Sentry Investment Management LLC Decreases Position in TransDigm Group Incorporated (NYSE:TDG)

Sentry Investment Management LLC reduced its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 231 shares of the aerospace company’s stock after selling 38 shares during the period. Sentry Investment Management LLC’s holdings in TransDigm Group were worth $293,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in TDG. First Personal Financial Services purchased a new stake in shares of TransDigm Group during the third quarter worth approximately $29,000. Erste Asset Management GmbH acquired a new stake in TransDigm Group during the 3rd quarter worth $29,000. Capital Advisors Ltd. LLC grew its holdings in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares in the last quarter. Trust Co. of Vermont grew its holdings in shares of TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after buying an additional 15 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after buying an additional 18 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Stock Up 1.8 %

NYSE:TDG opened at $1,336.21 on Wednesday. TransDigm Group Incorporated has a 52 week low of $1,136.27 and a 52 week high of $1,451.32. The stock’s fifty day moving average is $1,308.65 and its two-hundred day moving average is $1,322.47. The stock has a market capitalization of $74.94 billion, a price-to-earnings ratio of 47.13, a price-to-earnings-growth ratio of 2.76 and a beta of 1.40.

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

Analysts Set New Price Targets

Several brokerages recently issued reports on TDG. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. UBS Group raised TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price target for the company in a report on Monday. Citigroup boosted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company raised TransDigm Group from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,472.47.

Insider Activity

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the sale, 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 filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares of the company’s stock, valued at approximately $10,181,755.06. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 121,647 shares of company stock valued at $155,847,223. 4.09% of the stock is currently owned by company insiders.

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.