Duncker Streett & Co. Inc. Acquires 437 Shares of TransDigm Group Incorporated (NYSE:TDG)

Duncker Streett & Co. Inc. grew its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 17.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,002 shares of the aerospace company's stock after purchasing an additional 437 shares during the period. Duncker Streett & Co. Inc.'s holdings in TransDigm Group were worth $3,804,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TDG. CIBC Asset Management Inc increased its stake in TransDigm Group by 8.6% during the 3rd quarter. CIBC Asset Management Inc now owns 8,169 shares of the aerospace company's stock worth $11,658,000 after buying an additional 644 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of TransDigm Group by 3.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 274,620 shares of the aerospace company's stock worth $391,918,000 after acquiring an additional 7,947 shares during the period. Westfield Capital Management Co. LP boosted its holdings in TransDigm Group by 2.4% in the third quarter. Westfield Capital Management Co. LP now owns 372,061 shares of the aerospace company's stock valued at $530,980,000 after purchasing an additional 8,655 shares during the period. JPMorgan Chase & Co. grew its stake in TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after purchasing an additional 173,642 shares in the last quarter. Finally, Swiss National Bank increased its holdings in TransDigm Group by 0.9% during the 3rd quarter. Swiss National Bank now owns 166,100 shares of the aerospace company's stock worth $237,046,000 after purchasing an additional 1,400 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TDG shares. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a "buy" rating to a "hold" rating and lowered their target price for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup upped their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price for the company in a research report on Monday, February 24th. Wells Fargo & Company upgraded shares of TransDigm Group from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Finally, StockNews.com raised TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,472.47.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $11,046,584.64. This represents a 71.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $1,323.02, for a total value of $3,969,060.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,762,872. This represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 121,647 shares of company stock worth $155,847,223 over the last ninety days. Corporate insiders own 4.09% of the company's stock.

TransDigm Group Price Performance

Shares of NYSE TDG traded up $15.48 during mid-day trading on Wednesday, hitting $1,365.29. The company had a trading volume of 57,295 shares, compared to its average volume of 252,530. TransDigm Group Incorporated has a 12 month low of $1,136.27 and a 12 month high of $1,451.32. The stock has a market cap of $76.57 billion, a price-to-earnings ratio of 48.13, a PEG ratio of 2.76 and a beta of 1.40. The firm's 50 day simple moving average is $1,316.62 and its two-hundred day simple moving average is $1,325.91.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) 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 business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period last year, the business posted $7.16 EPS. TransDigm Group's revenue was up 12.1% compared to the same quarter last year. Equities analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

TransDigm Group 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.