TransDigm Group Incorporated (NYSE:TDG) Shares Sold by TCW Group Inc.

TCW Group Inc. decreased its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 0.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,285 shares of the aerospace company’s stock after selling 106 shares during the quarter. TCW Group Inc.’s holdings in TransDigm Group were worth $28,949,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Souders Financial Advisors lifted its holdings in shares of TransDigm Group by 1.0% in the third quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock valued at $1,137,000 after buying an additional 8 shares during the period. Prosperity Financial Group Inc. raised its position in TransDigm Group by 3.6% in the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock worth $328,000 after acquiring an additional 8 shares in the last quarter. Stablepoint Partners LLC raised its position in TransDigm Group by 2.7% in the second quarter. Stablepoint Partners LLC now owns 418 shares of the aerospace company’s stock worth $517,000 after acquiring an additional 11 shares in the last quarter. DT Investment Partners LLC lifted its holdings in TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 11 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of TransDigm Group by 0.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company’s stock valued at $2,730,000 after purchasing an additional 11 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,953,204. The trade was a 45.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on 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 in the company, valued at $30,228,611.80. The trade was a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,944 shares of company stock worth $23,541,085 over the last 90 days. 4.96% of the stock is currently owned by corporate insiders.

TransDigm Group Stock Up 0.2 %

TDG stock opened at $1,261.57 on Wednesday. The company has a 50 day moving average of $1,330.10 and a two-hundred day moving average of $1,315.24. The company has a market cap of $70.94 billion, a price-to-earnings ratio of 49.28, a PEG ratio of 2.93 and a beta of 1.39. TransDigm Group Incorporated has a 12-month low of $972.08 and a 12-month high of $1,451.32.

TransDigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were given a dividend of $75.00 per share. This is a boost from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

Wall Street Analysts Forecast Growth

TDG has been the topic of a number of research reports. Jefferies Financial Group dropped their target price on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Deutsche Bank Aktiengesellschaft upped 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. Citigroup raised their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. KeyCorp boosted their target price on 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. Finally, StockNews.com lowered TransDigm Group from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,464.00.

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.