Price Action To Observe: Triumph Group Inc Stock Price Declines Today

Price Action To Observe: Triumph Group Inc Stock Price Declines Today

The stock of Triumph Group Inc (NYSE:TGI) is a huge mover today! About 612,416 shares traded hands. Triumph Group Inc (NYSE:TGI) has declined 11.56% since April 13, 2016 and is downtrending. It has underperformed by 15.49% the S&P500.
The move comes after 8 months negative chart setup for the $1.49 billion company. It was reported on Nov, 15 by Barchart.com. We have $26.93 PT which if reached, will make NYSE:TGI worth $89.40M less.

Triumph Group Inc (NYSE:TGI) Ratings Coverage

Out of 12 analysts covering Triumph Group (NYSE:TGI), 6 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 50% are positive. Triumph Group has been the topic of 22 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Triumph Group Inc (NYSE:TGI) earned “Outperform” rating by RBC Capital Markets on Tuesday, October 13. The firm earned “Underperform” rating on Thursday, October 6 by Robert W. Baird. As per Monday, June 13, the company rating was maintained by Deutsche Bank. The stock has “Outperform” rating given by RBC Capital Markets on Friday, January 29. The stock of Triumph Group Inc (NYSE:TGI) earned “Buy” rating by Sterne Agee CRT on Friday, October 2. The stock of Triumph Group Inc (NYSE:TGI) earned “Neutral” rating by Goldman Sachs on Monday, May 9. The stock of Triumph Group Inc (NYSE:TGI) has “Outperform” rating given on Thursday, July 30 by RBC Capital Markets. The firm has “Buy” rating by Bank of America given on Monday, February 22.

According to Zacks Investment Research, “Triumph Group Inc. designs, engineers, manufactures, repairs and overhauls aircraft components. The company serves a broad, worldwide spectrum of the aviation industry, including commercial airlines and air cargo carriers, as well as original equipment manufacturers of aircraft and aircraft components. The company also distributes, processes and fabricates metal products.”

Insitutional Activity: The institutional sentiment decreased to 1.17 in 2016 Q2. Its down 0.05, from 1.22 in 2016Q1. The ratio fall, as 26 funds sold all Triumph Group Inc 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.
Kistler has invested 0% of its portfolio in Triumph Group Inc (NYSE:TGI). Ameritas Inv Inc owns 11,673 shares or 0.03% of their US portfolio. The Illinois-based First Advsrs L P has invested 0.02% in Triumph Group Inc (NYSE:TGI). Ellington Mngmt Ltd Limited Liability Company has invested 0.63% of its portfolio in Triumph Group Inc (NYSE:TGI). The Maryland-based Calvert Invest Mngmt has invested 0.11% in Triumph Group Inc (NYSE:TGI). State Of Wisconsin Inv Board has 172,000 shares for 0.02% of their US portfolio. Adirondack Research Mngmt has 0.16% invested in the company for 12,348 shares. Spot Trading Ltd Llc owns 8,311 shares or 0.01% of their US portfolio. Metropolitan Life Insurance Ny last reported 0.02% of its portfolio in the stock. Brandywine Glob Invest Mngmt Limited Liability has invested 0.1% of its portfolio in Triumph Group Inc (NYSE:TGI). Connor Clark & Lunn Invest Mgmt Ltd holds 0.11% of its portfolio in Triumph Group Inc (NYSE:TGI) for 441,350 shares. Barclays Public Limited Com last reported 0% of its portfolio in the stock. Retirement Of Alabama last reported 0.01% of its portfolio in the stock. Amp has 0% invested in the company for 9,900 shares. Checchi Capital Advisers Ltd Liability Corp last reported 0% of its portfolio in the stock.

Insider Transactions: Since November 7, 2016, the stock had 3 insider buys, and 0 selling transactions for $1.58 million net activity. $50,250 worth of Triumph Group Inc (NYSE:TGI) was bought by LOVELY RICHARD on Monday, November 7. Another trade for 10,000 shares valued at $255,000 was bought by Holzthum Thomas K. Another trade for 50,000 shares valued at $1.28M was bought by Crowley Daniel J.

More notable recent Triumph Group Inc (NYSE:TGI) news were published by: Nasdaq.com which released: “Triumph Group Inc (TGI) President & CEO Daniel J Crowley Bought $–.’ million …” on November 10, 2016, also Fool.com with their article: “Is Triumph Group, Inc. Stock a Buy Right Now?” published on March 29, 2016, Fool.com published: “The 3 Biggest Challenges Facing Triumph Group, Inc. Stock” on March 16, 2016. More interesting news about Triumph Group Inc (NYSE:TGI) were released by: Moodys.com and their article: “Moody’s downgrades Triumph Group, Inc. ratings: CFR to Ba3, outlook is negative” published on October 17, 2016 as well as Fool.com‘s news article titled: “Why Shares of Triumph Group Plunged 18% Today” with publication date: July 28, 2016.

TGI Company Profile

Triumph Group, Inc. (Triumph), incorporated on March 11, 1993, designs, engineers, makes, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The Firm serves a spectrum of 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. The Firm offers a range of services and products to the aerospace industry through three divisions: Triumph Aerostructures Group, whose companies are engaged in the design, manufacture, assembly and integration of metallic and composite aerostructures and structural components for the aerospace OEM market; Triumph Aerospace Systems Group, whose companies design, engineer and manufacture a range of build-to-print components, assemblies and systems also for the OEM market, and Triumph Aftermarket Services Group, whose companies serve aircraft fleets, such as commercial airlines, the United States military and cargo carriers, through the maintenance, repair and overhaul (MRO) of aircraft components and accessories manufactured by third parties.

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