stock with a sell rating and ten have issued a hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $20.63.

Triumph Group Profile

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.