Transdigm Group Incorporated (TDG) Position Lifted by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC increased its stake in Transdigm Group Incorporated (NYSE:TDG) by 12.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 222,853 shares of the aerospace company’s stock after buying an additional 24,841 shares during the period. Transdigm Group accounts for about 2.4% of Mar Vista Investment Partners LLC’s portfolio, making the stock its 19th largest position. Mar Vista Investment Partners LLC owned 0.43% of Transdigm Group worth $56,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of TDG. OppenheimerFunds Inc. increased its stake in Transdigm Group by 19.8% in the 1st quarter. OppenheimerFunds Inc. now owns 1,702 shares of the aerospace company’s stock worth $375,000 after buying an additional 281 shares during the period. Thrivent Financial For Lutherans increased its stake in Transdigm Group by 5.2% in the 1st quarter. Thrivent Financial For Lutherans now owns 1,830 shares of the aerospace company’s stock worth $403,000 after buying an additional 90 shares during the period. Dimensional Fund Advisors LP grew its holdings in Transdigm Group by 0.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 129,446 shares of the aerospace company’s stock worth $28,498,000 after acquiring an additional 1,113 shares in the last quarter. Bank of Montreal Can grew its holdings in Transdigm Group by 12.3% during the 2nd quarter. Bank of Montreal Can now owns 20,742 shares of the aerospace company’s stock worth $5,576,000 after acquiring an additional 2,279 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. grew its holdings in Transdigm Group by 503.9% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 8,593 shares of the aerospace company’s stock worth $2,310,000 after acquiring an additional 7,170 shares in the last quarter.

In related 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 value of $3,956,100.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Raymond F. Laubenthal sold 6,000 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $254.19, for a total transaction of $1,525,140.00. Following the completion of the sale, the director now owns 75,701 shares in the company, valued at $19,242,437.19. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,000 shares of company stock worth $7,063,920. Corporate insiders own 10.52% of the company’s stock.

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Shares of Transdigm Group Incorporated (TDG) traded up $5.00 during midday trading on Thursday, reaching $270.16. 136,667 shares of the company traded hands, compared to its average volume of 817,634. The stock has a market cap of $13,926.24, a price-to-earnings ratio of 22.50, a PEG ratio of 2.26 and a beta of 0.50. The company has a debt-to-equity ratio of -3.86, a quick ratio of 1.51 and a current ratio of 2.36. Transdigm Group Incorporated has a 12 month low of $203.72 and a 12 month high of $295.00.

Transdigm Group (NYSE:TDG) last announced its earnings results on Thursday, November 9th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, topping 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 30.13%. The company had revenue of $923.89 million for the quarter, compared to analysts’ expectations of $959.77 million. During the same quarter in the previous year, the company posted $3.29 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. research analysts predict that Transdigm Group Incorporated will post 12.5 EPS for the current fiscal year.

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $316.00 price target on shares of Transdigm Group in a report on Friday, September 1st. SunTrust Banks, Inc. restated a “buy” rating and issued a $300.00 price target on shares of Transdigm Group in a report on Monday, October 2nd. Credit Suisse Group restated an “outperform” rating and issued a $320.00 price target (up from $301.00) on shares of Transdigm Group in a report on Thursday, August 10th. They noted that the move was a valuation call. Deutsche Bank AG raised their price target on shares of Transdigm Group from $305.00 to $320.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, Robert W. Baird restated a “buy” rating and issued a $300.00 price target on shares of Transdigm Group in a report on Thursday, October 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Transdigm Group currently has an average rating of “Buy” and an average price target of $296.87.

Transdigm Group Company Profile

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.

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

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