Valeo Financial Advisors LLC Purchases New Stake in TransDigm Group Incorporated (NYSE:TDG)

Valeo Financial Advisors LLC acquired a new stake in TransDigm Group Incorporated (NYSE:TDG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 239 shares of the aerospace company’s stock, valued at approximately $242,000.

A number of other hedge funds have also recently made changes to their positions in TDG. Townsquare Capital LLC raised its stake in shares of TransDigm Group by 4.5% in the third quarter. Townsquare Capital LLC now owns 2,651 shares of the aerospace company’s stock worth $2,235,000 after purchasing an additional 114 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of TransDigm Group by 26.2% in the 4th quarter. Pacer Advisors Inc. now owns 5,727 shares of the aerospace company’s stock worth $5,793,000 after acquiring an additional 1,188 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of TransDigm Group by 14.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 7,404 shares of the aerospace company’s stock valued at $7,490,000 after purchasing an additional 962 shares during the last quarter. Chicago Capital LLC lifted its position in shares of TransDigm Group by 3.3% during the fourth quarter. Chicago Capital LLC now owns 48,317 shares of the aerospace company’s stock valued at $48,877,000 after purchasing an additional 1,523 shares in the last quarter. Finally, Sapient Capital LLC purchased a new position in TransDigm Group during the fourth quarter worth about $948,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Price Performance

Shares of NYSE:TDG opened at $1,207.50 on Tuesday. The company has a market cap of $67.15 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 2.49 and a beta of 1.42. TransDigm Group Incorporated has a one year low of $741.74 and a one year high of $1,248.39. The firm has a fifty day moving average price of $1,186.50 and a two-hundred day moving average price of $1,038.41.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.41 by $0.75. The company had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.68 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The firm’s quarterly revenue was up 28.1% on a year-over-year basis. During the same quarter last year, the company earned $4.15 earnings per share. Equities research analysts expect that TransDigm Group Incorporated will post 29.03 EPS for the current fiscal year.

Insider Transactions at TransDigm Group

In related news, CFO Sarah Wynne sold 5,850 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $1,159.00, for a total value of $6,780,150.00. Following the sale, the chief financial officer now directly owns 700 shares of the company’s stock, valued at $811,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other TransDigm Group news, Director Michael Graff sold 3,460 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the completion of the sale, the director now owns 4,879 shares of the company’s stock, valued at $5,406,761.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Sarah Wynne sold 5,850 shares of TransDigm Group stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $1,159.00, for a total transaction of $6,780,150.00. Following the transaction, the chief financial officer now directly owns 700 shares in the company, valued at $811,300. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 46,087 shares of company stock valued at $53,979,458. 4.96% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on the company. Stifel Nicolaus increased their price target on TransDigm Group from $1,000.00 to $1,050.00 and gave the company a “hold” rating in a research report on Tuesday, January 23rd. Royal Bank of Canada lifted their target price on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Barclays increased their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Monday, February 12th. JPMorgan Chase & Co. lifted their price objective on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 27th. Finally, Susquehanna increased their target price on shares of TransDigm Group from $875.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Friday, February 9th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,137.73.

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.