Mitsubishi UFJ Asset Management Co. Ltd. Boosts Holdings in TransDigm Group Incorporated (NYSE:TDG)

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,793 shares of the aerospace company's stock after purchasing an additional 4,647 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.10% of TransDigm Group worth $54,265,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Quent Capital LLC boosted its position in TransDigm Group by 8.8% in the 4th quarter. Quent Capital LLC now owns 123 shares of the aerospace company's stock valued at $124,000 after buying an additional 10 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in TransDigm Group by 5.9% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 180 shares of the aerospace company's stock valued at $197,000 after purchasing an additional 10 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in TransDigm Group by 14.5% during the 4th quarter. Venturi Wealth Management LLC now owns 87 shares of the aerospace company's stock worth $88,000 after purchasing an additional 11 shares during the last quarter. Alcosta Capital Management Inc. raised its position in shares of TransDigm Group by 0.3% in the 3rd quarter. Alcosta Capital Management Inc. now owns 3,485 shares of the aerospace company's stock valued at $2,938,000 after purchasing an additional 12 shares in the last quarter. Finally, Valley National Advisers Inc. boosted its stake in shares of TransDigm Group by 26.1% during the 3rd quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company's stock valued at $49,000 after buying an additional 12 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Trading Up 1.1 %

NYSE:TDG traded up $13.43 during mid-day trading on Wednesday, hitting $1,289.20. 255,281 shares of the company's stock traded hands, compared to its average volume of 212,950. The firm has a market capitalization of $72.14 billion, a price-to-earnings ratio of 51.14, a price-to-earnings-growth ratio of 2.58 and a beta of 1.39. The firm has a 50 day moving average of $1,229.89 and a two-hundred day moving average of $1,100.67. TransDigm Group Incorporated has a 12 month low of $768.05 and a 12 month high of $1,330.82.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, beating analysts' consensus estimates of $7.42 by $0.57. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The firm's revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.39 earnings per share. As a group, equities research analysts expect that TransDigm Group Incorporated will post 29.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TDG. KeyCorp raised their price target on shares of TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an "overweight" rating in a research report on Monday, April 22nd. Susquehanna increased their target price on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the company a "neutral" rating in a research report on Wednesday, May 8th. Robert W. Baird raised their target price on shares of TransDigm Group from $1,290.00 to $1,357.00 and gave the company an "outperform" rating in a research note on Wednesday, May 8th. TD Cowen increased their price objective on shares of TransDigm Group from $1,300.00 to $1,400.00 and gave the company a "buy" rating in a report on Wednesday, May 8th. Finally, Barclays upped their target price on TransDigm Group from $1,250.00 to $1,500.00 and gave the stock an "overweight" rating in a research report on Monday. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group has a consensus rating of "Moderate Buy" and an average price target of $1,327.44.

Insider Activity at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $1,282.78, for a total value of $3,848,340.00. Following the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,618,008. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $1,282.78, for a total value of $3,848,340.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,618,008. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 9,381 shares of the firm's stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $1,165.00, for a total transaction of $10,928,865.00. Following the sale, the director now directly owns 21,548 shares of the company's stock, valued at approximately $25,103,420. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 11 shares of company stock valued at $5,950 and have sold 68,825 shares valued at $83,043,755. 4.96% of the stock is currently owned by insiders.

About TransDigm Group

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.