1,034 Shares in TransDigm Group Incorporated (NYSE:TDG) Bought by Unigestion Holding SA

Unigestion Holding SA purchased a new stake in shares of TransDigm Group Incorporated (NYSE:TDG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 1,034 shares of the aerospace company’s stock, valued at approximately $1,476,000.

A number of other large investors have also added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its holdings in TransDigm Group by 11.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 668 shares of the aerospace company’s stock valued at $949,000 after purchasing an additional 69 shares during the period. Geode Capital Management LLC lifted its holdings in TransDigm Group by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,133,443 shares of the aerospace company’s stock worth $1,612,583,000 after buying an additional 19,314 shares during the period. MidWestOne Financial Group Inc. bought a new stake in shares of TransDigm Group in the 3rd quarter worth approximately $201,000. Brophy Wealth Management LLC purchased a new position in shares of TransDigm Group during the third quarter valued at approximately $1,125,000. Finally, Vestcor Inc raised its holdings in shares of TransDigm Group by 8.9% during the third quarter. Vestcor Inc now owns 1,117 shares of the aerospace company’s stock valued at $1,594,000 after acquiring an additional 91 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Price Performance

Shares of TDG opened at $1,261.57 on Wednesday. TransDigm Group Incorporated has a one year low of $972.08 and a one year high of $1,451.32. The business has a fifty day moving average of $1,330.10 and a 200 day moving average of $1,315.24. The firm has a market capitalization of $70.94 billion, a P/E ratio of 49.28, a PEG ratio of 2.93 and a beta of 1.39.

TransDigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were given a dividend of $75.00 per share. The ex-dividend date was Friday, October 4th. This is a positive change from TransDigm Group’s previous special dividend of $32.50.

Insider Transactions 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 stock was sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,953,204. The trade was a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the transaction, the director now owns 21,548 shares of the company’s stock, valued at approximately $30,228,611.80. This trade represents 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 in the last quarter. Company insiders own 4.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TDG shares. KeyCorp lifted their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Jefferies Financial Group reduced their price target on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Deutsche Bank Aktiengesellschaft increased their price target on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. JPMorgan Chase & Co. lifted their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Finally, 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 report on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,464.00.

TransDigm Group 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.