TransDigm Group Incorporated (NYSE:TDG) Shares Sold by TCW Group Inc.

TCW Group Inc. decreased its position in TransDigm Group Incorporated (NYSE:TDG) by 5.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,244 shares of the aerospace company’s stock after selling 1,041 shares during the quarter. TCW Group Inc.’s holdings in TransDigm Group were worth $24,388,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. First Personal Financial Services acquired a new position in shares of TransDigm Group in the 3rd quarter worth approximately $29,000. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group in the 3rd quarter worth approximately $29,000. Trust Co. of Vermont grew its position in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc grew its position in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 18 shares in the last quarter. Finally, DT Investment Partners LLC grew its position in shares of TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 11 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Citigroup lifted their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Barclays restated an “equal weight” rating and set a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Finally, StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,462.35.

TransDigm Group Stock Performance

Shares of TDG stock opened at $1,291.58 on Friday. TransDigm Group Incorporated has a 1 year low of $1,136.27 and a 1 year high of $1,451.32. The stock has a fifty day moving average of $1,306.71 and a two-hundred day moving average of $1,320.43. The firm has a market capitalization of $72.43 billion, a PE ratio of 45.56, a price-to-earnings-growth ratio of 2.76 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the previous year, the business earned $7.16 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Equities research analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at TransDigm Group

In other news, Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $1,315.93, for a total value of $7,200,768.96. Following the completion of the sale, the director now directly owns 21,548 shares in the company, valued at $28,355,659.64. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 118,647 shares of company stock valued at $151,878,163. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.