Arizona State Retirement System Has $664,000 Position in Triumph Group, Inc.

Via baseball-news-blog.com

Arizona State Retirement System raised its position in Triumph Group, Inc. (NYSE:TGI) by 16.4% during the first quarter, Holdings Channel reports. The fund owned 25,800 shares of the aerospace company’s stock after buying an additional 3,643 shares during the period. Arizona State Retirement System’s holdings in Triumph Group were worth $664,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Bank of Montreal Can increased its position in shares of Triumph Group by 8.0% in the first quarter. Bank of Montreal Can now owns 5,252 shares of the aerospace company’s stock worth $135,000 after buying an additional 391 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Triumph Group by 9.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 8,510 shares of the aerospace company’s stock worth $226,000 after buying an additional 750 shares during the last quarter. Swiss National Bank increased its position in shares of Triumph Group by 2.0% in the first quarter. Swiss National Bank now owns 77,600 shares of the aerospace company’s stock worth $1,998,000 after buying an additional 1,500 shares during the last quarter. Comerica Bank increased its position in shares of Triumph Group by 5.6% in the fourth quarter. Comerica Bank now owns 37,211 shares of the aerospace company’s stock worth $1,003,000 after buying an additional 1,965 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale increased its position in shares of Triumph Group by 1.5% in the first quarter. DekaBank Deutsche Girozentrale now owns 142,414 shares of the aerospace company’s stock worth $3,684,000 after buying an additional 2,100 shares during the last quarter. 99.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of Triumph Group, Inc. (NYSE TGI) opened at 29.55 on Tuesday. The stock’s 50 day moving average is $28.47 and its 200-day moving average is $26.94. Triumph Group, Inc. has a one year low of $19.65 and a one year high of $40.09. The stock’s market capitalization is $1.47 billion.

Triumph Group (NYSE:TGI) last announced its earnings results on Wednesday, May 24th. The aerospace company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $1.40 by $1.69. The business had revenue of $919.90 million during the quarter, compared to the consensus estimate of $923.93 million. Triumph Group had a negative net margin of 1.22% and a positive return on equity of 32.58%. The business’s quarterly revenue was down 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.32 earnings per share. On average, equities research analysts predict that Triumph Group, Inc. will post $3.68 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were paid a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.16 annualized dividend and a dividend yield of 0.54%. Triumph Group’s dividend payout ratio (DPR) is presently -18.18%.

 

 

 

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