DF Dent & Co. Inc. Has $222.04 Million Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

DF Dent & Co. Inc. lowered its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 175,210 shares of the aerospace company's stock after selling 4,807 shares during the quarter. TransDigm Group makes up about 2.8% of DF Dent & Co. Inc.'s investment portfolio, making the stock its 6th largest holding. DF Dent & Co. Inc. owned 0.31% of TransDigm Group worth $222,040,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TDG. Public Sector Pension Investment Board increased its holdings in shares of TransDigm Group by 13.9% in the third quarter. Public Sector Pension Investment Board now owns 2,453 shares of the aerospace company's stock valued at $3,501,000 after purchasing an additional 300 shares during the last quarter. Captrust Financial Advisors raised its holdings in TransDigm Group by 0.8% in the 3rd quarter. Captrust Financial Advisors now owns 2,449 shares of the aerospace company's stock valued at $3,494,000 after acquiring an additional 20 shares during the period. Erste Asset Management GmbH bought a new stake in shares of TransDigm Group during the third quarter worth approximately $29,000. Benjamin Edwards Inc. acquired a new position in shares of TransDigm Group in the third quarter valued at approximately $1,550,000. Finally, Ascent Group LLC increased its stake in shares of TransDigm Group by 2.1% during the third quarter. Ascent Group LLC now owns 1,039 shares of the aerospace company's stock worth $1,483,000 after purchasing an additional 21 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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TransDigm Group Stock Performance

TransDigm Group stock traded up $13.59 during mid-day trading on Tuesday, reaching $1,263.14. The stock had a trading volume of 116,603 shares, compared to its average volume of 246,482. TransDigm Group Incorporated has a fifty-two week low of $1,176.31 and a fifty-two week high of $1,451.32. The stock's 50-day simple moving average is $1,342.05 and its 200-day simple moving average is $1,328.34. The firm has a market capitalization of $70.84 billion, a PE ratio of 44.59, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating 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 analyst estimates of $2.03 billion. During the same period last year, the firm earned $7.16 earnings per share. The business's quarterly revenue was up 12.1% compared to the same quarter last year. On average, research analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at approximately $27,942,799.96. This represents a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert J. Small sold 1,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $1,335.22, for a total value of $1,335,220.00. Following the transaction, the director now owns 95,147 shares of the company's stock, valued at $127,042,177.34. The trade was a 1.04 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 124,594 shares of company stock valued at $165,646,468 over the last ninety days. 4.09% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Wells Fargo & Company increased their price objective on TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Susquehanna increased their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 2nd. Barclays reiterated an "equal weight" rating and set a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. UBS Group raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price on the stock in a report on Monday, February 24th. Finally, StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,480.12.

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.