Moseley Investment Management Inc. boosted its position in TransDigm Group Incorporated (NYSE:TDG – Free Report) by 15.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 250 shares of the aerospace company’s stock after buying an additional 33 shares during the quarter. Moseley Investment Management Inc.’s holdings in TransDigm Group were worth $317,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of TransDigm Group during the third quarter worth approximately $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group during the third quarter worth $29,000. Versant Capital Management Inc increased its position in TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 18 shares during the period. DT Investment Partners LLC raised its stake in TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 11 shares during the last quarter. Finally, Hershey Financial Advisers LLC bought a new stake in TransDigm Group in the 2nd quarter valued at $41,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.
TransDigm Group Stock Up 1.6 %
Shares of TDG stock opened at $1,299.11 on Wednesday. The company has a market capitalization of $73.05 billion, a P/E ratio of 50.75, a P/E/G ratio of 2.89 and a beta of 1.38. TransDigm Group Incorporated has a 12-month low of $1,017.80 and a 12-month high of $1,451.32. The firm has a 50-day moving average price of $1,279.71 and a 200 day moving average price of $1,306.06.
Insider Activity
Analyst Upgrades and Downgrades
TDG has been the topic of several research reports. Citigroup boosted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. raised their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company reduced their target price on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,455.00.
Check Out Our Latest Stock Report on TransDigm Group
TransDigm Group 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.
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