Keybank National Association OH Buys 92 Shares of TransDigm Group Incorporated (NYSE:TDG)

Keybank National Association OH lifted its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 1.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,862 shares of the aerospace company’s stock after acquiring an additional 92 shares during the period. Keybank National Association OH’s holdings in TransDigm Group were worth $7,429,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of TransDigm Group during the third quarter valued at about $29,000. Erste Asset Management GmbH bought a new stake in TransDigm Group in the 3rd quarter valued at about $29,000. Capital Advisors Ltd. LLC raised its stake in TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares during the period. Trust Co. of Vermont boosted its holdings in TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 18 shares during the period. 95.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TDG. Wells Fargo & Company raised TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective on the stock in a report on Monday, February 24th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Citigroup upped their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and cut their price target for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Six analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,472.47.

TransDigm Group Price Performance

NYSE TDG opened at $1,376.10 on Thursday. The business’s fifty day moving average is $1,318.10 and its 200-day moving average is $1,326.26. The stock has a market capitalization of $77.18 billion, a price-to-earnings ratio of 48.54, a PEG ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a one year low of $1,136.27 and a one year high of $1,451.32.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping the consensus estimate of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the previous year, the firm posted $7.16 earnings per share. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. Research analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Buying and Selling

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the sale, the director now directly owns 21,548 shares in the company, valued at $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $1,323.02, for a total value of $3,969,060.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,762,872. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 121,647 shares of company stock valued at $155,847,223. 4.09% of the stock is owned by company insiders.

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.