FWG Holdings LLC Buys 11 Shares of TransDigm Group Incorporated (NYSE:TDG)

FWG Holdings LLC raised its stake in TransDigm Group Incorporated (NYSE:TDG) by 3.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 373 shares of the aerospace company’s stock after acquiring an additional 11 shares during the period. FWG Holdings LLC’s holdings in TransDigm Group were worth $505,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TDG. First Personal Financial Services acquired a new position in shares of TransDigm Group in the third quarter worth approximately $29,000. 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 boosted its stake in shares of TransDigm Group by 200.0% in the 4th 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 last quarter. Trust Co. of Vermont increased its position in shares of TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after buying an additional 15 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after buying an additional 18 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Stock Performance

Shares of NYSE TDG opened at $1,339.77 on Monday. The stock has a market cap of $75.14 billion, a price-to-earnings ratio of 47.26, a PEG ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a fifty-two week low of $1,136.27 and a fifty-two week high of $1,451.32. The firm’s 50-day simple moving average is $1,319.94 and its 200 day simple moving average is $1,326.81.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the company earned $7.16 earnings per share. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, sell-side analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Analyst Upgrades and Downgrades

TDG has been the subject of a number of recent analyst reports. Barclays reiterated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. UBS Group raised TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price target on the stock in a research note on Monday, February 24th. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Six equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, TransDigm Group presently has an average rating of “Moderate Buy” and an average price target of $1,472.47.

Insider Buying and Selling at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at $10,181,755.06. This represents a 71.03 % 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 business’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,525,524. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 121,647 shares of company stock worth $155,847,223. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Company 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.