November 30, 2016 - By Linda Rogers · 0 Comments
Triumph Group Inc (NYSE:TGI) institutional sentiment decreased to 1.08 in 2016 Q2. Its down -0.09, from 1.17 in 2016Q1. The ratio dropped, as 109 active investment managers increased or started new stock positions, while 93 sold and trimmed stock positions in Triumph Group Inc. The active investment managers in our partner’s database now have: 45.95 million shares, up from 43.84 million shares in 2016Q1. Also, the number of active investment managers holding Triumph Group Inc in their top 10 stock positions increased from 2 to 4 for an increase of 2. Sold All: 26 Reduced: 67 Increased: 73 New Position: 36.
Triumph Group, Inc. designs, engineers, makes, repairs, overhauls and distributes a portfolio of aircraft components, accessories, subassemblies and systems. The company has a market cap of $1.34 billion.
About 311,274 shares traded hands. Triumph Group Inc (NYSE:TGI) has declined 26.29% since April 27, 2016 and is downtrending. It has underperformed by 31.51% the S&P500.
Analysts await Triumph Group Inc (NYSE:TGI) to report earnings on January, 26. They expect $1.26 earnings per share, down 9.35% or $0.13 from last year’s $1.39 per share. TGI’s profit will be $61.17M for 5.48 P/E if the $1.26 EPS becomes a reality. After $1.00 actual earnings per share reported by Triumph Group Inc for the previous quarter, Wall Street now forecasts 26.00% EPS growth.
According to Zacks Investment Research, “Triumph Group Inc. designs, engineers, manufactures, repairs and overhauls aircraft components. The company serves a broad, worldwide spectrum of the aviation industry, including commercial airlines and air cargo carriers, as well as original equipment manufacturers of aircraft and aircraft components. The company also distributes, processes and fabricates metal products.”
Dsam Partners (London) Ltd holds 4.82% of its portfolio in Triumph Group Inc for 445,142 shares. Snow Capital Management Lp owns 2.14 million shares or 3.57% of their US portfolio. Moreover, Mcclain Value Management Llc has 3.24% invested in the company for 107,107 shares. The Arkansas-based Lathrop Investment Management Corp has invested 2.59% in the stock. Shellback Capital Lp, a Massachusetts-based fund reported 506,805 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 3 insider buys, and 0 sales for $1.58 million net activity.
Ratings analysis reveals 42% of Triumph Group’s analysts are positive. Out of 12 Wall Street analysts rating Triumph Group, 5 give it “Buy”, 2 “Sell” rating, while 5 recommend “Hold”. The lowest target is $24 while the high is $75. The stock’s average target of $42.50 is 53.99% above today’s ($27.6) share price. TGI was included in 23 notes of analysts from July 30, 2015. RBC Capital Markets maintained it with “Outperform” rating and $75 target price in Thursday, July 30 report. On Friday, January 29 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Buy” rating given on Monday, June 13 by Deutsche Bank. The firm earned “Outperform” rating on Tuesday, October 13 by RBC Capital Markets. Sterne Agee CRT maintained it with “Buy” rating and $42 target price in Friday, October 2 report. The firm has “Buy” rating by Bank of America given on Monday, February 22. The stock of Triumph Group Inc (NYSE:TGI) earned “Underperform” rating by Robert W. Baird on Thursday, October 6. The rating was downgraded by Deutsche Bank on Tuesday, November 15 to “Hold”. The stock has “Neutral” rating given by Goldman Sachs on Monday, May 9.
Triumph Group, Inc. (Triumph), incorporated on March 11, 1993, designs, engineers, makes, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The Firm serves a spectrum of the aviation industry, including original equipment manufacturers (OEMs) of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. The Firm offers a range of services and products to the aerospace industry through three divisions: Triumph Aerostructures Group, whose companies are engaged in the design, manufacture, assembly and integration of metallic and composite aerostructures and structural components for the aerospace OEM market; Triumph Aerospace Systems Group, whose companies design, engineer and manufacture a range of build-to-print components, assemblies and systems also for the OEM market, and Triumph Aftermarket Services Group, whose companies serve aircraft fleets, such as commercial airlines, the United States military and cargo carriers, through the maintenance, repair and overhaul (MRO) of aircraft components and accessories manufactured by third parties.
More notable recent Triumph Group Inc (NYSE:TGI) news were published by: Businesswire.com which released: “Triumph Group Declares Quarterly Dividend” on November 21, 2016, also Fool.com with their article: “Is Triumph Group, Inc. Stock a Buy Right Now?” published on March 29, 2016, Fool.com published: “The 3 Biggest Challenges Facing Triumph Group, Inc. Stock” on March 16, 2016. More interesting news about Triumph Group Inc (NYSE:TGI) were released by: Nasdaq.com and their article: “Triumph Group Inc (TGI) President & CEO Daniel J Crowley Bought $â€“.’ million …” published on November 10, 2016 as well as Moodys.com‘s news article titled: “Moody’s downgrades Triumph Group, Inc. ratings: CFR to Ba3, outlook is negative” with publication date: October 17, 2016.
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By Linda Rogers