TransDigm Group Incorporated (NYSE:TDG) is Pragma Gestao DE Patrimonio Ltd.’s 5th Largest Position

Pragma Gestao DE Patrimonio Ltd. raised its position in TransDigm Group Incorporated (NYSE:TDG) by 14.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 13,700 shares of the aerospace company’s stock after purchasing an additional 1,700 shares during the period. TransDigm Group accounts for approximately 9.6% of Pragma Gestao DE Patrimonio Ltd.’s portfolio, making the stock its 5th biggest holding. Pragma Gestao DE Patrimonio Ltd.’s holdings in TransDigm Group were worth $17,362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Erste Asset Management GmbH purchased a new stake in shares of TransDigm Group during the 3rd quarter valued at approximately $29,000. Capital Advisors Ltd. LLC raised its position in TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 16 shares during the period. Trust Co. of Vermont grew its holdings 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 worth $32,000 after purchasing an additional 15 shares during the period. Versant Capital Management Inc increased its position in shares of TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 18 shares during the last quarter. Finally, Sachetta LLC raised its holdings in TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock valued at $44,000 after buying an additional 18 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on TDG shares. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Citigroup increased their target price 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. Barclays reiterated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a research note on Monday, February 24th. Finally, 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. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,477.18.

Insider Activity

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $1,360.04, for a total value of $4,080,120.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,896,144. The trade was a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction dated 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 sale, the director now directly owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This trade represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 124,594 shares of company stock worth $165,646,468 over the last quarter. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Price Performance

TDG opened at $1,394.83 on Thursday. The stock has a market capitalization of $78.23 billion, a PE ratio of 49.20, a P/E/G ratio of 2.76 and a beta of 1.38. The firm’s fifty day moving average price is $1,341.20 and its 200 day moving average price is $1,328.69. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results 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. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $7.16 earnings per share. On average, equities research analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.