Diversified Trust Co Has $5.09 Million Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Diversified Trust Co lifted its holdings in TransDigm Group Incorporated (NYSE:TDG) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,017 shares of the aerospace company’s stock after purchasing an additional 202 shares during the quarter. Diversified Trust Co’s holdings in TransDigm Group were worth $5,091,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TDG. First Personal Financial Services bought a new position in shares of TransDigm Group in the third quarter worth about $29,000. Erste Asset Management GmbH acquired a new stake in shares of TransDigm Group in the third quarter valued at approximately $29,000. Versant Capital Management Inc lifted its holdings in TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after buying an additional 18 shares in the last quarter. Meeder Asset Management Inc. lifted its holdings in TransDigm Group by 275.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company’s stock worth $38,000 after buying an additional 22 shares in the last quarter. Finally, DT Investment Partners LLC boosted its position in TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after buying an additional 11 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Stock Up 0.9 %

Shares of TDG traded up $11.87 on Tuesday, hitting $1,263.19. The company’s stock had a trading volume of 54,454 shares, compared to its average volume of 233,252. The firm has a market capitalization of $71.03 billion, a price-to-earnings ratio of 49.34, a P/E/G ratio of 2.89 and a beta of 1.38. The firm’s fifty day moving average price is $1,285.08 and its 200-day moving average price is $1,307.31. TransDigm Group Incorporated has a fifty-two week low of $975.00 and a fifty-two week high of $1,451.32.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TDG. KeyCorp boosted their target price on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Wells Fargo & Company cut their target price on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 11th. Barclays reiterated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research report on Monday. StockNews.com lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Finally, JPMorgan Chase & Co. lifted their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,452.00.

Insider Buying and Selling

In related news, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the completion of the transaction, the director now owns 21,548 shares of the company’s stock, valued at approximately $30,228,611.80. This trade represents a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,181,755.06. This trade represents a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 69,525 shares of company stock valued at $88,134,141. Company insiders own 4.96% of the company’s stock.

TransDigm Group Company 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.