Stock Mover of the Day: Transdigm Group Inc Stock Rise in 2016 Q2 Driven by Institutional Investors

November 29, 2016 - By Adrian Mccoy   ·   0 Comments

Stock Mover of the Day: Transdigm Group Inc Stock Rise in  2016 Q2 Driven by Institutional Investors

Sentiment for Transdigm Group Inc (NYSE:TDG)

Transdigm Group Inc (NYSE:TDG) institutional sentiment decreased to 0.76 in 2016 Q2. Its down -0.53, from 1.29 in 2016Q1. The ratio has dropped, as 196 funds started new and increased stock positions, while 152 decreased and sold their stakes in Transdigm Group Inc. The funds in our partner’s database now possess: 52.79 million shares, down from 56.90 million shares in 2016Q1. Also, the number of funds holding Transdigm Group Inc in their top 10 stock positions increased from 18 to 24 for an increase of 6. Sold All: 32 Reduced: 120 Increased: 128 New Position: 68.

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The company has a market cap of $13.73 billion. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation. It has a 24.89 P/E ratio. The 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.

About 246,192 shares traded hands. TransDigm Group Incorporated (NYSE:TDG) has risen 11.94% since April 26, 2016 and is uptrending. It has outperformed by 6.68% the S&P500.

Analysts await TransDigm Group Incorporated (NYSE:TDG) to report earnings on February, 14. They expect $2.34 earnings per share, up 18.78% or $0.37 from last year’s $1.97 per share. TDG’s profit will be $124.10 million for 27.66 P/E if the $2.34 EPS becomes a reality. After $3.10 actual earnings per share reported by TransDigm Group Incorporated for the previous quarter, Wall Street now forecasts -24.52% negative EPS growth.

According to Zacks Investment Research, “TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered components for use on nearly all commercial and military aircraft in service today.”

Berkshire Partners Llc holds 85.34% of its portfolio in TransDigm Group Incorporated for 1.81 million shares. Rudman Errol M owns 85,127 shares or 21.45% of their US portfolio. Moreover, Altarock Partners Llc has 21.04% invested in the company for 439,148 shares. The Massachusetts-based Stockbridge Partners Llc has invested 21.01% in the stock. Tesuji Partners Llc, a New York-based fund reported 1.00 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 10 sales for $53.91 million net activity.

TransDigm Group Incorporated (NYSE:TDG) Ratings Coverage

Ratings analysis reveals 62% of Transdigm Group Incorporated’s analysts are positive. Out of 13 Wall Street analysts rating Transdigm Group Incorporated, 8 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $3.25 while the high is $341. The stock’s average target of $263.14 is 1.64% above today’s ($258.89) share price. TDG was included in 25 notes of analysts from August 4, 2015. Zacks downgraded the shares of TDG in a report on Wednesday, August 26 to “Hold” rating. Robert W. Baird initiated the stock with “Outperform” rating in Thursday, October 6 report. On Wednesday, August 5 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Barclays Capital maintained it with “Overweight” rating and $310 target price in Wednesday, August 10 report. On Thursday, June 23 the stock rating was initiated by Morgan Stanley with “Equal-Weight”. The rating was upgraded by Zacks to “Hold” on Monday, September 7. The firm has “Buy” rating by Jefferies given on Thursday, September 22. As per Wednesday, April 13, the company rating was downgraded by KeyBanc Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, May 11 with “Outperform”. As per Wednesday, December 16, the company rating was downgraded by JP Morgan.

TDG Company Profile

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: Fool.com which released: “Why TransDigm Group Incorporated’s Shares Popped 11% Today” on May 10, 2016, also Investorplace.com published article titled: “Transdigm Group Incorporated (TDG) Stock: The Sky’s the Limit”, Fool.com published: “Why TransDigm Group Incorporated’s Shares Dropped 16% Today” on February 09, 2016. More interesting news about TransDigm Group Incorporated (NYSE:TDG) was released by: Profitconfidential.com and their article: “TransDigm Group Incorporated: Is TDG Stock About to Surge?” with publication date: September 15, 2016.

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By Adrian Mccoy

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