Ronna Sue Cohen Cut B & G Foods (BGS) Position as Shares Declined; S&T Bank Lowered Its Triumph Group (TGI) Stake by $434,942 as Share Price Declined

January 13, 2018 - By Richard Conner

S&T Bank decreased its stake in Triumph Group Inc (TGI) by 3.64% based on its latest 2017Q3 regulatory filing with the SEC. S&T Bank sold 14,998 shares as the company’s stock declined 14.37% while stock markets rallied. The institutional investor held 397,577 shares of the capital goods company at the end of 2017Q3, valued at $11.83M, down from 412,575 at the end of the previous reported quarter. S&T Bank who had been investing in Triumph Group Inc for a number of months, seems to be less bullish one the $1.46B market cap company. The stock increased 2.44% or $0.7 during the last trading session, reaching $29.35. About 629,032 shares traded or 32.59% up from the average. Triumph Group, Inc. (NYSE:TGI) has declined 35.48% since January 13, 2017 and is downtrending. It has underperformed by 52.18% the S&P500.

Ronna Sue Cohen decreased its stake in B & G Foods (BGS) by 48.41% based on its latest 2017Q3 regulatory filing with the SEC. Ronna Sue Cohen sold 26,557 shares as the company’s stock declined 15.06% while stock markets rallied. The institutional investor held 28,303 shares of the consumer non-durables company at the end of 2017Q3, valued at $901,000, down from 54,860 at the end of the previous reported quarter. Ronna Sue Cohen who had been investing in B & G Foods for a number of months, seems to be less bullish one the $2.14 billion market cap company. The stock decreased 4.32% or $1.45 during the last trading session, reaching $32.15. About 1.78M shares traded or 48.66% up from the average. B&G Foods, Inc. (NYSE:BGS) has declined 7.13% since January 13, 2017 and is downtrending. It has underperformed by 23.83% the S&P500.

Among 12 analysts covering B&G Foods (NYSE:BGS), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. B&G Foods has $57 highest and $36 lowest target. $41.78’s average target is 29.95% above currents $32.15 stock price. B&G Foods had 37 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by Stephens on Wednesday, November 1 to “Buy”. The stock of B&G Foods, Inc. (NYSE:BGS) has “Sell” rating given on Saturday, August 15 by Zacks. The rating was initiated by Barclays Capital on Tuesday, October 20 with “Equal-Weight”. The company was maintained on Wednesday, June 14 by BMO Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, July 18 report. The firm has “Buy” rating given on Friday, April 29 by DA Davidson. As per Thursday, November 16, the company rating was upgraded by Berenberg. As per Wednesday, August 23, the company rating was upgraded by Buckingham Research. The firm has “Buy” rating given on Thursday, July 20 by Citigroup. The firm has “Neutral” rating by Buckingham Research given on Tuesday, May 10.

Analysts await B&G Foods, Inc. (NYSE:BGS) to report earnings on February, 22. They expect $0.59 earnings per share, up 103.45% or $0.30 from last year’s $0.29 per share. BGS’s profit will be $39.24M for 13.62 P/E if the $0.59 EPS becomes a reality. After $0.55 actual earnings per share reported by B&G Foods, Inc. for the previous quarter, Wall Street now forecasts 7.27% EPS growth.

Ronna Sue Cohen, which manages about $131.15M US Long portfolio, upped its stake in United Parcel Service (NYSE:UPS) by 4,630 shares to 25,255 shares, valued at $3.03 million in 2017Q3, according to the filing.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.27, from 1.2 in 2017Q2. It dived, as 34 investors sold TGI shares while 58 reduced holdings. 27 funds opened positions while 59 raised stakes. 48.03 million shares or 2.59% more from 46.82 million shares in 2017Q2 were reported. Metropolitan Life has invested 0.01% in Triumph Group, Inc. (NYSE:TGI). Ubs Asset Mngmt Americas Inc holds 0% in Triumph Group, Inc. (NYSE:TGI) or 43,916 shares. Moreover, Ameriprise has 0% invested in Triumph Group, Inc. (NYSE:TGI) for 344,384 shares. D E Shaw And reported 272,159 shares stake. State Of New Jersey Common Pension Fund D reported 870,000 shares stake. Pinebridge Invs Lp accumulated 66,694 shares. Natixis owns 7,635 shares. Tiaa Cref Invest Management Ltd Liability Com reported 604,639 shares stake. Texas Permanent School Fund holds 0.01% of its portfolio in Triumph Group, Inc. (NYSE:TGI) for 36,227 shares. Intl Group owns 38,773 shares. Century Companies owns 213,424 shares. Moreover, Nj State Employees Deferred Compensation Plan has 0.15% invested in Triumph Group, Inc. (NYSE:TGI). Ls Inv Advsr Limited Liability Co reported 1,552 shares or 0% of all its holdings. Barrow Hanley Mewhinney & Strauss Ltd Liability Corp, Texas-based fund reported 156,050 shares. Numeric Investors Limited Liability Company accumulated 52,369 shares.

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group has $75 highest and $24.0 lowest target. $39.77’s average target is 35.50% above currents $29.35 stock price. Triumph Group had 56 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Triumph Group, Inc. (NYSE:TGI) earned “Underperform” rating by Bank of America on Monday, February 6. On Monday, June 13 the stock rating was maintained by Deutsche Bank with “Buy”. Deutsche Bank downgraded the shares of TGI in report on Tuesday, November 15 to “Hold” rating. The company was maintained on Thursday, September 7 by Robert W. Baird. On Thursday, May 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by Goldman Sachs on Monday, May 9 with “Neutral”. The firm has “Buy” rating by RBC Capital Markets given on Thursday, November 9. RBC Capital Markets maintained Triumph Group, Inc. (NYSE:TGI) on Wednesday, April 19 with “Buy” rating. As per Friday, July 7, the company rating was maintained by Jefferies. The firm earned “Hold” rating on Thursday, January 19 by SunTrust.

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