200 Shares in TransDigm Group Incorporated (NYSE:TDG) Purchased by Horan Capital Advisors LLC.

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Horan Capital Advisors LLC. bought a new position in shares of TransDigm Group Incorporated (NYSE:TDG) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 200 shares of the aerospace company’s stock, valued at approximately $104,000.

Several other hedge funds also recently made changes to their positions in TDG. Nuveen Asset Management LLC boosted its holdings in shares of TransDigm Group by 2,139.2% during the 2nd quarter. Nuveen Asset Management LLC now owns 550,868 shares of the aerospace company’s stock worth $266,510,000 after buying an additional 526,267 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of TransDigm Group by 294.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 551,857 shares of the aerospace company’s stock worth $262,728,000 after buying an additional 412,007 shares during the period. Egerton Capital UK LLP bought a new stake in shares of TransDigm Group during the 2nd quarter worth about $192,825,000. BlackRock Inc. boosted its holdings in shares of TransDigm Group by 3.6% during the 2nd quarter. BlackRock Inc. now owns 3,697,541 shares of the aerospace company’s stock worth $1,788,870,000 after buying an additional 127,743 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of TransDigm Group by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 5,120,651 shares of the aerospace company’s stock worth $2,477,370,000 after buying an additional 94,963 shares during the period. 99.61% of the stock is owned by institutional investors and hedge funds.

Several analysts recently commented on TDG shares. Credit Suisse Group lifted their target price on shares of TransDigm Group from $582.66 to $584.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Cowen reaffirmed a “buy” rating and set a $590.00 target price on shares of TransDigm Group in a report on Wednesday, September 18th. UBS Group lifted their target price on shares of TransDigm Group to $605.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Barclays set a $610.00 target price on shares of TransDigm Group and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, SunTrust Banks lifted their target price on shares of TransDigm Group to $560.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $558.82.

TransDigm Group stock traded down $8.80 during midday trading on Tuesday, hitting $513.13. The company’s stock had a trading volume of 16,393 shares, compared to its average volume of 247,786. TransDigm Group Incorporated has a 1-year low of $307.36 and a 1-year high of $555.27. The company has a 50-day moving average price of $522.46 and a two-hundred day moving average price of $493.70. The company has a market cap of $28.11 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 2.17 and a beta of 0.95.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 6th. The aerospace company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.01 by $0.94. TransDigm Group had a net margin of 15.26% and a negative return on equity of 59.21%. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the company earned $3.59 EPS. The business’s revenue was up 69.1% on a year-over-year basis. As a group, equities research analysts forecast that TransDigm Group Incorporated will post 16.92 earnings per share for the current fiscal year.

In other news, CEO Kevin M. Stein sold 9,900 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $519.08, for a total value of $5,138,892.00. Following the completion of the transaction, the chief executive officer now directly owns 11,247 shares in the company, valued at approximately $5,838,092.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP James Skulina sold 5,000 shares of the business’s 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 completion of the transaction, the executive vice president now owns 9,000 shares of the company’s stock, valued at $4,585,680. The disclosure for this sale can be found here. Insiders sold a total of 315,166 shares of company stock valued at $167,423,687 in the last quarter. Corporate insiders own 11.00% 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 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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