PYA Waltman Capital LLC cut its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,468 shares of the aerospace company's stock after selling 476 shares during the quarter. TransDigm Group accounts for 5.3% of PYA Waltman Capital LLC's portfolio, making the stock its 6th largest position. PYA Waltman Capital LLC's holdings in TransDigm Group were worth $16,366,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the company. First Personal Financial Services purchased a new position in shares of TransDigm Group during the 3rd quarter valued at approximately $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group during the 3rd quarter valued at $29,000. Meeder Asset Management Inc. boosted its stake in TransDigm Group by 275.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company's stock valued at $38,000 after acquiring an additional 22 shares during the last quarter. DT Investment Partners LLC grew its holdings in TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock worth $39,000 after acquiring an additional 11 shares in the last quarter. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of TransDigm Group in the 2nd quarter valued at about $41,000. 95.78% of the stock is owned by institutional investors and hedge funds.
TransDigm Group Price Performance
Shares of TDG traded down $20.72 during trading hours on Monday, reaching $1,258.49. 243,379 shares of the company's stock traded hands, compared to its average volume of 226,932. TransDigm Group Incorporated has a twelve month low of $972.08 and a twelve month high of $1,451.32. The business's fifty day simple moving average is $1,333.48 and its two-hundred day simple moving average is $1,315.75. The firm has a market capitalization of $70.76 billion, a price-to-earnings ratio of 49.97, a P/E/G ratio of 2.93 and a beta of 1.39.
TransDigm Group Increases Dividend
The business also recently declared a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were given a dividend of $75.00 per share. This is an increase from TransDigm Group's previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.
Insider Transactions at TransDigm Group
In related news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the transaction, the director now directly owns 21,548 shares of the company's stock, valued at $30,228,611.80. The trade was a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated 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 directly owns 3,600 shares of the company's stock, valued at $4,953,204. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 16,944 shares of company stock valued at $23,541,085. Company insiders own 4.96% of the company's stock.
Analysts Set New Price Targets
TDG has been the subject of a number of research reports. Jefferies Financial Group decreased their price target on TransDigm Group from $1,625.00 to $1,515.00 and set a "buy" rating for the company in a research note on Tuesday, August 13th. Deutsche Bank Aktiengesellschaft boosted their price target on TransDigm Group from $1,524.00 to $1,577.00 and gave the company a "buy" rating in a report on Thursday, October 3rd. StockNews.com cut TransDigm Group from a "buy" rating to a "hold" rating in a research note on Friday. JPMorgan Chase & Co. boosted their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a "neutral" rating in a research note on Monday, October 14th. Finally, KeyCorp raised their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $1,464.00.
Get Our Latest Analysis on TDG
TransDigm Group Profile
(
Free Report)
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.
See Also
![Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NYSE&Symbol=TDG)
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