Wright Investors Service Inc. decreased its holdings in shares of Triumph Group, Inc. (NYSE:TGI) by 51.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,371 shares of the aerospace company’s stock after selling 9,779 shares during the quarter. Wright Investors Service Inc.’s holdings in Triumph Group were worth $279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Arizona State Retirement System grew its holdings in shares of Triumph Group by 0.4% during the second quarter. Arizona State Retirement System now owns 25,900 shares of the aerospace company’s stock valued at $818,000 after buying an additional 100 shares in the last quarter. Wayne Hummer Investments L.L.C. grew its holdings in shares of Triumph Group by 1.6% during the second quarter. Wayne Hummer Investments L.L.C. now owns 8,655 shares of the aerospace company’s stock valued at $273,000 after buying an additional 140 shares in the last quarter. Texas Permanent School Fund grew its holdings in shares of Triumph Group by 0.9% during the second quarter. Texas Permanent School Fund now owns 36,198 shares of the aerospace company’s stock valued at $1,144,000 after buying an additional 307 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in shares of Triumph Group by 3.6% during the second quarter. Municipal Employees Retirement System of Michigan now owns 11,700 shares of the aerospace company’s stock valued at $370,000 after buying an additional 410 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Triumph Group by 6.5% during the second quarter. Janney Montgomery Scott LLC now owns 15,405 shares of the aerospace company’s stock valued at $487,000 after buying an additional 934 shares in the last quarter. Institutional investors and hedge funds own 99.75% of the company’s stock.

A number of brokerages have recently weighed in on TGI. ValuEngine upgraded Triumph Group from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Credit Suisse Group lowered their price target on Triumph Group from $40.00 to $37.00 and set an “outperform” rating on the stock in a report on Monday, August 21st. BidaskClub downgraded Triumph Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Royal Bank Of Canada reiterated a “buy” rating and set a $33.00 price target on shares of Triumph Group in a report on Friday, July 28th. Finally, TheStreet upgraded Triumph Group from a “d+” rating to a “c-” rating in a report on Wednesday, July 26th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $30.80.

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Triumph Group Company Profile

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Institutional Ownership by Quarter for Triumph Group (NYSE:TGI)

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