Marble Arch Investments LP lessened its holdings in TransDigm Group Incorporated (NYSE:TDG) by 18.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 198,700 shares of the aerospace company’s stock after selling 45,300 shares during the quarter. TransDigm Group makes up approximately 4.2% of Marble Arch Investments LP’s holdings, making the stock its 12th biggest holding. Marble Arch Investments LP owned about 0.38% of TransDigm Group worth $54,567,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Vident Investment Advisory LLC boosted its stake in shares of TransDigm Group by 75.4% in the 3rd quarter. Vident Investment Advisory LLC now owns 1,179 shares of the aerospace company’s stock valued at $301,000 after purchasing an additional 507 shares during the last quarter. Allen Investment Management LLC boosted its stake in shares of TransDigm Group by 4.7% in the 3rd quarter. Allen Investment Management LLC now owns 403,787 shares of the aerospace company’s stock valued at $103,228,000 after purchasing an additional 17,946 shares during the last quarter. BlackRock Inc. boosted its stake in shares of TransDigm Group by 1.2% in the 4th quarter. BlackRock Inc. now owns 4,156,622 shares of the aerospace company’s stock valued at $1,141,491,000 after purchasing an additional 48,978 shares during the last quarter. Alps Advisors Inc. bought a new position in shares of TransDigm Group in the 4th quarter valued at about $205,000. Finally, Vantage Financial Partners Ltd. Inc. boosted its stake in shares of TransDigm Group by 65.0% in the 4th quarter. Vantage Financial Partners Ltd. Inc. now owns 3,300 shares of the aerospace company’s stock valued at $901,000 after purchasing an additional 1,300 shares during the last quarter.
Shares of TransDigm Group Incorporated (TDG) opened at $289.51 on Wednesday. The company has a debt-to-equity ratio of -4.38, a quick ratio of 1.86 and a current ratio of 2.76. The company has a market cap of $15,032.54, a P/E ratio of 23.81, a price-to-earnings-growth ratio of 1.47 and a beta of 0.85. TransDigm Group Incorporated has a fifty-two week low of $203.72 and a fifty-two week high of $321.38.
In other TransDigm Group news, Director Raymond F. Laubenthal sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $277.48, for a total transaction of $1,664,880.00. Following the sale, the director now directly owns 75,818 shares in the company, valued at approximately $21,037,978.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Alex Feil sold 5,444 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $280.85, for a total transaction of $1,528,947.40. Following the sale, the insider now owns 5,444 shares in the company, valued at $1,528,947.40. The disclosure for this sale can be found here. Insiders have sold a total of 45,244 shares of company stock worth $13,178,555 over the last 90 days. Corporate insiders own 11.45% of the company’s stock.
TDG has been the topic of several recent analyst reports. Zacks Investment Research raised shares of TransDigm Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Royal Bank of Canada set a $346.00 price objective on shares of TransDigm Group and gave the stock a “buy” rating in a research note on Thursday, November 16th. JPMorgan Chase & Co. lowered shares of TransDigm Group from a “neutral” rating to an “underweight” rating in a research note on Tuesday, December 12th. Jefferies Group reissued a “hold” rating and set a $285.00 price objective on shares of TransDigm Group in a research note on Monday, January 8th. Finally, SunTrust Banks reissued a “buy” rating on shares of TransDigm Group in a research note on Friday, January 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $312.65.
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TransDigm Group 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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