Nisa Investment Advisors LLC Has $4.79 Million Stock Position in Triumph Group, Inc. (NYSE:TGI)

Nisa Investment Advisors LLC lifted its position in shares of Triumph Group, Inc. (NYSE:TGI) by 18,544.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 256,554 shares of the aerospace company’s stock after buying an additional 255,178 shares during the quarter. Nisa Investment Advisors LLC owned about 0.33% of Triumph Group worth $4,787,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board purchased a new stake in Triumph Group in the 2nd quarter valued at about $125,000. International Assets Investment Management LLC raised its stake in Triumph Group by 1,189.0% in the third quarter. International Assets Investment Management LLC now owns 10,312 shares of the aerospace company’s stock valued at $133,000 after purchasing an additional 9,512 shares in the last quarter. Centiva Capital LP purchased a new position in shares of Triumph Group during the 3rd quarter valued at about $255,000. Intech Investment Management LLC purchased a new position in Triumph Group in the 2nd quarter worth $326,000. Finally, GSA Capital Partners LLP lifted its position in Triumph Group by 14.1% in the third quarter. GSA Capital Partners LLP now owns 26,374 shares of the aerospace company’s stock valued at $340,000 after purchasing an additional 3,253 shares during the last quarter. Institutional investors and hedge funds own 94.53% of the company’s stock.

Triumph Group Trading Down 0.9 %

Triumph Group stock opened at $18.93 on Friday. Triumph Group, Inc. has a 12 month low of $11.01 and a 12 month high of $19.71. The stock has a fifty day simple moving average of $18.75 and a two-hundred day simple moving average of $15.99. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 2.78 and a beta of 2.53.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. StockNews.com raised shares of Triumph Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. TD Cowen raised shares of Triumph Group to a “hold” rating in a research note on Thursday, December 19th. Barclays raised their target price on shares of Triumph Group from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. cut Triumph Group from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $15.00 to $12.00 in a research report on Monday, October 14th. Finally, Truist Financial boosted their target price on Triumph Group from $18.00 to $19.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $16.38.

About Triumph Group

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aircraft, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Interiors. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, cyber protected process controllers, main engine gearbox assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, primary and secondary flight control systems, and vibration absorbers.