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

Unigestion Holding SA acquired a new stake in TransDigm Group Incorporated (NYSE:TDG) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 1,034 shares of the aerospace company’s stock, valued at approximately $1,476,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Windacre Partnership LLC lifted its stake in shares of TransDigm Group by 42.7% during the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock worth $1,038,951,000 after purchasing an additional 217,700 shares during the last quarter. Darsana Capital Partners LP bought a new stake in shares of TransDigm Group in the 2nd quarter valued at about $210,806,000. International Assets Investment Management LLC grew its position in shares of TransDigm Group by 108,517.8% in the 3rd quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock worth $69,755,000 after buying an additional 48,833 shares during the last quarter. Point72 Asset Management L.P. raised its stake in shares of TransDigm Group by 2,868.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock worth $60,136,000 after acquiring an additional 48,769 shares in the last quarter. Finally, FMR LLC boosted its stake in TransDigm Group by 2.3% in the third quarter. FMR LLC now owns 1,920,181 shares of the aerospace company’s stock valued at $2,740,348,000 after acquiring an additional 43,604 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $1,401.75, for a total value of $4,205,250.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at $5,046,300. This trade represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total transaction 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 16,944 shares of company stock valued at $23,541,085 in the last ninety days. 4.96% of the stock is currently owned by corporate insiders.

TransDigm Group Trading Up 0.2 %

TransDigm Group stock opened at $1,261.57 on Wednesday. The stock’s 50 day simple moving average is $1,330.10 and its two-hundred day simple moving average is $1,315.24. TransDigm Group Incorporated has a 12 month low of $972.08 and a 12 month high of $1,451.32. The firm has a market cap of $70.94 billion, a PE ratio of 49.28, a P/E/G ratio of 2.93 and a beta of 1.39.

TransDigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were given a $75.00 dividend. The ex-dividend date was Friday, October 4th. This is an increase from TransDigm Group’s previous special dividend of $32.50.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price target on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. KeyCorp increased their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. StockNews.com downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Citigroup lifted their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, TransDigm Group presently has an average rating of “Moderate Buy” and a consensus price target of $1,464.00.

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.