Triumph Group INC (TGI) Shareholder Towle & Co Has Raised Its Stake by $6.92 Million

November 21, 2017 - By Marie Mckinney

Investors sentiment increased to 1.2 in 2017 Q2. Its up 0.02, from 1.18 in 2017Q1. It increased, as 28 investors sold TGI shares while 60 reduced holdings. 47 funds opened positions while 59 raised stakes. 46.82 million shares or 0.09% more from 46.77 million shares in 2017Q1 were reported. Principal Finance invested in 377,104 shares. Advisors Asset Management reported 46,702 shares stake. State Of Tennessee Treasury Department invested 0.01% in Triumph Group Inc (NYSE:TGI). Bancorp Of America De accumulated 302,496 shares. Prelude Cap Mgmt Limited holds 0% of its portfolio in Triumph Group Inc (NYSE:TGI) for 1,043 shares. Ameritas Inv Ptnrs invested in 4,259 shares. Snow Mngmt Lp has invested 1.23% in Triumph Group Inc (NYSE:TGI). Tower Rech Limited Liability Co (Trc) reported 6,368 shares or 0.02% of all its holdings. James Invest Rech invested in 0.04% or 41,480 shares. Riverhead Limited Liability Com has 0.01% invested in Triumph Group Inc (NYSE:TGI). Euclidean Mgmt Ltd Llc invested in 2.15% or 70,487 shares. Goldman Sachs Group Incorporated owns 1.04 million shares. Tiaa Cref Invest Mgmt Limited Liability Corp has invested 0.01% in Triumph Group Inc (NYSE:TGI). Systematic Financial Mngmt Lp invested in 57,980 shares or 0.03% of the stock. 8,119 were reported by Engineers Gate Manager Lp.

Towle & Co increased its stake in Triumph Group Inc (TGI) by 24.51% based on its latest 2017Q2 regulatory filing with the SEC. Towle & Co bought 223,282 shares as the company’s stock declined 14.37% while stock markets rallied. The institutional investor held 1.13M shares of the capital goods company at the end of 2017Q2, valued at $35.84M, up from 910,840 at the end of the previous reported quarter. Towle & Co who had been investing in Triumph Group Inc for a number of months, seems to be bullish on the $1.51B market cap company. The stock rose 1.00% or $0.3 reaching $30.4 per share. About 36,579 shares traded. Triumph Group Inc (NYSE:TGI) has declined 35.48% since November 21, 2016 and is downtrending. It has underperformed by 52.18% the S&P500.

More notable recent Triumph Group Inc (NYSE:TGI) news were published by: Businesswire.com which released: “Triumph Group Declares Quarterly Dividend” on September 25, 2017, also Nasdaq.com with their article: “Triumph Group Inc. Q2 Earnings Drop 48%” published on November 08, 2017, Seekingalpha.com published: “Triumph: Turnaround On Track” on November 20, 2017. More interesting news about Triumph Group Inc (NYSE:TGI) were released by: Nasdaq.com and their article: “Triumph Group (TGI) Q2 Earnings Drop Y/Y, Misses On Revenues” published on November 09, 2017 as well as Seekingalpha.com‘s news article titled: “Triumph Group (TGI) Q2 2018 Results – Earnings Call Transcript” with publication date: November 08, 2017.

Triumph Group Inc (NYSE:TGI) Ratings Coverage

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group had 55 analyst reports since July 30, 2015 according to SRatingsIntel. On Wednesday, November 15 the stock rating was maintained by RBC Capital Markets with “Buy”. RBC Capital Markets maintained Triumph Group Inc (NYSE:TGI) rating on Friday, October 6. RBC Capital Markets has “Buy” rating and $33.0 target. RBC Capital Markets maintained Triumph Group Inc (NYSE:TGI) on Friday, January 29 with “Outperform” rating. The firm has “Hold” rating by Canaccord Genuity given on Thursday, November 9. As per Thursday, November 9, the company rating was maintained by Robert W. Baird. The stock of Triumph Group Inc (NYSE:TGI) has “Hold” rating given on Wednesday, July 26 by Cowen & Co. Credit Suisse maintained Triumph Group Inc (NYSE:TGI) on Monday, August 21 with “Outperform” rating. The stock of Triumph Group Inc (NYSE:TGI) earned “Hold” rating by Jefferies on Monday, August 28. The firm earned “Buy” rating on Thursday, September 7 by Robert W. Baird. The firm has “Hold” rating by ValuEngine given on Monday, May 29.

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