55,271 Shares in Triumph Group, Inc. (NYSE:TGI) Bought by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new stake in Triumph Group, Inc. (NYSE:TGI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 55,271 shares of the aerospace company's stock, valued at approximately $1,031,000. WINTON GROUP Ltd owned approximately 0.07% of Triumph Group as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. increased its holdings in shares of Triumph Group by 124.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 2,318,285 shares of the aerospace company's stock valued at $43,259,000 after purchasing an additional 1,286,568 shares during the last quarter. Barclays PLC increased its stake in shares of Triumph Group by 155.8% in the 3rd quarter. Barclays PLC now owns 148,530 shares of the aerospace company's stock worth $1,915,000 after acquiring an additional 90,456 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Triumph Group by 1,207.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 538,904 shares of the aerospace company's stock worth $6,946,000 after acquiring an additional 497,684 shares during the period. American Century Companies Inc. purchased a new position in shares of Triumph Group during the 4th quarter worth $30,845,000. Finally, Principal Financial Group Inc. boosted its position in shares of Triumph Group by 2.9% during the 4th quarter. Principal Financial Group Inc. now owns 374,896 shares of the aerospace company's stock valued at $6,996,000 after acquiring an additional 10,629 shares during the last quarter. Institutional investors and hedge funds own 94.53% of the company's stock.

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Insider Buying and Selling at Triumph Group

In other news, CAO Jennifer H. Allen sold 35,000 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was 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 directly owns 51,696 shares of the company's stock, valued at approximately $1,308,942.72. The trade was a 40.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.31% of the stock is owned by corporate insiders.

Triumph Group Price Performance

Shares of NYSE TGI traded down $0.17 during midday trading on Thursday, hitting $25.36. The company's stock had a trading volume of 739,644 shares, compared to its average volume of 1,753,926. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 3.52 and a beta of 2.53. The business's fifty day simple moving average is $24.43 and its two-hundred day simple moving average is $19.34. Triumph Group, Inc. has a 1 year low of $11.01 and a 1 year high of $25.55.

Triumph Group (NYSE:TGI - Get Free Report) last posted 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 net margin of 45.08% and a negative return on equity of 55.18%. Analysts anticipate that Triumph Group, Inc. will post 0.68 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on TGI shares. Truist Financial lifted their price target on shares of Triumph Group from $19.00 to $26.00 and gave the company a "hold" rating in a research report on Tuesday, February 4th. Baird R W lowered Triumph Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. StockNews.com began coverage on Triumph Group in a research report on Wednesday. They set a "hold" rating for the company. Barclays lowered shares of Triumph Group from an "overweight" rating to an "equal weight" rating and increased their target price for the stock from $21.00 to $26.00 in a research note on Thursday, February 6th. 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 assigned a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $18.88.

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.