36,337 Shares in Triumph Group, Inc. (TGI) Purchased by OxFORD Asset Management LLP

OxFORD Asset Management LLP acquired a new stake in shares of Triumph Group, Inc. (NYSE:TGI) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 36,337 shares of the aerospace company’s stock, valued at approximately $1,148,000. OxFORD Asset Management LLP owned approximately 0.07% of Triumph Group as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TGI. Riverhead Capital Management LLC lifted its position in shares of Triumph Group by 56.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,763 shares of the aerospace company’s stock valued at $119,000 after buying an additional 1,363 shares in the last quarter. Thompson Siegel & Walmsley LLC purchased a new position in shares of Triumph Group during the 2nd quarter valued at about $149,000. FNY Managed Accounts LLC purchased a new position in shares of Triumph Group during the 1st quarter valued at about $154,000. Sei Investments Co. lifted its position in shares of Triumph Group by 51.6% during the 2nd quarter. Sei Investments Co. now owns 5,279 shares of the aerospace company’s stock valued at $167,000 after buying an additional 1,796 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new position in shares of Triumph Group during the 2nd quarter valued at about $171,000. 99.75% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “36,337 Shares in Triumph Group, Inc. (TGI) Purchased by OxFORD Asset Management LLP” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/2957108/36337-shares-in-triumph-group-inc-tgi-purchased-by-oxford-asset-management-llp.html.

Triumph Group (NYSE:TGI) last issued its quarterly earnings results on Wednesday, July 26th. The aerospace company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.63). The business had revenue of $781.70 million for the quarter, compared to analysts’ expectations of $804.26 million. Triumph Group had a positive return on equity of 28.96% and a negative net margin of 1.89%. The business’s revenue for the quarter was down 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.04 EPS.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.49%. Triumph Group’s dividend payout ratio is currently -12.12%.

TGI has been the topic of a number of analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating and set a $33.00 price objective on shares of Triumph Group in a research report on Friday, July 28th. Robert W. Baird reaffirmed a “buy” rating and set a $34.00 price objective on shares of Triumph Group in a research report on Friday, September 8th. TheStreet raised Triumph Group from a “d+” rating to a “c-” rating in a research report on Wednesday, July 26th. ValuEngine cut Triumph Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Jefferies Group LLC cut Triumph Group from a “buy” rating to a “hold” rating and set a $37.00 price objective on the stock. in a research report on Monday, July 24th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $30.00.

About Triumph Group

Institutional Ownership by Quarter for Triumph Group (NYSE:TGI)

Receive News & Ratings for Triumph Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triumph Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.