Oregon Public Employees Retirement Fund Has $6.81 Million Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Oregon Public Employees Retirement Fund increased its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 179.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,073 shares of the aerospace company’s stock after purchasing an additional 9,030 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in TransDigm Group were worth $6,809,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TDG. Raymond James Trust N.A. boosted its stake in shares of TransDigm Group by 2.4% in the 2nd quarter. Raymond James Trust N.A. now owns 1,679 shares of the aerospace company’s stock valued at $812,000 after purchasing an additional 40 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of TransDigm Group by 34.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 11,298 shares of the aerospace company’s stock valued at $5,466,000 after purchasing an additional 2,898 shares during the last quarter. Smith Salley & Associates boosted its stake in shares of TransDigm Group by 4.6% in the 2nd quarter. Smith Salley & Associates now owns 13,477 shares of the aerospace company’s stock valued at $6,520,000 after purchasing an additional 593 shares during the last quarter. Chicago Capital LLC boosted its stake in shares of TransDigm Group by 53.3% in the 2nd quarter. Chicago Capital LLC now owns 2,300 shares of the aerospace company’s stock valued at $1,113,000 after purchasing an additional 800 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC boosted its stake in shares of TransDigm Group by 10.2% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 1,091 shares of the aerospace company’s stock valued at $528,000 after purchasing an additional 101 shares during the last quarter. Institutional investors and hedge funds own 99.02% of the company’s stock.

TransDigm Group stock opened at $486.52 on Wednesday. The company’s fifty day moving average is $487.75. TransDigm Group Incorporated has a 12-month low of $307.36 and a 12-month high of $502.67. The firm has a market cap of $26.38 billion, a P/E ratio of 28.64, a PEG ratio of 2.61 and a beta of 1.06.

TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $4.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.73 by $0.48. TransDigm Group had a net margin of 19.44% and a negative return on equity of 50.29%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the company posted $3.79 earnings per share. The business’s revenue was up 28.2% on a year-over-year basis. As a group, analysts predict that TransDigm Group Incorporated will post 16.03 EPS for the current year.

In other news, Chairman W Nicholas Howley sold 17,083 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $466.89, for a total value of $7,975,881.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Staer sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $464.67, for a total transaction of $1,161,675.00. Following the completion of the transaction, the director now owns 1,691 shares of the company’s stock, valued at $785,756.97. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,749 shares of company stock valued at $30,135,018. 11.00% of the stock is currently owned by corporate insiders.

A number of equities research analysts have recently commented on TDG shares. Berenberg Bank set a $540.00 price objective on shares of TransDigm Group and gave the company a “buy” rating in a research note on Thursday, June 13th. Zacks Investment Research downgraded shares of Great Portland Estates from a “hold” rating to a “sell” rating in a research report on Tuesday, April 16th. UBS Group boosted their target price on shares of Willis Towers Watson from $202.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, July 10th. JPMorgan Chase & Co. set a €20.00 ($23.26) target price on shares of STMicroelectronics and gave the company a “buy” rating in a research report on Tuesday, May 14th. Finally, Longbow Research reiterated a “hold” rating on shares of GoPro in a research report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. TransDigm Group has a consensus rating of “Buy” and a consensus price target of $491.27.

TransDigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

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

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