Marshall Wace LLP Buys 247,117 Shares of Triumph Group, Inc. (NYSE:TGI)

Market Beat
2024.10.02 07:55
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Marshall Wace LLP increased its stake in Triumph Group, Inc. (NYSE:TGI) by 318.2% in Q2, acquiring 247,117 shares, bringing its total to 324,778 shares. Other institutional investors also raised their holdings. Analysts have downgraded the stock's ratings and price targets, with a consensus rating of "Hold" and a target price of $10.67. Triumph Group reported a quarterly EPS of -$0.06, missing estimates, with revenue up 6.5% year-over-year. The stock opened at $10.80, with a market cap of $1.44 billion and a PE ratio of 1.93.