Motley Fool Asset Management LLC Acquires 136 Shares of TransDigm Group Incorporated (NYSE:TDG)

Motley Fool Asset Management LLC lifted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 9.8% during the 4th quarter, HoldingsChannel reports. The fund owned 1,524 shares of the aerospace company’s stock after purchasing an additional 136 shares during the period. Motley Fool Asset Management LLC’s holdings in TransDigm Group were worth $1,542,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wedge Capital Management L L P NC lifted its stake in TransDigm Group by 2,361.6% during the 4th quarter. Wedge Capital Management L L P NC now owns 78,993 shares of the aerospace company’s stock valued at $79,909,000 after acquiring an additional 75,784 shares in the last quarter. Townsquare Capital LLC increased its stake in shares of TransDigm Group by 4.5% in the third quarter. Townsquare Capital LLC now owns 2,651 shares of the aerospace company’s stock worth $2,235,000 after buying an additional 114 shares during the period. Pacer Advisors Inc. raised its stake in TransDigm Group by 26.2% in the fourth quarter. Pacer Advisors Inc. now owns 5,727 shares of the aerospace company’s stock worth $5,793,000 after buying an additional 1,188 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of TransDigm Group by 14.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,404 shares of the aerospace company’s stock worth $7,490,000 after acquiring an additional 962 shares in the last quarter. Finally, Chicago Capital LLC increased its position in TransDigm Group by 3.3% during the 4th quarter. Chicago Capital LLC now owns 48,317 shares of the aerospace company’s stock valued at $48,877,000 after buying an additional 1,523 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Trading Up 0.2 %

Shares of NYSE:TDG traded up $2.57 during trading on Friday, reaching $1,259.15. The stock had a trading volume of 139,583 shares, compared to its average volume of 207,107. TransDigm Group Incorporated has a one year low of $745.65 and a one year high of $1,269.51. The firm’s 50-day simple moving average is $1,203.04 and its 200 day simple moving average is $1,060.05. The company has a market capitalization of $70.02 billion, a P/E ratio of 53.44, a PEG ratio of 2.53 and a beta of 1.42.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 earnings per share for the quarter, topping the consensus estimate of $6.41 by $0.75. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.68 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The company’s quarterly revenue was up 28.1% on a year-over-year basis. During the same quarter last year, the company earned $4.15 earnings per share. Equities research analysts forecast that TransDigm Group Incorporated will post 29.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $1,140.48, for a total transaction of $3,421,440.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,105,728. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $1,140.48, for a total value of $3,421,440.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,105,728. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $9,921,433.28. The disclosure for this sale can be found here. In the last 90 days, insiders sold 59,087 shares of company stock valued at $69,840,358. 4.96% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TDG shares. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Tuesday, April 9th. Citigroup boosted their price target on shares of TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a research note on Thursday, April 4th. JPMorgan Chase & Co. upped their target price on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the company a “neutral” rating in a research report on Wednesday, March 27th. Barclays increased their target price on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. Finally, Royal Bank of Canada lifted their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,170.27.

TransDigm Group 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.