25,056 Shares in TransDigm Group Incorporated (NYSE:TDG) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 25,056 shares of the aerospace company's stock, valued at approximately $31,753,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Resonant Capital Advisors LLC grew its position in shares of TransDigm Group by 1.8% in the 4th quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock worth $585,000 after acquiring an additional 8 shares in the last quarter. Quent Capital LLC grew its position in shares of TransDigm Group by 6.5% in the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock worth $167,000 after acquiring an additional 8 shares in the last quarter. Lindbrook Capital LLC grew its position in shares of TransDigm Group by 3.6% in the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock worth $293,000 after acquiring an additional 8 shares in the last quarter. Western Financial Corp CA grew its position in shares of TransDigm Group by 0.6% in the 4th quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company's stock worth $1,902,000 after acquiring an additional 9 shares in the last quarter. Finally, TFB Advisors LLC grew its position in shares of TransDigm Group by 2.3% in the 4th quarter. TFB Advisors LLC now owns 399 shares of the aerospace company's stock worth $506,000 after acquiring an additional 9 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Trading Up 0.5%

Shares of TransDigm Group stock traded up $7.51 during trading on Friday, reaching $1,468.19. The stock had a trading volume of 374,966 shares, compared to its average volume of 262,266. The company has a market capitalization of $82.46 billion, a price-to-earnings ratio of 51.79, a P/E/G ratio of 2.76 and a beta of 1.09. The stock has a fifty day moving average price of $1,377.21 and a two-hundred day moving average price of $1,331.30. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54.

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

Analysts Set New Price Targets

A number of research firms recently issued reports on TDG. UBS Group boosted their price objective on 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. Truist Financial reduced their price objective on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Susquehanna boosted their price objective on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research report on Wednesday, April 2nd. Wells Fargo & Company boosted their price objective on TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Finally, Wall Street Zen upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,492.36.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction on 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 completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,896,144. This represents a 45.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sean P. Hennessy sold 4,700 shares of the stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $1,436.52, for a total value of $6,751,644.00. Following the sale, the director now owns 33,713 shares of the company's stock, valued at approximately $48,429,398.76. The trade was a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 149,713 shares of company stock valued at $208,099,857 over the last 90 days. 4.09% of the stock is owned by corporate insiders.

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.