Diversified Trust Co Buys 202 Shares of TransDigm Group Incorporated (NYSE:TDG)

Diversified Trust Co lifted its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,017 shares of the aerospace company’s stock after acquiring an additional 202 shares during the quarter. Diversified Trust Co’s holdings in TransDigm Group were worth $5,091,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. First Personal Financial Services acquired a new stake in TransDigm Group in the 3rd quarter worth approximately $29,000. Erste Asset Management GmbH bought a new position in shares of TransDigm Group in the third quarter valued at approximately $29,000. Versant Capital Management Inc lifted its stake in shares of TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after buying an additional 18 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of TransDigm Group by 275.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company’s stock worth $38,000 after buying an additional 22 shares during the period. Finally, DT Investment Partners LLC grew its stake in TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after buying an additional 11 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on TDG shares. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Wells Fargo & Company cut their price objective on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Barclays reaffirmed an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday. KeyCorp upped their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Finally, StockNews.com cut TransDigm Group from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,452.00.

TransDigm Group Stock Up 0.9 %

TDG traded up $11.87 during midday trading on Tuesday, reaching $1,263.19. 54,454 shares of the company’s stock were exchanged, compared to its average volume of 233,252. The business has a 50-day simple moving average of $1,285.08 and a two-hundred day simple moving average of $1,307.31. The firm has a market capitalization of $71.03 billion, a price-to-earnings ratio of 49.34, a price-to-earnings-growth ratio of 2.89 and a beta of 1.38. TransDigm Group Incorporated has a one year low of $975.00 and a one year high of $1,451.32.

Insider Buying and Selling

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the completion of the transaction, the director now directly owns 21,548 shares of the company’s stock, valued at approximately $30,228,611.80. This trade represents a 20.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total transaction of $4,205,250.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $5,046,300. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 69,525 shares of company stock worth $88,134,141 in the last 90 days. 4.96% of the stock is owned by company insiders.

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.