Natixis Advisors L.P. Has $23.81 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Natixis Advisors L.P. decreased its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 0.6% in the fourth quarter, Holdings Channel reports. The fund owned 23,541 shares of the aerospace company’s stock after selling 141 shares during the period. Natixis Advisors L.P.’s holdings in TransDigm Group were worth $23,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA acquired a new position in TransDigm Group during the 4th quarter valued at $25,000. Oakworth Capital Inc. bought a new position in shares of TransDigm Group during the 4th quarter worth about $26,000. Optiver Holding B.V. acquired a new position in shares of TransDigm Group during the third quarter valued at about $35,000. Oliver Lagore Vanvalin Investment Group lifted its stake in shares of TransDigm Group by 48.0% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock valued at $38,000 after buying an additional 12 shares during the period. Finally, Valley National Advisers Inc. grew its position in TransDigm Group by 26.1% during the third quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company’s stock worth $49,000 after buying an additional 12 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Activity

In related news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,439,160. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,439,160. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Graff sold 3,460 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the sale, the director now directly owns 4,879 shares in the company, valued at approximately $5,406,761.43. The disclosure for this sale can be found here. In the last ninety days, insiders sold 59,087 shares of company stock valued at $69,840,358. Company insiders own 4.96% of the company’s stock.

TransDigm Group Price Performance

Shares of TDG opened at $1,293.80 on Friday. The company has a market capitalization of $71.95 billion, a P/E ratio of 54.92, a PEG ratio of 2.63 and a beta of 1.40. TransDigm Group Incorporated has a one year low of $750.86 and a one year high of $1,303.49. The business’s 50 day simple moving average is $1,212.23 and its 200-day simple moving average is $1,073.99.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping analysts’ consensus estimates of $6.41 by $0.75. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the previous year, the firm earned $4.15 earnings per share. The business’s revenue was up 28.1% on a year-over-year basis. On average, sell-side analysts anticipate that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TDG has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the company a “neutral” rating in a report on Wednesday, March 27th. Barclays lifted their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Monday, February 12th. Susquehanna increased their price objective on shares of TransDigm Group from $875.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. The Goldman Sachs Group lifted their target price on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Finally, StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,170.27.

TransDigm Group Company 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.