Vinva Investment Management Ltd Has $2.04 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Vinva Investment Management Ltd trimmed its stake in TransDigm Group Incorporated (NYSE:TDG) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,592 shares of the aerospace company’s stock after selling 45 shares during the period. Vinva Investment Management Ltd’s holdings in TransDigm Group were worth $2,038,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Erste Asset Management GmbH bought a new position in TransDigm Group in the third quarter worth $29,000. Capital Advisors Ltd. LLC lifted its holdings in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 16 shares during the period. Trust Co. of Vermont boosted its position in shares of TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc increased its stake in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 18 shares during the period. Finally, Sachetta LLC raised its position in TransDigm Group by 105.9% in the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Stock Performance

NYSE:TDG opened at $1,359.90 on Friday. The stock’s fifty day moving average price is $1,333.54 and its two-hundred day moving average price is $1,327.55. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,451.32. The company has a market cap of $76.27 billion, a price-to-earnings ratio of 47.97, a P/E/G ratio of 2.76 and a beta of 1.38.

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

Wall Street Analysts Forecast Growth

TDG has been the topic of a number of recent research reports. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Truist Financial upped their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Citigroup upped their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Finally, UBS Group upgraded TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective on the stock in a research note on Monday, February 24th. Six analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,472.47.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the transaction, the director now owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the 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 completion of the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $10,337,899.18. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 121,594 shares of company stock valued at $161,566,348. 4.09% of the stock is currently owned by corporate insiders.

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.