November 17, 2016 - By Hazel Jackson · 0 Comments
The stock of Transdigm Group (NYSE:TDG) registered an increase of 2.05% in short interest. TDG’s total short interest was 3.85M shares in November as published by FINRA. Its up 2.05% from 3.78 million shares, reported previously. With 298,500 shares average volume, it will take short sellers 13 days to cover their TDG’s short positions. The short interest to Transdigm Group’s float is 7.29%. About 25,344 shares traded hands. TransDigm Group Incorporated (NYSE:TDG) has risen 12.99% since April 15, 2016 and is uptrending. It has outperformed by 8.36% the S&P500.
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The company has a market cap of $13.84 billion. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation. It has a 24.71 P/E ratio. The Company’s Power & Control segment includes activities 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.
Insitutional Activity: The institutional sentiment increased to 1.29 in Q2 2016. Its up 0.06, from 1.23 in 2016Q1. The ratio improved, as 32 funds sold all TransDigm Group Incorporated shares owned while 120 reduced positions. 68 funds bought stakes while 128 increased positions. They now own 52.79 million shares or 7.22% less from 56.90 million shares in 2016Q1.
Capital Ltd Ca holds 1.32% or 69,110 shares in its portfolio. Ibm Retirement Fund has 5,938 shares for 0.06% of their US portfolio. Us Bankshares De owns 6,321 shares or 0.01% of their US portfolio. The New York-based Catalyst Cap Advisors Lc has invested 0.92% in TransDigm Group Incorporated (NYSE:TDG). The Massachusetts-based Berkshire Prtn Ltd Liability Company has invested 85.34% in TransDigm Group Incorporated (NYSE:TDG). Commonwealth Of Pennsylvania Public School Empls Retrmt holds 0.02% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 4,242 shares. Rocky Mountain Advisers Limited Liability Company accumulated 9 shares or 0.01% of the stock. Tiaa Cref Invest Management Limited Liability Corp last reported 410,147 shares in the company. Cornerstone has 0% invested in the company for 8 shares. Ubs Asset Mngmt Americas accumulated 721,752 shares or 0.22% of the stock. Global Endowment Mngmt Limited Partnership reported 1,300 shares or 0.07% of all its holdings. Exxonmobil Invest Mngmt Tx last reported 0.08% of its portfolio in the stock. Kbc Grp Inc Inc Nv owns 24,582 shares or 0.09% of their US portfolio. Wells Fargo Mn holds 0.03% or 279,331 shares in its portfolio. Westpac holds 2,999 shares or 0% of its portfolio.
Insider Transactions: Since May 27, 2016, the stock had 0 insider purchases, and 13 selling transactions for $65.27 million net activity. Howley W Nicholas also sold $2.11M worth of TransDigm Group Incorporated (NYSE:TDG) shares. Henderson Robert S sold $4.51 million worth of stock or 17,000 shares. $5.78M worth of TransDigm Group Incorporated (NYSE:TDG) shares were sold by Palmer Peter. Another trade for 20,740 shares valued at $5.39 million was sold by Leary John F. The insider Iversen Bernt G II sold $2.79 million. $2.14 million worth of TransDigm Group Incorporated (NYSE:TDG) was sold by Jones Roger on Thursday, September 1. On Friday, May 27 Valladares Jorge sold $2.54M worth of the stock or 10,000 shares.
Out of 13 analysts covering Transdigm Group Incorporated (NYSE:TDG), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. Transdigm Group Incorporated has been the topic of 25 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. The stock of TransDigm Group Incorporated (NYSE:TDG) earned “Hold” rating by Wellington Shields on Tuesday, November 15. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, August 5. On Thursday, September 22 the stock rating was initiated by Jefferies with “Buy”. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, January 6. The firm has “Hold” rating by Zacks given on Monday, September 7. Barclays Capital maintained it with “Overweight” rating and $310 target price in Wednesday, August 10 report. The stock has “Neutral” rating given by JP Morgan on Wednesday, December 16. Wolfe Research initiated the stock with “Outperform” rating in Friday, November 20 report. The rating was upgraded by Deutsche Bank on Tuesday, November 15 to “Buy”.
TransDigm Group Incorporated (TransDigm), incorporated on July 8, 2003, is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation. The Firm designs, produces and supplies aerospace components (and certain systems/subsystems) with aftermarket content. The Firm focuses to develop customized products to solve specific needs for aircraft operators and manufacturers. The Firm maintains approximately 50 manufacturing facilities.
More important recent TransDigm Group Incorporated (NYSE:TDG) news were published by: Investorplace.com which released: “Transdigm Group Incorporated (TDG) Stock: The Sky’s the Limit” on November 11, 2016, also Fool.com published article titled: “Why TransDigm Group Incorporated’s Shares Popped 11% Today”, Profitconfidential.com published: “TransDigm Group Incorporated: Is TDG Stock About to Surge?” on September 15, 2016. More interesting news about TransDigm Group Incorporated (NYSE:TDG) was released by: Fool.com and their article: “Why TransDigm Group Incorporated’s Shares Dropped 16% Today” with publication date: February 09, 2016.
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By Hazel Jackson