2 weeks Ago By ABMN Staff
Legal & General Group Plc grew its holdings in shares of TransDigm Group Incorporated ( NYSE:TDG – Free Report ) by 2.6% in the 2nd quarter, Holdings Channel.com reports.
The firm owned 365,745 shares of the aerospace company’s stock after purchasing an additional 9,180 shares during the quarter. Legal & General Group Plc’s holdings in TransDigm Group were worth $467,282,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also recently made changes to their positions in TDG.
D.A. Davidson & CO.
purchased a new stake in shares of TransDigm Group during the 4th quarter valued at about $291,000. Orion Portfolio Solutions LLC increased its holdings in TransDigm Group by 22.7% in the 4th quarter.
Orion Portfolio Solutions LLC now owns 594 shares of the aerospace company’s stock worth $592,000 after acquiring an additional 110 shares in the last quarter. Stifel Financial Corp increased its holdings in TransDigm Group by 10.7% in the 4th quarter.
Stifel Financial Corp now owns 46,669 shares of the aerospace company’s stock worth $47,210,000 after acquiring an additional 4,494 shares in the last quarter. Bank of Nova Scotia increased its holdings in TransDigm Group by 229.8% in the 4th quarter.
Bank of Nova Scotia now owns 16,851 shares of the aerospace company’s stock worth $17,046,000 after acquiring an additional 11,741 shares in the last quarter. Finally, Cloverfields Capital Group LP increased its holdings in TransDigm Group by 4.6% in the 4th quarter.
Cloverfields Capital Group LP now owns 4,096 shares of the aerospace company’s stock worth $4,144,000 after acquiring an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.
TransDigm Group Stock Performance NYSE TDG opened at $1,402.36 on Friday. The company has a market capitalization of $78.
69 billion, a P/E ratio of 55.63, a P/E/G ratio of 2.24 and a beta of 1.
42. TransDigm Group Incorporated has a one year low of $802.46 and a one year high of $1,433.
03. The stock has a 50 day moving average price of $1,307.05 and a 200-day moving average price of $1,281.
87. TransDigm Group Increases Dividend The business also recently declared a dividend, which will be paid on Friday, October 18th. Investors of record on Friday, October 4th will be given a $75.
00 dividend. The ex-dividend date is Friday, October 4th. This is an increase from TransDigm Group’s previous dividend of $32.
50. Insider Buying and Selling In related news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $1,241.
60, for a total value of $3,724,800.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,469,760.
The sale was disclosed in a filing with the SEC, which can be accessed through this link . In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Monday, July 15th. The stock was sold at an average price of $1,241.
60, for a total value of $3,724,800.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at $4,469,760.
The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website . Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,376.
42, for a total value of $7,531,770.24. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at approximately $29,659,098.
16. The disclosure for this sale can be found here . Insiders sold a total of 36,545 shares of company stock worth $46,454,828 over the last three months.
4.96% of the stock is owned by insiders. Wall Street Analyst Weigh In TDG has been the subject of several analyst reports.
Wells Fargo & Company reduced their target price on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating for the company in a report on Wednesday, August 7th.
StockNews.com lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a report on Monday, August 5th. Susquehanna increased their target price on shares of TransDigm Group from $1,200.
00 to $1,250.00 and gave the stock a “neutral” rating in a report on Wednesday, August 7th. Northcoast Research initiated coverage on shares of TransDigm Group in a report on Thursday, August 1st.
They set a “neutral” rating for the company. Finally, Stifel Nicolaus increased their price objective on shares of TransDigm Group from $1,300.00 to $1,325.
00 and gave the company a “hold” rating in a report on Friday, June 7th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,438.24. Get Our Latest Research Report on TDG TransDigm Group Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding TDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransDigm Group Incorporated ( NYSE:TDG – Free Report ).
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