2 days Ago By ABMN Staff
Geode Capital Management LLC reduced its stake in shares of Triumph Group, Inc. ( NYSE:TGI – Free Report ) by 0.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The firm owned 1,723,450 shares of the aerospace company’s stock after selling 9,341 shares during the period. Geode Capital Management LLC’s holdings in Triumph Group were worth $32,167,000 at the end of the most recent reporting period. Several other large investors also recently modified their holdings of the stock.
Assenagon Asset Management S.A. boosted 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 worth $43,259,000 after acquiring an additional 1,286,568 shares during the period. Barclays PLC boosted its stake in shares of Triumph Group by 155.8% during the third quarter.
Barclays PLC now owns 148,530 shares of the aerospace company’s stock valued at $1,915,000 after purchasing an additional 90,456 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Triumph Group in the fourth quarter valued at about $1,095,000.
JPMorgan Chase & Co. grew its position in shares of Triumph Group by 1,207.4% in the 3rd quarter.
JPMorgan Chase & Co. now owns 538,904 shares of the aerospace company’s stock worth $6,946,000 after buying an additional 497,684 shares during the last quarter. Finally, American Century Companies Inc.
bought a new position in Triumph Group in the 4th quarter worth $30,845,000. Hedge funds and other institutional investors own 94.53% of the company’s stock.
Insider Activity at Triumph Group In other Triumph Group news, CAO Jennifer H. Allen sold 35,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $25.
32, for a total transaction of $886,200.00. Following the sale, the chief accounting officer now owns 51,696 shares of the company’s stock, valued at approximately $1,308,942.
72. This trade represents a 40.37 % decrease in their position.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . 2.31% of the stock is owned by company insiders.
Wall Street Analyst Weigh In View Our Latest Research Report on Triumph Group Triumph Group Price Performance Shares of TGI stock opened at $24.85 on Thursday. Triumph Group, Inc.
has a 1 year low of $11.01 and a 1 year high of $25.55.
The company has a market cap of $1.92 billion, a PE ratio of 3.45 and a beta of 2.
13. The stock’s 50 day simple moving average is $25.23 and its two-hundred day simple moving average is $20.
23. Triumph Group ( NYSE:TGI – Get Free Report ) last issued its quarterly earnings results on Monday, February 10th. The aerospace company reported $0.
27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03.
Triumph Group had a negative return on equity of 55.18% and a net margin of 45.08%.
Equities research analysts expect that Triumph Group, Inc. will post 0.68 EPS for the current year.
Triumph Group Company Profile ( Free Report ) 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.
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