TransDigm Group Incorporated (NYSE:TDG) Stock Holdings Boosted by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. boosted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 49.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 370 shares of the aerospace company’s stock after buying an additional 123 shares during the period. Rockefeller Capital Management L.P.’s holdings in TransDigm Group were worth $208,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan lifted its stake in shares of TransDigm Group by 3.0% during the third quarter. Municipal Employees Retirement System of Michigan now owns 690 shares of the aerospace company’s stock valued at $359,000 after acquiring an additional 20 shares during the period. Winslow Evans & Crocker Inc. raised its position in shares of TransDigm Group by 16.7% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 140 shares of the aerospace company’s stock valued at $80,000 after acquiring an additional 20 shares during the period. Wetherby Asset Management Inc. boosted its stake in TransDigm Group by 0.5% during the 3rd quarter. Wetherby Asset Management Inc. now owns 4,085 shares of the aerospace company’s stock worth $2,127,000 after acquiring an additional 21 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in TransDigm Group by 46.8% during the 3rd quarter. Parkside Financial Bank & Trust now owns 69 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 22 shares during the last quarter. Finally, Mirador Capital Partners LP grew its holdings in TransDigm Group by 3.2% during the fourth quarter. Mirador Capital Partners LP now owns 732 shares of the aerospace company’s stock valued at $410,000 after purchasing an additional 23 shares during the period. 78.83% of the stock is currently owned by hedge funds and other institutional investors.

TDG stock traded down $0.86 during midday trading on Friday, hitting $548.61. The company’s stock had a trading volume of 45,453 shares, compared to its average volume of 385,263. The company’s fifty day moving average price is $632.62 and its 200 day moving average price is $565.62. TransDigm Group Incorporated has a twelve month low of $421.98 and a twelve month high of $673.51. The stock has a market capitalization of $30.31 billion, a P/E ratio of 42.27, a PEG ratio of 2.24 and a beta of 0.97.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $4.93 EPS for the quarter, topping the Zacks’ consensus estimate of $4.13 by $0.80. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. TransDigm Group had a net margin of 13.87% and a negative return on equity of 45.77%. The company’s quarterly revenue was up 47.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.85 EPS. As a group, equities research analysts forecast that TransDigm Group Incorporated will post 19.9 earnings per share for the current fiscal year.

In related news, EVP Bernt G. Iversen II sold 8,333 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $560.51, for a total value of $4,670,729.83. Following the completion of the sale, the executive vice president now directly owns 12,643 shares in the company, valued at approximately $7,086,527.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman W Nicholas Howley sold 17,083 shares of TransDigm Group stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $567.51, for a total value of $9,694,773.33. The disclosure for this sale can be found here. Insiders have sold 87,817 shares of company stock valued at $52,905,963 over the last three months. Insiders own 7.51% of the company’s stock.

Several equities research analysts have weighed in on the stock. Robert W. Baird increased their target price on shares of TransDigm Group from $610.00 to $620.00 and gave the stock a “neutral” rating in a report on Wednesday, February 5th. Cowen restated a “buy” rating and set a $655.00 target price on shares of TransDigm Group in a report on Tuesday, February 4th. Berenberg Bank reiterated a “buy” rating and issued a $700.00 price target on shares of TransDigm Group in a report on Wednesday, January 22nd. Credit Suisse Group increased their price objective on shares of TransDigm Group from $589.13 to $693.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Finally, SunTrust Banks boosted their price objective on shares of TransDigm Group from $560.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $617.54.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

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Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

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