Livforsakringsbolaget Skandia Omsesidigt Reduces Holdings in TransDigm Group Incorporated (NYSE:TDG)

Livforsakringsbolaget Skandia Omsesidigt lowered its position in shares of TransDigm Group Incorporated (NYSE:TDGGet Rating) by 74.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 139 shares of the aerospace company’s stock after selling 400 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in TransDigm Group were worth $88,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TDG. Marshall Wace LLP purchased a new stake in shares of TransDigm Group during the first quarter valued at approximately $47,000. American Century Companies Inc. grew its position in shares of TransDigm Group by 16.9% during the third quarter. American Century Companies Inc. now owns 828 shares of the aerospace company’s stock worth $518,000 after buying an additional 120 shares in the last quarter. First Republic Investment Management Inc. grew its position in shares of TransDigm Group by 4.2% during the third quarter. First Republic Investment Management Inc. now owns 21,102 shares of the aerospace company’s stock worth $13,180,000 after buying an additional 855 shares in the last quarter. Bank of Nova Scotia grew its position in shares of TransDigm Group by 19.8% during the third quarter. Bank of Nova Scotia now owns 8,672 shares of the aerospace company’s stock worth $5,417,000 after buying an additional 1,431 shares in the last quarter. Finally, WMS Partners LLC grew its position in shares of TransDigm Group by 39.2% during the third quarter. WMS Partners LLC now owns 1,101 shares of the aerospace company’s stock worth $688,000 after buying an additional 310 shares in the last quarter. Institutional investors own 99.33% of the company’s stock.

Shares of TransDigm Group stock opened at $579.59 on Wednesday. The company’s 50-day moving average price is $620.87 and its two-hundred day moving average price is $626.02. TransDigm Group Incorporated has a 52 week low of $531.23 and a 52 week high of $688.03. The stock has a market cap of $32.15 billion, a PE ratio of 40.33, a price-to-earnings-growth ratio of 1.70 and a beta of 1.43.

TransDigm Group (NYSE:TDGGet Rating) last issued its quarterly earnings results on Tuesday, May 10th. The aerospace company reported $3.29 EPS for the quarter, missing the consensus estimate of $3.31 by ($0.02). TransDigm Group had a negative return on equity of 27.39% and a net margin of 17.70%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the firm posted $2.29 earnings per share. TransDigm Group’s revenue was up 11.1% compared to the same quarter last year. Equities research analysts anticipate that TransDigm Group Incorporated will post 14.31 EPS for the current fiscal year.

In related news, Director Robert J. Small acquired 19,398 shares of the business’s stock in a transaction on Thursday, May 19th. The shares were purchased at an average price of $544.09 per share, for a total transaction of $10,554,257.82. Following the acquisition, the director now owns 185,086 shares in the company, valued at $100,703,441.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Raymond F. Laubenthal sold 5,000 shares of the business’s stock in a transaction dated Tuesday, March 22nd. The stock was sold at an average price of $670.00, for a total value of $3,350,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,000 shares of company stock worth $17,890,485. 9.13% of the stock is owned by company insiders.

TDG has been the subject of a number of recent analyst reports. Morgan Stanley raised their price target on shares of TransDigm Group from $762.00 to $801.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 9th. StockNews.com downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating in a research report on Thursday, May 19th. Susquehanna decreased their price objective on shares of TransDigm Group from $720.00 to $620.00 in a report on Wednesday, May 11th. Susquehanna Bancshares decreased their price objective on shares of TransDigm Group from $720.00 to $620.00 in a report on Wednesday, May 11th. Finally, Wells Fargo & Company decreased their price objective on shares of TransDigm Group from $700.00 to $620.00 in a report on Wednesday, May 11th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $707.33.

About TransDigm Group (Get Rating)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its 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.

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

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