Stevens Capital Management LP Acquires Shares of 7,433 Transdigm Group Incorporated (TDG)

Stevens Capital Management LP acquired a new stake in Transdigm Group Incorporated (NYSE:TDG) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,433 shares of the aerospace company’s stock, valued at approximately $1,900,000.

A number of other large investors have also recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Transdigm Group by 4.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 7,887 shares of the aerospace company’s stock valued at $2,016,000 after acquiring an additional 317 shares during the last quarter. Country Trust Bank grew its stake in shares of Transdigm Group by 13.4% during the third quarter. Country Trust Bank now owns 97,834 shares of the aerospace company’s stock worth $25,011,000 after buying an additional 11,595 shares during the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of Transdigm Group by 0.7% during the third quarter. State Board of Administration of Florida Retirement System now owns 71,885 shares of the aerospace company’s stock worth $18,377,000 after buying an additional 470 shares during the last quarter. Wedge Capital Management L L P NC grew its stake in shares of Transdigm Group by 2.9% during the third quarter. Wedge Capital Management L L P NC now owns 690,507 shares of the aerospace company’s stock worth $176,528,000 after buying an additional 19,668 shares during the last quarter. Finally, Intact Investment Management Inc. bought a new stake in shares of Transdigm Group during the third quarter worth $1,841,000.

In other news, VP Robert S. Henderson sold 15,000 shares of the business’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $263.74, for a total transaction of $3,956,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Raymond F. Laubenthal sold 6,000 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $254.19, for a total transaction of $1,525,140.00. Following the sale, the director now directly owns 75,701 shares of the company’s stock, valued at $19,242,437.19. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,000 shares of company stock valued at $8,729,280. Insiders own 10.52% of the company’s stock.

Shares of Transdigm Group Incorporated (NYSE:TDG) opened at $267.00 on Friday. Transdigm Group Incorporated has a 52 week low of $203.72 and a 52 week high of $295.00. The company has a quick ratio of 2.25, a current ratio of 3.27 and a debt-to-equity ratio of -5.71. The firm has a market cap of $13,890.41, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 2.21 and a beta of 0.50.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Thursday, November 9th. The aerospace company reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.18 by $0.30. Transdigm Group had a net margin of 12.44% and a negative return on equity of 34.08%. The firm had revenue of $923.89 million during the quarter, compared to the consensus estimate of $959.77 million. During the same period in the previous year, the firm posted $3.29 earnings per share. The business’s revenue was up 5.6% compared to the same quarter last year. equities research analysts predict that Transdigm Group Incorporated will post 12.76 EPS for the current year.

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A number of analysts have weighed in on TDG shares. Royal Bank Of Canada reaffirmed a “buy” rating and set a $316.00 target price on shares of Transdigm Group in a research note on Friday, September 1st. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $300.00 target price on shares of Transdigm Group in a research note on Monday, October 2nd. Credit Suisse Group reaffirmed an “outperform” rating and set a $320.00 target price (up previously from $301.00) on shares of Transdigm Group in a research note on Thursday, August 10th. They noted that the move was a valuation call. Deutsche Bank AG boosted their target price on shares of Transdigm Group from $305.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $300.00 target price on shares of Transdigm Group in a research note on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $295.11.

About Transdigm Group

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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

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