Unigestion Holding SA Purchases New Holdings in TransDigm Group Incorporated (NYSE:TDG)

Unigestion Holding SA bought a new stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,034 shares of the aerospace company's stock, valued at approximately $1,476,000.

Several other large investors have also recently modified their holdings of TDG. First Personal Financial Services purchased a new position in shares of TransDigm Group during the third quarter valued at approximately $29,000. Erste Asset Management GmbH purchased a new stake in TransDigm Group during the 3rd quarter valued at $29,000. DT Investment Partners LLC grew its holdings in shares of TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock worth $39,000 after acquiring an additional 11 shares during the period. Meeder Asset Management Inc. boosted its holdings in shares of TransDigm Group by 275.0% in the second quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company's stock worth $38,000 after buying an additional 22 shares during the last quarter. Finally, Hershey Financial Advisers LLC purchased a new position in shares of TransDigm Group during the 2nd quarter worth $41,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Down 1.1 %

Shares of TransDigm Group stock traded down $13.37 during mid-day trading on Wednesday, hitting $1,248.20. The stock had a trading volume of 220,147 shares, compared to its average volume of 226,950. TransDigm Group Incorporated has a 12-month low of $972.08 and a 12-month high of $1,451.32. The firm has a market cap of $70.19 billion, a P/E ratio of 48.75, a price-to-earnings-growth ratio of 2.93 and a beta of 1.39. The firm has a 50-day moving average of $1,326.65 and a two-hundred day moving average of $1,314.62.

TransDigm Group Increases Dividend

The business also recently declared a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were paid a $75.00 dividend. This is an increase from TransDigm Group's previous special dividend of $32.50. The ex-dividend date was Friday, October 4th.

Wall Street Analyst Weigh In

Several research analysts have weighed in on TDG shares. JPMorgan Chase & Co. upped their price target on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research note on Monday, October 14th. Citigroup raised their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a report on Thursday, December 5th. StockNews.com lowered shares of TransDigm Group from a "buy" rating to a "hold" rating in a report on Friday, December 6th. Jefferies Financial Group reduced their price target on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a "buy" rating for the company in a research report on Tuesday, August 13th. Finally, Wells Fargo & Company lowered their price objective on TransDigm Group from $1,500.00 to $1,375.00 and set an "equal weight" rating on the stock in a report on Wednesday. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,465.47.

Insiders Place Their Bets

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 21,548 shares of the company's stock, valued at approximately $30,228,611.80. This represents a 20.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total value of $4,205,250.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $5,046,300. This represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,944 shares of company stock worth $23,541,085 over the last ninety days. Corporate 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.