Rothschild Asset Management Inc. lowered its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 9.5% during the second quarter, Holdings Channel reports. The firm owned 1,639 shares of the aerospace company’s stock after selling 172 shares during the period. Rothschild Asset Management Inc.’s holdings in Transdigm Group were worth $441,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in TDG. Soros Fund Management LLC bought a new stake in shares of Transdigm Group during the first quarter worth about $308,000. Mn Services Vermogensbeheer B.V. raised its stake in shares of 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 worth $293,000 after buying an additional 72 shares during the period. Edgestream Partners L.P. raised its stake in shares of Transdigm Group by 27.9% in the first quarter. Edgestream Partners L.P. now owns 6,859 shares of the aerospace company’s stock worth $1,510,000 after buying an additional 1,497 shares during the period. BlueCrest Capital Management Ltd bought a new stake in shares of Transdigm Group during the first quarter worth about $3,308,000. Finally, Nationwide Fund Advisors raised its stake in shares of Transdigm Group by 30.8% in the first quarter. Nationwide Fund Advisors now owns 91,214 shares of the aerospace company’s stock worth $20,082,000 after buying an additional 21,499 shares during the period.

Transdigm Group Incorporated (NYSE TDG) opened at 274.36 on Friday. The stock has a market capitalization of $14.24 billion, a price-to-earnings ratio of 30.48 and a beta of 0.56. Transdigm Group Incorporated has a 12-month low of $203.72 and a 12-month high of $295.00. The company has a 50 day moving average of $276.84 and a 200-day moving average of $252.79.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 8th. The aerospace company reported $3.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.98 by $0.32. Transdigm Group had a negative return on equity of 40.12% and a net margin of 14.47%. The firm had revenue of $907.67 million during the quarter, compared to the consensus estimate of $903.99 million. During the same period in the prior year, the company earned $3.09 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. On average, equities research analysts forecast that Transdigm Group Incorporated will post $12.30 earnings per share for the current year.

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TDG has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Transdigm Group from a “buy” rating to a “sell” rating in a report on Monday, April 17th. Jefferies Group LLC reaffirmed a “buy” rating and set a $298.00 price objective on shares of Transdigm Group in a report on Monday, May 8th. Canaccord Genuity reaffirmed a “buy” rating and set a $300.00 price objective on shares of Transdigm Group in a report on Saturday, April 22nd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $316.00 price objective on shares of Transdigm Group in a report on Tuesday, April 18th. Finally, Deutsche Bank AG increased their price objective on shares of Transdigm Group from $305.00 to $320.00 and gave the company a “buy” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Transdigm Group presently has a consensus rating of “Buy” and an average price target of $297.52.

In other Transdigm Group news, insider Jorge Valladares sold 6,000 shares of the company’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $265.53, for a total value of $1,593,180.00. Following the completion of the sale, the insider now directly owns 15,000 shares in the company, valued at approximately $3,982,950. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 18,000 shares of company stock valued at $4,952,017. 10.52% of the stock is owned by company insiders.

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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