Los Angeles Capital Management LLC Buys 522 Shares of TransDigm Group Incorporated (NYSE:TDG)

Los Angeles Capital Management LLC raised its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 14,178 shares of the aerospace company's stock after acquiring an additional 522 shares during the period. Los Angeles Capital Management LLC's holdings in TransDigm Group were worth $20,234,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Souders Financial Advisors grew its holdings in shares of TransDigm Group by 1.1% in the 1st quarter. Souders Financial Advisors now owns 767 shares of the aerospace company's stock valued at $945,000 after buying an additional 8 shares during the period. Bennett Selby Investments LP raised its stake in shares of TransDigm Group by 2.4% in the 2nd quarter. Bennett Selby Investments LP now owns 336 shares of the aerospace company's stock valued at $429,000 after purchasing an additional 8 shares during the period. Meeder Advisory Services Inc. lifted its holdings in shares of TransDigm Group by 1.2% in the first quarter. Meeder Advisory Services Inc. now owns 750 shares of the aerospace company's stock valued at $924,000 after purchasing an additional 9 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of TransDigm Group by 1.2% during the first quarter. B. Riley Wealth Advisors Inc. now owns 763 shares of the aerospace company's stock worth $940,000 after buying an additional 9 shares during the period. Finally, Csenge Advisory Group grew its holdings in shares of TransDigm Group by 0.3% during the second quarter. Csenge Advisory Group now owns 3,723 shares of the aerospace company's stock worth $4,757,000 after buying an additional 10 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on TDG shares. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Monday. KeyCorp increased their target price on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an "overweight" rating in a report on Thursday, October 24th. Morgan Stanley lifted their price target on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the company an "overweight" rating in a research note on Wednesday, August 7th. Wells Fargo & Company decreased their price objective on TransDigm Group from $1,390.00 to $1,350.00 and set an "equal weight" rating for the company in a report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a "buy" rating in a report on Thursday, October 3rd. Seven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $1,461.82.

TransDigm Group Stock Performance

Shares of TransDigm Group stock traded up $23.78 on Monday, reaching $1,374.76. 209,950 shares of the stock were exchanged, compared to its average volume of 216,728. The firm's 50 day moving average is $1,368.14 and its 200-day moving average is $1,317.19. The firm has a market cap of $77.14 billion, a PE ratio of 53.70, a P/E/G ratio of 1.83 and a beta of 1.43. TransDigm Group Incorporated has a one year low of $949.99 and a one year high of $1,451.32.

TransDigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were issued a dividend of $75.00 per share. This is a positive change from TransDigm Group's previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

Insider Buying and Selling at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total value of $7,531,770.24. Following the sale, the director now owns 21,548 shares of the company's stock, valued at $29,659,098.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,953,204. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the completion of the transaction, the director now directly owns 21,548 shares in the company, valued at $29,659,098.16. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,944 shares of company stock worth $23,541,085. 4.96% of the stock is currently owned by company insiders.

About TransDigm Group

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.