Townsquare Capital LLC Has $5.53 Million Position in TransDigm Group Incorporated (NYSE:TDG)

Townsquare Capital LLC lifted its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 241.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,361 shares of the aerospace company's stock after acquiring an additional 3,085 shares during the quarter. Townsquare Capital LLC's holdings in TransDigm Group were worth $5,527,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital Advisors Ltd. LLC increased its position in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after purchasing an additional 16 shares during the last quarter. Trust Co. of Vermont grew its stake in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after buying an additional 15 shares in the last quarter. Versant Capital Management Inc increased its holdings in TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares during the last quarter. Meeder Asset Management Inc. raised its position in TransDigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after acquiring an additional 21 shares in the last quarter. Finally, Sachetta LLC lifted its stake in TransDigm Group by 105.9% in the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after acquiring an additional 18 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TDG. 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. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Tuesday, April 8th. Wells Fargo & Company reduced their target price on TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating for the company in a research note on Tuesday. Deutsche Bank Aktiengesellschaft cut TransDigm Group from a "buy" rating to a "hold" rating and dropped their price target for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Finally, Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a research report on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,464.41.

TransDigm Group Stock Performance

Shares of TDG stock traded down $1.03 during trading on Friday, hitting $1,335.27. The company had a trading volume of 224,372 shares, compared to its average volume of 253,805. The firm has a market capitalization of $74.89 billion, a P/E ratio of 47.10, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The stock's 50-day moving average price is $1,336.96 and its 200 day moving average price is $1,322.04.

TransDigm Group (NYSE:TDG - Get Free Report) last released its earnings results 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 negative return on equity of 42.87% and a net margin of 20.76%. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the prior year, the company posted $7.16 EPS. The company's revenue was up 12.1% compared to the same quarter last year. On average, research analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other TransDigm Group news, Director Robert J. Small sold 1,000 shares of the firm's 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 sale, the director now owns 95,147 shares of the company's stock, valued at approximately $127,042,177.34. This trade represents a 1.04 % 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 business's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $1,346.30, for a total value of $7,366,953.60. Following the transaction, the director now directly owns 21,548 shares of the company's stock, valued at $29,010,072.40. This trade represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 124,594 shares of company stock worth $167,165,496 over the last ninety days. Corporate insiders own 4.09% of the company's stock.

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.