TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC lifted its stake in TransDigm Group Incorporated (NYSE:TDG) by 51.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 286 shares of the aerospace company’s stock after buying an additional 97 shares during the quarter. Smartleaf Asset Management LLC’s holdings in TransDigm Group were worth $366,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TDG. First Personal Financial Services acquired a new stake in shares of TransDigm Group during the 3rd quarter valued at about $29,000. Erste Asset Management GmbH purchased a new position in TransDigm Group during the third quarter worth approximately $29,000. Capital Advisors Ltd. LLC grew its holdings in TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 16 shares during the period. Trust Co. of Vermont increased its position in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after buying an additional 15 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of TransDigm Group by 225.0% during the 4th 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 period. 95.78% of the stock is owned by hedge funds and other institutional investors.

TransDigm Group Stock Performance

NYSE TDG opened at $1,347.60 on Wednesday. The firm has a market cap of $75.58 billion, a price-to-earnings ratio of 47.53, a PEG ratio of 2.76 and a beta of 1.40. TransDigm Group Incorporated has a one year low of $1,136.27 and a one year high of $1,451.32. The firm has a 50 day simple moving average of $1,316.62 and a 200-day simple moving average of $1,325.91.

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

Insider Activity

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the transaction, the director now directly owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $1,323.02, for a total transaction of $3,969,060.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,762,872. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 121,647 shares of company stock worth $155,847,223. 4.09% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TDG has been the subject of a number of research reports. Citigroup increased their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a report on Monday, February 24th. Finally, Barclays restated an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TransDigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,472.47.

About TransDigm Group

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.