Tucker Asset Management LLC Buys New Position in TransDigm Group Incorporated (NYSE:TDG)

Tucker Asset Management LLC bought a new stake in TransDigm Group Incorporated (NYSE:TDG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 200 shares of the aerospace company’s stock, valued at approximately $253,000.

A number of other institutional investors and hedge funds also recently modified their holdings of TDG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in TransDigm Group by 3.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 274,620 shares of the aerospace company’s stock worth $391,918,000 after acquiring an additional 7,947 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of TransDigm Group by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock valued at $2,851,160,000 after purchasing an additional 173,642 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its position in shares of TransDigm Group by 7.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 16,323 shares of the aerospace company’s stock valued at $23,295,000 after buying an additional 1,086 shares during the last quarter. Unigestion Holding SA bought a new position in TransDigm Group during the 3rd quarter worth approximately $1,476,000. Finally, Triasima Portfolio Management inc. bought a new stake in TransDigm Group in the 4th quarter valued at about $911,000. 95.78% of the stock is owned by institutional investors.

TransDigm Group Stock Down 0.5 %

Shares of NYSE TDG opened at $1,377.22 on Friday. The firm has a market cap of $77.24 billion, a price-to-earnings ratio of 48.58, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,451.32. The company’s 50-day simple moving average is $1,343.19 and its 200-day simple moving average is $1,329.59.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $7.16 earnings per share. Equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TDG shares. Wells Fargo & Company upped their target price on shares of TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an “overweight” rating in a research note on Tuesday. 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. Barclays reaffirmed an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Citigroup boosted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,477.18.

Insider Buying and Selling

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $10,337,899.18. The trade was a 71.03 % decrease in their position. The sale was disclosed in a filing 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 Wednesday, January 15th. The stock was 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 owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This trade represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,594 shares of company stock valued at $165,646,468 in the last ninety days. Company 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.