Wealthtrust Axiom Lifted Its Stake in Triumph Group New (TGI) by $1.13 Million as Stock Price Declined; Elk Creek Partners Position in National Gen Hldgs (NGHC) Has Upped as Share Price Declined

February 23, 2018 - By Ellis Scott

Elk Creek Partners Llc increased its stake in National Gen Hldgs Corp (NGHC) by 11.23% based on its latest 2017Q3 regulatory filing with the SEC. Elk Creek Partners Llc bought 100,069 shares as the company’s stock declined 15.19% while stock markets rallied. The institutional investor held 990,815 shares of the property-casualty insurers company at the end of 2017Q3, valued at $18.93M, up from 890,746 at the end of the previous reported quarter. Elk Creek Partners Llc who had been investing in National Gen Hldgs Corp for a number of months, seems to be bullish on the $2.14B market cap company. The stock decreased 1.67% or $0.34 during the last trading session, reaching $20.02. About 222,422 shares traded. National General Holdings Corp. (NASDAQ:NGHC) has risen 0.61% since February 23, 2017 and is uptrending. It has underperformed by 16.09% the S&P500.

Wealthtrust Axiom Llc increased its stake in Triumph Group Inc New (TGI) by 63.58% based on its latest 2017Q3 regulatory filing with the SEC. Wealthtrust Axiom Llc bought 39,127 shares as the company’s stock declined 14.37% while stock markets rallied. The institutional investor held 100,664 shares of the capital goods company at the end of 2017Q3, valued at $2.99M, up from 61,537 at the end of the previous reported quarter. Wealthtrust Axiom Llc who had been investing in Triumph Group Inc New for a number of months, seems to be bullish on the $1.34B market cap company. The stock decreased 0.19% or $0.05 during the last trading session, reaching $26.95. About 401,427 shares traded. Triumph Group, Inc. (NYSE:TGI) has declined 35.48% since February 23, 2017 and is downtrending. It has underperformed by 52.18% the S&P500.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.27, from 1.2 in 2017Q2. It worsened, 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. Price T Rowe Associates Md holds 0.02% or 4.70M shares in its portfolio. Employees Retirement Systems Of Ohio owns 12,342 shares or 0% of their US portfolio. Meeder Asset owns 0.09% invested in Triumph Group, Inc. (NYSE:TGI) for 29,241 shares. Goldman Sachs Grp Inc holds 895,831 shares or 0.01% of its portfolio. Dean Investment Associate Lc accumulated 0.5% or 110,335 shares. Northern Trust accumulated 0% or 615,644 shares. Gargoyle Invest Advisor Ltd Liability reported 10,900 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,718 shares. Fmr Limited stated it has 36,310 shares or 0% of all its holdings. First Heartland Consultants has 0.32% invested in Triumph Group, Inc. (NYSE:TGI) for 44,400 shares. Morgan Stanley has 265,395 shares. State Teachers Retirement Sys owns 100,399 shares or 0.01% of their US portfolio. Moreover, Paloma Ptnrs Mgmt has 0% invested in Triumph Group, Inc. (NYSE:TGI). Fincl Bank Of America De accumulated 203,925 shares. Gsa Ptnrs Limited Liability Partnership reported 29,629 shares or 0.06% of all its holdings.

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group had 60 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Monday, May 29. The stock of Triumph Group, Inc. (NYSE:TGI) earned “Buy” rating by Bank of America on Monday, February 22. As per Thursday, May 25, the company rating was downgraded by Standpoint Research. The firm earned “Buy” rating on Wednesday, April 19 by RBC Capital Markets. The rating was maintained by Jefferies on Friday, July 7 with “Buy”. Credit Suisse maintained it with “Outperform” rating and $37 target in Monday, August 21 report. Jefferies maintained the shares of TGI in report on Friday, September 29 with “Hold” rating. Deutsche Bank maintained Triumph Group, Inc. (NYSE:TGI) rating on Monday, June 13. Deutsche Bank has “Buy” rating and $45 target. The rating was downgraded by Jefferies to “Hold” on Monday, July 24. The rating was maintained by Canaccord Genuity with “Hold” on Thursday, February 1.

Among 3 analysts covering National General Holdings Corp (NASDAQ:NGHC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. National General Holdings Corp had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 27 by Zacks. The company was downgraded on Friday, August 7 by Zacks. The firm has “Overweight” rating given on Tuesday, January 26 by Morgan Stanley. As per Tuesday, June 20, the company rating was maintained by Keefe Bruyette & Woods. On Tuesday, August 25 the stock rating was maintained by William Blair with “Outperform”. The stock of National General Holdings Corp. (NASDAQ:NGHC) earned “Buy” rating by Keefe Bruyette & Woods on Sunday, July 23. Keefe Bruyette & Woods maintained the shares of NGHC in report on Monday, August 28 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, September 28. Morgan Stanley maintained it with “Equal-Weight” rating and $23 target in Thursday, August 10 report. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Friday, November 18.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.48, from 1.48 in 2017Q2. It is negative, as 20 investors sold NGHC shares while 31 reduced holdings. 8 funds opened positions while 43 raised stakes. 45.38 million shares or 1.23% less from 45.95 million shares in 2017Q2 were reported. Schroder Inv Mgmt Group Inc holds 0.05% of its portfolio in National General Holdings Corp. (NASDAQ:NGHC) for 1.66 million shares. International Gp has 0% invested in National General Holdings Corp. (NASDAQ:NGHC). Ameritas Investment Inc has invested 0% in National General Holdings Corp. (NASDAQ:NGHC). Corsair Capital Lp holds 0.03% in National General Holdings Corp. (NASDAQ:NGHC) or 10,854 shares. Msd Prtn Limited Partnership reported 1.16M shares stake. Savings Bank Of Montreal Can invested 0% in National General Holdings Corp. (NASDAQ:NGHC). Clearline LP invested in 74,028 shares or 1.03% of the stock. Cornercap Counsel Incorporated owns 30,165 shares. Bw Gestao De Investimentos Ltda stated it has 21,629 shares. Northern Trust Corp reported 0% stake. Manufacturers Life Ins The accumulated 39,983 shares. Bessemer Group Inc Inc accumulated 0.01% or 73,800 shares. Schwab Charles Investment Mngmt reported 0% stake. Globeflex Cap Ltd Partnership holds 0.35% or 64,334 shares. Whittier reported 185 shares.

Elk Creek Partners Llc, which manages about $800.79M and $1.59 billion US Long portfolio, decreased its stake in Live Nation Entertainment In (NYSE:LYV) by 29,549 shares to 112,703 shares, valued at $4.91 million in 2017Q3, according to the filing. It also reduced its holding in Lendingtree Inc New (NASDAQ:TREE) by 16,220 shares in the quarter, leaving it with 64,558 shares, and cut its stake in Exact Sciences Corp (NASDAQ:EXAS).

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