UNIVEST FINANCIAL Corp Has $4.78 Million Stake in TransDigm Group Incorporated (NYSE:TDG)

UNIVEST FINANCIAL Corp boosted its position in TransDigm Group Incorporated (NYSE:TDG) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,769 shares of the aerospace company’s stock after purchasing an additional 222 shares during the period. UNIVEST FINANCIAL Corp’s holdings in TransDigm Group were worth $4,776,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group in the 3rd quarter worth approximately $29,000. Capital Advisors Ltd. LLC lifted 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 buying an additional 16 shares during the period. Trust Co. of Vermont boosted its position in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 15 shares during the last quarter. Versant Capital Management Inc raised 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, Sachetta LLC lifted its stake in shares of TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock valued at $44,000 after purchasing an additional 18 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Insider Transactions at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,892,616. The trade was a 45.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the transaction, the chief executive officer now owns 8,158 shares of the company’s stock, valued at $10,337,899.18. This represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 124,594 shares of company stock worth $165,646,468 in the last quarter. Insiders own 4.09% of the company’s stock.

TransDigm Group Trading Up 1.0 %

Shares of TransDigm Group stock opened at $1,393.62 on Wednesday. The business’s fifty day simple moving average is $1,339.15 and its 200 day simple moving average is $1,328.23. TransDigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month high of $1,451.32. The firm has a market capitalization of $78.16 billion, a P/E ratio of 49.16, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the prior year, the business earned $7.16 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. Analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TDG shares. Barclays reiterated an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price on the stock in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Wells Fargo & Company increased their price objective on shares of TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,477.18.

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.