Triumph Group Inc. (NYSE:TGI) rose 6.7% during mid-day trading on Friday . The company traded as high as $35.64 and last traded at $35.50, with a volume of 310,670 shares. The stock had previously closed at $33.28.

A number of equities research analysts have commented on the stock. Deutsche Bank AG reissued a “buy” rating and issued a $45.00 price objective (up from $40.00) on shares of Triumph Group in a research report on Monday, June 13th. Jefferies Group reissued a “buy” rating and issued a $54.00 price objective on shares of Triumph Group in a research report on Wednesday, June 1st. Wells Fargo & Co. reissued a “buy” rating on shares of Triumph Group in a research report on Thursday, April 7th. Canaccord Genuity reissued a “hold” rating on shares of Triumph Group in a research report on Tuesday, April 12th. Finally, Goldman Sachs Group Inc. increased their price objective on shares of Triumph Group from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Monday, May 9th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Triumph Group presently has a consensus rating of “Buy” and a consensus price target of $47.25.

The company’s 50-day moving average price is $37.03 and its 200-day moving average price is $33.53. The company’s market cap is $1.77 billion.

Triumph Group (NYSE:TGI) last posted its earnings results on Wednesday, May 4th. The company reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by $0.16. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the firm posted $1.71 earnings per share. The company’s quarterly revenue was down 2.1% on a year-over-year basis. On average, analysts predict that Triumph Group Inc. will post $5.87 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st were given a dividend of $0.04 per share. The ex-dividend date was Thursday, May 26th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.48%.

Other hedge funds recently modified their holdings of the company. Liberty Mutual Group Asset Management Inc. raised its stake in shares of Triumph Group by 50.8% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 31,617 shares of the company’s stock worth $1,256,000 after buying an additional 10,656 shares during the period. Bank of Montreal Can raised its stake in shares of Triumph Group by 47.2% in the fourth quarter. Bank of Montreal Can now owns 44,709 shares of the company’s stock worth $1,777,000 after buying an additional 14,342 shares during the period. Retirement Systems of Alabama raised its stake in shares of Triumph Group by 1.3% in the fourth quarter. Retirement Systems of Alabama now owns 63,370 shares of the company’s stock worth $2,519,000 after buying an additional 840 shares during the period. State Board of Administration of Florida Retirement System raised its stake in shares of Triumph Group by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 65,465 shares of the company’s stock worth $2,602,000 after buying an additional 173 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of Triumph Group by 1.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 88,492 shares of the company’s stock worth $3,518,000 after buying an additional 1,599 shares during the period.

Triumph Group, Inc (Triumph) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. It serves 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.

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