Transdigm Group Incorporated (TDG) Shares Bought by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,233 shares of the aerospace company’s stock after purchasing an additional 359 shares during the quarter. Great West Life Assurance Co. Can owned 0.07% of Transdigm Group worth $9,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in Transdigm Group by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 382 shares of the aerospace company’s stock valued at $103,000 after purchasing an additional 14 shares during the last quarter. Profund Advisors LLC lifted its position in Transdigm Group by 1.1% during the second quarter. Profund Advisors LLC now owns 1,334 shares of the aerospace company’s stock valued at $359,000 after purchasing an additional 15 shares during the last quarter. Thrivent Financial For Lutherans lifted its position in Transdigm Group by 1.1% during the second quarter. Thrivent Financial For Lutherans now owns 1,850 shares of the aerospace company’s stock valued at $497,000 after purchasing an additional 20 shares during the last quarter. Sentry Investment Management LLC lifted its position in Transdigm Group by 1.1% during the second quarter. Sentry Investment Management LLC now owns 3,683 shares of the aerospace company’s stock valued at $990,000 after purchasing an additional 40 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Transdigm Group by 0.8% in the 2nd quarter. Nordea Investment Management AB now owns 7,987 shares of the aerospace company’s stock worth $2,147,000 after acquiring an additional 66 shares during the last quarter.

Shares of Transdigm Group Incorporated (NYSE:TDG) traded down $3.06 during midday trading on Wednesday, hitting $271.95. 374,000 shares of the company traded hands, compared to its average volume of 794,271. The company has a current ratio of 2.45, a quick ratio of 1.61 and a debt-to-equity ratio of -3.86. Transdigm Group Incorporated has a 12 month low of $203.72 and a 12 month high of $295.00. The stock has a market capitalization of $14,289.44, a P/E ratio of 23.09, a price-to-earnings-growth ratio of 2.32 and a beta of 0.50.

Transdigm Group (NYSE:TDG) last issued its earnings results on Thursday, November 9th. The aerospace company reported $3.48 EPS for the quarter, topping the consensus estimate of $3.18 by $0.30. Transdigm Group had a net margin of 12.44% and a negative return on equity of 30.13%. The company had revenue of $923.89 million for the quarter, compared to the consensus estimate of $959.77 million. During the same period in the previous year, the firm earned $3.29 earnings per share. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. equities analysts predict that Transdigm Group Incorporated will post 12.69 EPS for the current year.

A number of equities research analysts have recently weighed in on the stock. Cowen restated a “market perform” rating and issued a $290.00 price objective (up from $219.00) on shares of Transdigm Group in a report on Thursday, August 10th. Vertical Research restated a “buy” rating and issued a $316.00 price objective (up from $280.00) on shares of Transdigm Group in a report on Thursday, August 10th. Canaccord Genuity restated a “buy” rating and issued a $330.00 price objective (up from $300.00) on shares of Transdigm Group in a report on Wednesday, August 9th. Deutsche Bank boosted their price objective on shares of Transdigm Group from $305.00 to $320.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Finally, Zacks Investment Research lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, August 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Transdigm Group currently has an average rating of “Buy” and an average target price of $296.87.

In related news, Director Raymond F. Laubenthal sold 6,000 shares of Transdigm Group stock in a transaction on Friday, September 15th. The shares were sold at an average price of $254.19, for a total value of $1,525,140.00. Following the transaction, the director now directly owns 75,701 shares of the company’s stock, valued at $19,242,437.19. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Robert S. Henderson sold 15,000 shares of Transdigm Group stock in a transaction on Monday, October 16th. The stock was sold at an average price of $263.74, for a total transaction of $3,956,100.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 98,648 shares of company stock worth $26,299,932. 10.52% of the stock is owned by insiders.

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Transdigm Group Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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Institutional Ownership by Quarter for Transdigm Group (NYSE:TDG)

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