Marble Arch Investments LP cut its position in TransDigm Group Incorporated (NYSE:TDG) by 18.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,700 shares of the aerospace company’s stock after selling 45,300 shares during the quarter. TransDigm Group comprises approximately 4.2% of Marble Arch Investments LP’s holdings, making the stock its 12th biggest position. Marble Arch Investments LP’s holdings in TransDigm Group were worth $54,567,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of TransDigm Group by 43.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519 shares of the aerospace company’s stock valued at $142,000 after buying an additional 158 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of TransDigm Group by 540.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 538 shares of the aerospace company’s stock valued at $148,000 after buying an additional 454 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of TransDigm Group by 45.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 646 shares of the aerospace company’s stock valued at $177,000 after buying an additional 202 shares in the last quarter. Neville Rodie & Shaw Inc. bought a new position in shares of TransDigm Group in the fourth quarter valued at $205,000. Finally, Alps Advisors Inc. bought a new position in shares of TransDigm Group in the fourth quarter valued at $205,000.
Several equities analysts recently weighed in on the stock. Morgan Stanley reissued an “equal weight” rating and issued a $306.00 target price (up from $290.00) on shares of TransDigm Group in a research note on Friday, February 23rd. Stephens raised shares of TransDigm Group to a “hold” rating in a research note on Thursday, February 22nd. Zacks Investment Research raised shares of TransDigm Group from a “hold” rating to a “buy” rating and set a $317.00 target price for the company in a research note on Monday, February 12th. Bank of America raised their target price on shares of TransDigm Group from $305.00 to $350.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Jefferies Group set a $323.00 target price on shares of TransDigm Group and gave the company a “hold” rating in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $312.65.
TransDigm Group Incorporated (TDG) opened at $289.51 on Wednesday. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of -4.38. TransDigm Group Incorporated has a 52-week low of $203.72 and a 52-week high of $321.38. The company has a market cap of $15,032.54, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 1.47 and a beta of 0.85.
TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 6th. The aerospace company reported $2.43 EPS for the quarter, missing the Zacks’ consensus estimate of $2.64 by ($0.21). TransDigm Group had a negative return on equity of 27.70% and a net margin of 18.95%. The company had revenue of $847.96 million for the quarter, compared to the consensus estimate of $860.12 million. During the same period last year, the firm earned $2.57 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. equities analysts predict that TransDigm Group Incorporated will post 16.69 EPS for the current year.
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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