Triumph Group, Inc. (NYSE:TGI) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. trimmed its position in Triumph Group, Inc. (NYSE:TGI - Free Report) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 334,511 shares of the aerospace company's stock after selling 19,287 shares during the period. Dana Investment Advisors Inc. owned about 0.43% of Triumph Group worth $6,242,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC raised its position in shares of Triumph Group by 1,189.0% in the third quarter. International Assets Investment Management LLC now owns 10,312 shares of the aerospace company's stock valued at $133,000 after buying an additional 9,512 shares during the last quarter. Centiva Capital LP acquired a new position in Triumph Group in the 3rd quarter valued at $255,000. Cornerstone Wealth Management LLC raised its holdings in Triumph Group by 3.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 15,964 shares of the aerospace company's stock valued at $298,000 after acquiring an additional 580 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in shares of Triumph Group by 14.1% during the third quarter. GSA Capital Partners LLP now owns 26,374 shares of the aerospace company's stock worth $340,000 after purchasing an additional 3,253 shares during the last quarter. Finally, Intech Investment Management LLC boosted its holdings in shares of Triumph Group by 61.2% during the third quarter. Intech Investment Management LLC now owns 34,152 shares of the aerospace company's stock worth $440,000 after purchasing an additional 12,965 shares during the last quarter. 94.53% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

TGI has been the subject of several analyst reports. Baird R W lowered Triumph Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Barclays downgraded shares of Triumph Group from an "overweight" rating to an "equal weight" rating and upped their price objective for the company from $21.00 to $26.00 in a research note on Thursday, February 6th. Truist Financial raised their target price on shares of Triumph Group from $19.00 to $26.00 and gave the stock a "hold" rating in a research report on Tuesday, February 4th. Robert W. Baird reaffirmed a "neutral" rating and set a $26.00 price target (up previously from $20.00) on shares of Triumph Group in a research report on Tuesday, February 4th. Finally, TD Cowen raised shares of Triumph Group to a "hold" rating in a research note on Thursday, December 19th. Two research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $18.78.

Triumph Group Stock Performance

Triumph Group stock traded down $0.09 during trading on Monday, reaching $25.26. 1,546,246 shares of the company's stock were exchanged, compared to its average volume of 984,228. Triumph Group, Inc. has a 52-week low of $11.01 and a 52-week high of $25.45. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 3.51 and a beta of 2.53. The company's 50-day moving average is $22.03 and its two-hundred day moving average is $17.88.

Triumph Group (NYSE:TGI - Get Free Report) last issued its earnings results on Monday, February 10th. The aerospace company reported $0.27 earnings per share 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%. Analysts anticipate that Triumph Group, Inc. will post 0.68 EPS for the current year.

Triumph Group Company 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.