Quotient Investors LLC Decreased Stake in Triumph Group INC New Com (NYSE:TGI) by $3.56 Million as Shares Declined


Quotient Investors Llc decreased its stake in Triumph Group Inc New Com (NYSE:TGI) by 71.7% based on its latest 2016Q2 regulatory filing with the SEC. Quotient Investors Llc sold 114,888 shares as the company’s stock declined 21.36% while stock markets rallied. The institutional investor held 45,353 shares of the capital goods company at the end of 2016Q2, valued at $1.43M, down from 160,241 at the end of the previous reported quarter. Quotient Investors Llc who had been investing in Triumph Group Inc New Com for a number of months, seems to be less bullish one the $1.65B market cap company. The stock is down 2.32% or $0.76 after the negative news, hitting $31.96 per share. About 319,271 shares traded hands. Triumph Group Inc (NYSE:TGI) has risen 27.66% since February 8, 2016 and is uptrending. It has outperformed by 11.17% the S&P500.

Quotient Investors Llc is a New York-based institutional investor with more than $423.26 million AUM in November, 2014. Taken from Quotient Investors latest Adv, the fund reported to have 4 full and part-time employees. Among which 2 performing investment advisory and research functions. The institutional investor had between 1-10 clients.

The institutional sentiment decreased to 1.17 in 2016 Q2. Its down 0.05, from 1.22 in 2016Q1. The ratio dropped, as 26 funds sold all TGI shares owned while 67 reduced positions. 36 funds bought stakes while 73 increased positions. They now own 45.95 million shares or 4.80% more from 43.84 million shares in 2016Q1.

Euclidean Technologies Management Llc holds 1.96% of its portfolio in TGI for 51,527 shares. S&T Bank Pa owns 259,157 shares or 1.51% of their US portfolio. Moreover, Investment Counselors Of Maryland Llc has 0.91% invested in the company for 466,437 shares. The Illinois-based Skyline Asset Management Lp has invested 0.88% in the stock. Smith Graham & Co. Investment Advisors Lp, a Texas-based fund reported 172,251 shares.

Out of 10 analysts covering Triumph Group Inc. (NYSE:TGI), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. Triumph Group Inc. has been the topic of 19 analyst reports since September 21, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on June 13 with “Buy” rating.

Triumph Group, Inc. designs, engineers, makes, repairs, overhauls and distributes a portfolio of aircraft components, accessories, subassemblies and systems. The company has a market cap of $1.65 billion.

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