FDx Advisors Inc. Has $318,000 Holdings in TransDigm Group Incorporated (NYSE:TDG)

FDx Advisors Inc. lowered its position in TransDigm Group Incorporated (NYSE:TDG) by 15.5% during the third quarter, Holdings Channel reports. The firm owned 223 shares of the aerospace company’s stock after selling 41 shares during the period. FDx Advisors Inc.’s holdings in TransDigm Group were worth $318,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TDG. NorthRock Partners LLC raised its position in shares of TransDigm Group by 11.9% in the 1st quarter. NorthRock Partners LLC now owns 263 shares of the aerospace company’s stock worth $324,000 after acquiring an additional 28 shares in the last quarter. QRG Capital Management Inc. lifted its stake in TransDigm Group by 7.0% in the first quarter. QRG Capital Management Inc. now owns 549 shares of the aerospace company’s stock valued at $677,000 after buying an additional 36 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of TransDigm Group by 11.3% during the 1st quarter. Russell Investments Group Ltd. now owns 28,592 shares of the aerospace company’s stock worth $35,220,000 after buying an additional 2,914 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of TransDigm Group by 0.8% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,207 shares of the aerospace company’s stock worth $15,034,000 after buying an additional 94 shares during the period. Finally, Bleakley Financial Group LLC increased its stake in shares of TransDigm Group by 9.3% in the 1st quarter. Bleakley Financial Group LLC now owns 1,535 shares of the aerospace company’s stock valued at $1,891,000 after acquiring an additional 130 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

TransDigm Group Price Performance

TDG opened at $1,374.76 on Tuesday. TransDigm Group Incorporated has a fifty-two week low of $949.99 and a fifty-two week high of $1,451.32. The firm has a market capitalization of $77.14 billion, a P/E ratio of 53.70, a PEG ratio of 1.83 and a beta of 1.43. The company’s 50-day moving average is $1,368.14 and its 200 day moving average is $1,317.19.

TransDigm Group Increases Dividend

The company also recently announced a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were given a dividend of $75.00 per share. The ex-dividend date of this dividend was Friday, October 4th. This is a boost from TransDigm Group’s previous special dividend of $32.50.

Analyst Ratings Changes

TDG has been the topic of several research analyst reports. Wells Fargo & Company cut their target price on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 7th. UBS Group reduced their target price on TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Susquehanna upped their price target on TransDigm Group from $1,200.00 to $1,250.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. raised their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. Finally, StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Monday. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,461.82.

Insider Transactions at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,953,204. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the sale, the director now owns 21,548 shares of the company’s stock, valued at approximately $30,228,611.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at $4,953,204. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,944 shares of company stock worth $23,541,085 in the last 90 days. Insiders own 4.96% of the company’s stock.

TransDigm Group Company Profile

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.