MorganRosel Wealth Management LLC Grows Holdings in TransDigm Group Incorporated (NYSE:TDG)

MorganRosel Wealth Management LLC grew its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 787 shares of the aerospace company’s stock after buying an additional 31 shares during the quarter. MorganRosel Wealth Management LLC’s holdings in TransDigm Group were worth $997,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. First Personal Financial Services bought a new stake in TransDigm Group during the third quarter worth about $29,000. Erste Asset Management GmbH purchased a new position in shares of TransDigm Group during the 3rd quarter valued at about $29,000. Capital Advisors Ltd. LLC lifted its position in TransDigm Group by 200.0% in 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 last quarter. Trust Co. of Vermont boosted its stake 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 buying an additional 15 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in TransDigm Group by 225.0% during 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 last quarter. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,181,755.06. The trade was a 71.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert J. Small sold 38,053 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the completion of the sale, the director now directly owns 567,323 shares in the company, valued at approximately $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 118,647 shares of company stock valued at $151,878,163. Corporate insiders own 4.09% of the company’s stock.

Analysts Set New Price Targets

TDG has been the subject of a number of recent research reports. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Barclays reaffirmed an “equal weight” rating and set a $1,500.00 price objective on shares of TransDigm Group in a research note on Monday, January 6th. Citigroup boosted their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,472.47.

TransDigm Group Stock Up 1.9 %

Shares of TDG stock opened at $1,314.99 on Tuesday. The business’s fifty day moving average is $1,307.41 and its 200 day moving average is $1,321.84. The stock has a market cap of $73.75 billion, a price-to-earnings ratio of 46.38, a PEG ratio of 2.76 and a beta of 1.40. TransDigm Group Incorporated has a twelve month low of $1,136.27 and a twelve month high of $1,451.32.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the prior year, the firm earned $7.16 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. Equities research analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.