Triumph Group Inc. (NYSE:TGI) was down 2.7% on Thursday . The company traded as low as $29.20 and last traded at $29.27, with a volume of 450,692 shares changing hands. The stock had previously closed at $30.08.

A number of equities research analysts have weighed in on TGI shares. Credit Suisse Group AG reaffirmed a “buy” rating and set a $44.00 price objective on shares of Triumph Group in a report on Friday, July 29th. Deutsche Bank AG reaffirmed a “buy” rating and set a $45.00 price objective (up from $40.00) on shares of Triumph Group in a report on Monday, June 13th. Jefferies Group reaffirmed a “buy” rating and set a $54.00 price objective on shares of Triumph Group in a report on Wednesday, June 1st. Standpoint Research reaffirmed a “buy” rating on shares of Triumph Group in a report on Wednesday, July 27th. Finally, Wells Fargo & Co. reaffirmed a “buy” rating on shares of Triumph Group in a report on Thursday, April 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $45.92.

The firm’s market capitalization is $1.44 billion. The company’s 50 day moving average is $35.68 and its 200 day moving average is $33.51.

Triumph Group (NYSE:TGI) last announced its earnings results on Thursday, July 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.10. During the same quarter in the previous year, the company earned $1.31 EPS. The business had revenue of $893.30 million for the quarter, compared to analyst estimates of $896.80 million. The business’s revenue for the quarter was down 6.9% on a year-over-year basis. On average, equities analysts forecast that Triumph Group Inc. will post $3.53 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be given a dividend of $0.04 per share. The ex-dividend date is Tuesday, August 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.55%.

Several hedge funds and institutional investors have made changes to their positions in TGI. Snow Capital Management LP raised its position in shares of Triumph Group by 4.4% in the fourth quarter. Snow Capital Management LP now owns 1,954,258 shares of the company’s stock worth $77,682,000 after buying an additional 83,152 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Triumph Group by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,892,759 shares of the company’s stock worth $75,238,000 after buying an additional 55,888 shares during the last quarter. BlackRock Advisors LLC raised its position in shares of Triumph Group by 224.2% in the fourth quarter. BlackRock Advisors LLC now owns 708,865 shares of the company’s stock worth $28,177,000 after buying an additional 490,207 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of Triumph Group by 9.1% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 600,000 shares of the company’s stock worth $23,850,000 after buying an additional 50,000 shares during the last quarter. Finally, Fiduciary Management Associates LLC raised its position in shares of Triumph Group by 29.1% in the fourth quarter. Fiduciary Management Associates LLC now owns 489,283 shares of the company’s stock worth $19,451,000 after buying an additional 110,390 shares during 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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