Keybank National Association OH Has $3.36 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Keybank National Association OH lessened its stake in TransDigm Group Incorporated (NYSE:TDG) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,447 shares of the aerospace company’s stock after selling 186 shares during the quarter. Keybank National Association OH’s holdings in TransDigm Group were worth $3,357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in TransDigm Group by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 5,120,651 shares of the aerospace company’s stock valued at $2,477,370,000 after acquiring an additional 94,963 shares in the last quarter. BlackRock Inc. increased its position in TransDigm Group by 3.6% in the 2nd quarter. BlackRock Inc. now owns 3,697,541 shares of the aerospace company’s stock valued at $1,788,870,000 after acquiring an additional 127,743 shares in the last quarter. Windacre Partnership LLC increased its position in TransDigm Group by 5.9% in the 2nd quarter. Windacre Partnership LLC now owns 1,238,000 shares of the aerospace company’s stock valued at $598,944,000 after acquiring an additional 69,100 shares in the last quarter. Invesco Ltd. increased its position in TransDigm Group by 10.5% in the 2nd quarter. Invesco Ltd. now owns 689,545 shares of the aerospace company’s stock valued at $333,602,000 after acquiring an additional 65,794 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in TransDigm Group by 294.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 551,857 shares of the aerospace company’s stock valued at $262,728,000 after acquiring an additional 412,007 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

In related news, EVP James Skulina sold 5,000 shares of TransDigm Group stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $509.52, for a total transaction of $2,547,600.00. Following the transaction, the executive vice president now owns 9,000 shares of the company’s stock, valued at approximately $4,585,680. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bernt G. Iversen II sold 8,333 shares of TransDigm Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $536.99, for a total transaction of $4,474,737.67. Following the transaction, the insider now directly owns 12,643 shares in the company, valued at approximately $6,789,164.57. The disclosure for this sale can be found here. Insiders sold a total of 298,083 shares of company stock worth $158,068,182 in the last ninety days. Insiders own 11.89% of the company’s stock.

Several equities research analysts have weighed in on TDG shares. SunTrust Banks raised their price objective on shares of TransDigm Group to $560.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. UBS Group raised their target price on shares of TransDigm Group to $605.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. Cowen reaffirmed a “buy” rating and issued a $590.00 target price on shares of TransDigm Group in a research note on Wednesday, September 18th. ValuEngine lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Morgan Stanley reduced their target price on shares of TransDigm Group from $570.00 to $560.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $558.82.

Shares of NYSE TDG traded up $2.78 during mid-day trading on Friday, hitting $541.08. The company’s stock had a trading volume of 193,392 shares, compared to its average volume of 325,280. The stock has a market cap of $28.58 billion, a price-to-earnings ratio of 31.85, a price-to-earnings-growth ratio of 2.26 and a beta of 0.95. TransDigm Group Incorporated has a one year low of $311.46 and a one year high of $555.27. The company’s fifty day simple moving average is $523.78 and its 200-day simple moving average is $499.79.

TransDigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, 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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