Two Sigma Advisers LP Decreases Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Two Sigma Advisers LP trimmed its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 36.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,500 shares of the aerospace company's stock after selling 10,000 shares during the quarter. Two Sigma Advisers LP's holdings in TransDigm Group were worth $22,177,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TDG. Capital Advisors Ltd. LLC grew its holdings in 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 in the last quarter. Trust Co. of Vermont lifted 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 worth $32,000 after purchasing an additional 15 shares during the last quarter. Meeder Asset Management Inc. grew its stake in shares of TransDigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after purchasing an additional 21 shares in the last quarter. Sachetta LLC increased its holdings in TransDigm Group by 105.9% in the fourth 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 last quarter. Finally, CENTRAL TRUST Co raised its stake in TransDigm Group by 280.0% in the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock valued at $72,000 after buying an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 49,241 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $31,801,615.80. This represents a 69.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Small sold 20,000 shares of TransDigm Group stock in a transaction on Monday, March 10th. The shares were sold at an average price of $1,340.20, for a total transaction of $26,804,000.00. Following the completion of the transaction, the director now owns 95,356 shares in the company, valued at approximately $127,796,111.20. This trade represents a 17.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 152,713 shares of company stock valued at $212,068,917. 4.09% of the stock is owned by company insiders.

TransDigm Group Stock Performance

Shares of TransDigm Group stock opened at $1,428.97 on Wednesday. The company has a market capitalization of $80.26 billion, a P/E ratio of 50.40, a PEG ratio of 2.76 and a beta of 1.09. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,488.54. The company's fifty day moving average is $1,364.67 and its two-hundred day moving average is $1,325.91.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $8.83 by $0.28. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business's revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company posted $7.99 earnings per share. As a group, equities analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

TDG has been the subject of several recent analyst reports. Northcoast Research upgraded TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price for the company in a research note on Wednesday, April 9th. Wells Fargo & Company raised their price objective on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Saturday. Susquehanna lifted their price target on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd. Finally, UBS Group boosted their price target on shares of TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average target price of $1,490.20.

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.

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