Great West Life Assurance Co. Can decreased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 1.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 36,874 shares of the aerospace company’s stock after selling 359 shares during the period. Great West Life Assurance Co. Can’s holdings in Transdigm Group were worth $9,900,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. LS Investment Advisors LLC boosted its position in Transdigm Group by 0.3% in the second quarter. LS Investment Advisors LLC now owns 2,263 shares of the aerospace company’s stock valued at $608,000 after buying an additional 6 shares during the last quarter. Wetherby Asset Management Inc. boosted its position in Transdigm Group by 0.5% in the first quarter. Wetherby Asset Management Inc. now owns 4,506 shares of the aerospace company’s stock valued at $992,000 after buying an additional 21 shares during the last quarter. Pacer Advisors Inc. boosted its position in Transdigm Group by 3.3% in the first quarter. Pacer Advisors Inc. now owns 1,023 shares of the aerospace company’s stock valued at $225,000 after buying an additional 33 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in Transdigm Group by 5.3% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 1,423 shares of the aerospace company’s stock valued at $293,000 after buying an additional 72 shares during the last quarter. Finally, Thrivent Financial For Lutherans boosted its position in Transdigm Group by 5.2% in the first quarter. Thrivent Financial For Lutherans now owns 1,830 shares of the aerospace company’s stock valued at $403,000 after buying an additional 90 shares during the last quarter.

Shares of Transdigm Group Incorporated (NYSE:TDG) opened at 273.38 on Friday. Transdigm Group Incorporated has a 52 week low of $203.72 and a 52 week high of $295.00. The stock has a market cap of $14.22 billion, a price-to-earnings ratio of 30.41 and a beta of 0.56. The firm has a 50-day moving average price of $276.64 and a 200-day moving average price of $252.43.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 8th. The aerospace company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.32. The business had revenue of $907.67 million during the quarter, compared to the consensus estimate of $903.99 million. Transdigm Group had a net margin of 14.47% and a negative return on equity of 42.59%. The company’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.09 earnings per share. On average, equities analysts anticipate that Transdigm Group Incorporated will post $12.30 earnings per share for the current year.

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Several equities analysts have recently weighed in on the company. Canaccord Genuity reissued a “buy” rating and set a $300.00 price target on shares of Transdigm Group in a report on Thursday, May 25th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $320.00 target price (up from $301.00) on shares of Transdigm Group in a report on Thursday. They noted that the move was a valuation call. Vertical Research reaffirmed a “buy” rating and issued a $316.00 target price (up from $280.00) on shares of Transdigm Group in a report on Thursday. Cowen and Company reaffirmed a “market perform” rating and issued a $290.00 target price (up from $219.00) on shares of Transdigm Group in a report on Thursday. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $283.00 target price on shares of Transdigm Group in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Transdigm Group currently has an average rating of “Buy” and an average target price of $297.52.

In other Transdigm Group news, insider Jorge Valladares sold 5,900 shares of the company’s stock in a transaction dated Friday, July 14th. The shares were sold at an average price of $278.03, for a total value of $1,640,377.00. Following the completion of the transaction, the insider now owns 14,900 shares in the company, valued at $4,142,647. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Raymond F. Laubenthal sold 6,000 shares of the company’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $281.81, for a total transaction of $1,690,860.00. Following the completion of the transaction, the director now owns 75,701 shares of the company’s stock, valued at approximately $21,333,298.81. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,000 shares of company stock valued at $4,952,017. Insiders own 10.52% of the company’s stock.

Transdigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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Institutional Ownership by Quarter for Transdigm Group (NYSE:TDG)

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