National Pension Service Trims Position in TransDigm Group Incorporated (TDG)

National Pension Service trimmed its holdings in TransDigm Group Incorporated (NYSE:TDG) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,289 shares of the aerospace company’s stock after selling 362 shares during the quarter. National Pension Service owned about 0.11% of TransDigm Group worth $16,007,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Neville Rodie & Shaw Inc. purchased a new stake in shares of TransDigm Group during the 4th quarter valued at approximately $205,000. HighTower Advisors LLC purchased a new stake in shares of TransDigm Group during the 2nd quarter valued at approximately $201,000. Laurion Capital Management LP purchased a new stake in shares of TransDigm Group during the 2nd quarter valued at approximately $205,000. Trexquant Investment LP purchased a new stake in shares of TransDigm Group during the 3rd quarter valued at approximately $209,000. Finally, ETF Managers Group LLC purchased a new stake in shares of TransDigm Group during the 2nd quarter valued at approximately $224,000.

TransDigm Group Incorporated (NYSE TDG) traded up $4.59 during trading hours on Wednesday, hitting $290.39. 418,546 shares of the company’s stock traded hands, compared to its average volume of 493,372. The firm has a market capitalization of $14,860.00, a P/E ratio of 29.04, a price-to-earnings-growth ratio of 1.64 and a beta of 0.77. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of -4.38. TransDigm Group Incorporated has a fifty-two week low of $203.72 and a fifty-two week high of $321.38.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 6th. The aerospace company reported $2.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.64 by ($0.21). The business had revenue of $847.96 million during the quarter, compared to analyst estimates of $860.12 million. TransDigm Group had a negative return on equity of 27.70% and a net margin of 18.95%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.57 EPS. research analysts expect that TransDigm Group Incorporated will post 14.92 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Cowen reaffirmed a “hold” rating and set a $290.00 price target on shares of TransDigm Group in a research report on Monday, January 29th. Canaccord Genuity reiterated a “buy” rating and issued a $330.00 target price on shares of TransDigm Group in a report on Friday, February 2nd. Royal Bank of Canada set a $370.00 target price on shares of TransDigm Group and gave the company a “buy” rating in a report on Wednesday, January 24th. SunTrust Banks reiterated a “buy” rating on shares of TransDigm Group in a report on Friday, January 19th. Finally, Robert W. Baird lifted their target price on shares of TransDigm Group from $300.00 to $320.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $309.94.

In related news, insider Alex Feil sold 5,444 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $280.85, for a total transaction of $1,528,947.40. Following the completion of the transaction, the insider now owns 5,444 shares in the company, valued at $1,528,947.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO W Nicholas Howley sold 63,776 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $268.60, for a total transaction of $17,130,233.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 93,992 shares of company stock valued at $25,839,552. Insiders own 11.45% of the company’s stock.

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TransDigm Group Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

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