TransDigm Group Incorporated (NYSE:TDG) Stake Lessened by Scholtz & Company LLC

Scholtz & Company LLC cut its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 26.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,204 shares of the aerospace company's stock after selling 1,866 shares during the period. TransDigm Group makes up 3.1% of Scholtz & Company LLC's portfolio, making the stock its 12th largest position. Scholtz & Company LLC's holdings in TransDigm Group were worth $6,595,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Erste Asset Management GmbH bought a new stake in shares of TransDigm Group during the third quarter valued at approximately $29,000. Capital Advisors Ltd. LLC raised its holdings in TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after acquiring an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its holdings in shares of TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 15 shares in the last quarter. Versant Capital Management Inc lifted its stake in TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 18 shares during the period. Finally, Meeder Asset Management Inc. boosted its holdings in TransDigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after purchasing an additional 21 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

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Insider Buying and Selling at TransDigm Group

In other news, Director Robert J. Small sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the company's stock in a transaction on 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 sale, the director now directly owns 21,548 shares in the company, valued at $27,942,799.96. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 124,594 shares of company stock worth $165,646,468 in the last 90 days. 4.09% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on TDG. 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 lifted their price objective on shares of TransDigm Group from $1,500.00 to $1,580.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. StockNews.com lowered TransDigm Group from a "buy" rating to a "hold" rating in a research note on Monday. Barclays restated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and decreased their price objective for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,480.12.

TransDigm Group Trading Down 2.6 %

Shares of NYSE:TDG traded down $35.80 during midday trading on Thursday, hitting $1,363.77. 352,342 shares of the stock were exchanged, compared to its average volume of 243,518. TransDigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,451.32. The stock has a market cap of $76.49 billion, a P/E ratio of 48.10, a PEG ratio of 2.76 and a beta of 1.38. The company has a 50 day moving average price of $1,345.98 and a 200-day moving average price of $1,330.88.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts' consensus estimates of $6.73 by $0.84. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $7.16 EPS. On average, equities research analysts expect 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.