Hanlon Investment Management Inc. Invests $740,000 in TransDigm Group Incorporated (NYSE:TDG)

Hanlon Investment Management Inc. acquired a new position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 732 shares of the aerospace company's stock, valued at approximately $740,000.

A number of other hedge funds have also bought and sold shares of the company. Compagnie Lombard Odier SCmA bought a new position in TransDigm Group in the 4th quarter valued at $25,000. Oakworth Capital Inc. bought a new position in shares of TransDigm Group in the fourth quarter worth about $26,000. Optiver Holding B.V. purchased a new position in TransDigm Group in the 3rd quarter worth about $35,000. VisionPoint Advisory Group LLC bought a new stake in TransDigm Group during the 4th quarter valued at about $37,000. Finally, Oliver Lagore Vanvalin Investment Group boosted its position in TransDigm Group by 48.0% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company's stock valued at $38,000 after buying an additional 12 shares during the period. Institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Performance

NYSE:TDG traded up $24.70 during mid-day trading on Tuesday, hitting $1,337.46. 212,446 shares of the company's stock traded hands, compared to its average volume of 212,971. The company has a fifty day moving average of $1,243.37 and a 200 day moving average of $1,116.79. TransDigm Group Incorporated has a twelve month low of $768.05 and a twelve month high of $1,340.76. The company has a market capitalization of $74.84 billion, a P/E ratio of 53.05, a P/E/G ratio of 2.47 and a beta of 1.40.

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 the consensus estimate of $7.42 by $0.57. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period last year, the firm posted $5.39 EPS. TransDigm Group's revenue was up 20.5% on a year-over-year basis. On average, research analysts expect that TransDigm Group Incorporated will post 29.96 earnings per share for the current fiscal year.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 197 shares of TransDigm Group stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $1,318.14, for a total transaction of $259,673.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $1,172.26, for a total value of $3,516,780.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,220,136. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director W Nicholas Howley sold 197 shares of the firm's stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $1,318.14, for a total value of $259,673.58. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 11 shares of company stock valued at $5,950 and have sold 63,434 shares valued at $76,847,440. 4.96% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TDG shares. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Saturday. Morgan Stanley raised their price objective on TransDigm Group from $1,275.00 to $1,550.00 and gave the stock an "overweight" rating in a report on Thursday, May 9th. UBS Group upped their target price on TransDigm Group from $1,302.00 to $1,403.00 and gave the stock a "neutral" rating in a report on Wednesday, May 8th. TD Cowen increased their price target on TransDigm Group from $1,300.00 to $1,400.00 and gave the stock a "buy" rating in a research report on Wednesday, May 8th. Finally, Robert W. Baird lifted their price objective on TransDigm Group from $1,290.00 to $1,357.00 and gave the company an "outperform" rating in a report on Wednesday, May 8th. Six analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,327.44.

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.