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

Several equities research analysts recently commented on the company. Deutsche Bank AG reissued a “buy” rating and issued a $45.00 price target (up previously from $40.00) on shares of Triumph Group in a research note on Monday, June 13th. Jefferies Group reissued a “buy” rating and issued a $54.00 price target on shares of Triumph Group in a research note on Wednesday, June 1st. Canaccord Genuity reissued a “hold” rating on shares of Triumph Group in a research note on Tuesday, May 10th. Royal Bank Of Canada boosted their price target on Triumph Group from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Thursday, May 5th. Finally, Goldman Sachs Group Inc. boosted their price target on Triumph Group from $34.00 to $36.00 and gave the company a “neutral” rating in a research note on Monday, May 9th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $47.25.

The firm’s market capitalization is $1.77 billion. The company has a 50-day moving average price of $37.04 and a 200 day moving average price of $33.55.

Triumph Group (NYSE:TGI) last announced its earnings results on Wednesday, May 4th. The company reported $1.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.48 by $0.16. The company earned $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the company posted $1.71 earnings per share. The business’s revenue was down 2.1% compared to the same quarter last year. Equities research analysts anticipate that Triumph Group Inc. will post $5.87 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Tuesday, May 31st were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Thursday, May 26th.

A number of large investors have recently made changes to their positions in TGI. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter.

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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