15,898 Shares in Triumph Group, Inc. (NYSE:TGI) Acquired by Capula Management Ltd

Capula Management Ltd acquired a new stake in shares of Triumph Group, Inc. (NYSE:TGI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 15,898 shares of the aerospace company's stock, valued at approximately $297,000.

A number of other hedge funds also recently made changes to their positions in the stock. Invesco Ltd. raised its holdings in shares of Triumph Group by 4.6% during the 4th quarter. Invesco Ltd. now owns 838,571 shares of the aerospace company's stock valued at $15,648,000 after buying an additional 37,253 shares in the last quarter. Federated Hermes Inc. raised its stake in shares of Triumph Group by 2.4% during the fourth quarter. Federated Hermes Inc. now owns 237,275 shares of the aerospace company's stock worth $4,428,000 after acquiring an additional 5,646 shares in the last quarter. Old West Investment Management LLC lifted its holdings in shares of Triumph Group by 5.9% in the 4th quarter. Old West Investment Management LLC now owns 44,942 shares of the aerospace company's stock worth $839,000 after acquiring an additional 2,516 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of Triumph Group in the 4th quarter valued at $2,053,000. Finally, Norges Bank bought a new position in shares of Triumph Group during the 4th quarter valued at $15,945,000. 94.53% of the stock is owned by institutional investors.

Insider Transactions at Triumph Group

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

Triumph Group Stock Performance

TGI stock traded up $0.09 on Friday, reaching $24.66. The company's stock had a trading volume of 1,839,513 shares, compared to its average volume of 1,180,169. The firm has a market cap of $1.91 billion, a PE ratio of 3.43 and a beta of 2.13. The business has a fifty day simple moving average of $25.25 and a two-hundred day simple moving average of $20.08. Triumph Group, Inc. has a 12-month low of $11.01 and a 12-month high of $25.55.

Triumph Group (NYSE:TGI - Get Free Report) last posted its 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 net margin of 45.08% and a negative return on equity of 55.18%. As a group, research analysts anticipate that Triumph Group, Inc. will post 0.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

TGI has been the subject of several recent research reports. StockNews.com started coverage on shares of Triumph Group in a research note on Thursday. They issued a "hold" rating for the company. Wolfe Research cut Triumph Group from an "outperform" rating to a "peer perform" rating in a report on Monday, February 10th. Barclays cut Triumph Group from an "overweight" rating to an "equal weight" rating and lifted their price target for the stock from $21.00 to $26.00 in a research note on Thursday, February 6th. Robert W. Baird reissued a "neutral" rating and set a $26.00 price objective (up previously from $20.00) on shares of Triumph Group in a research note on Tuesday, February 4th. Finally, TD Cowen upgraded shares of Triumph Group to a "hold" rating in a report on Thursday, December 19th. Two investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $18.88.

About Triumph Group

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.