Oregon Public Employees Retirement Fund Has $6.10 Million Position in TransDigm Group Incorporated (NYSE:TDG)

Oregon Public Employees Retirement Fund grew its position in TransDigm Group Incorporated (NYSE:TDG) by 0.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,815 shares of the aerospace company’s stock after buying an additional 10 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in TransDigm Group were worth $6,102,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Souders Financial Advisors boosted its stake in TransDigm Group by 1.0% during the third quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock worth $1,137,000 after acquiring an additional 8 shares in the last quarter. Prosperity Financial Group Inc. raised its holdings in TransDigm Group by 3.6% during the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock worth $328,000 after buying an additional 8 shares during the last quarter. Resonant Capital Advisors LLC raised its holdings in shares of TransDigm Group by 1.8% in the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company’s stock valued at $585,000 after purchasing an additional 8 shares during the last quarter. Quent Capital LLC raised its holdings in shares of TransDigm Group by 6.5% in the fourth quarter. Quent Capital LLC now owns 132 shares of the aerospace company’s stock valued at $167,000 after purchasing an additional 8 shares during the last quarter. Finally, CX Institutional raised its holdings in shares of TransDigm Group by 5.4% in the fourth quarter. CX Institutional now owns 175 shares of the aerospace company’s stock valued at $222,000 after purchasing an additional 9 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the completion of the transaction, the director now directly owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $1,323.02, for a total value of $3,969,060.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,762,872. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 121,647 shares of company stock valued at $155,847,223. 4.09% of the stock is owned by corporate insiders.

TransDigm Group Price Performance

Shares of TransDigm Group stock opened at $1,331.85 on Thursday. The stock has a market cap of $74.70 billion, a price-to-earnings ratio of 46.98, a PEG ratio of 2.76 and a beta of 1.40. The firm’s 50-day moving average is $1,310.51 and its 200 day moving average is $1,322.54. TransDigm Group Incorporated has a 1 year low of $1,136.27 and a 1 year high of $1,451.32.

TransDigm Group (NYSE:TDG) last issued its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the previous year, the firm earned $7.16 EPS. TransDigm Group’s revenue was up 12.1% on a year-over-year basis. On average, equities analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Citigroup raised their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Barclays restated an “equal weight” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,472.47.

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.