Signature Estate & Investment Advisors LLC Has $762,000 Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Signature Estate & Investment Advisors LLC raised its stake in TransDigm Group Incorporated (NYSE:TDG) by 17.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534 shares of the aerospace company’s stock after buying an additional 79 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in TransDigm Group were worth $762,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of TransDigm Group by 17.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,898 shares of the aerospace company’s stock valued at $4,980,000 after acquiring an additional 567 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in TransDigm Group by 26.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,826 shares of the aerospace company’s stock worth $4,888,000 after buying an additional 789 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in TransDigm Group by 4.4% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,322 shares of the aerospace company’s stock worth $23,781,000 after buying an additional 819 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in TransDigm Group by 19.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 2,798 shares of the aerospace company’s stock worth $3,446,000 after buying an additional 452 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in TransDigm Group by 90.5% during the first quarter. Cetera Investment Advisers now owns 4,015 shares of the aerospace company’s stock worth $4,945,000 after buying an additional 1,907 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Insiders Place Their Bets

In related news, COO Joel Reiss sold 3,000 shares of the stock in a transaction 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 owns 3,600 shares of the company’s stock, valued at approximately $4,953,204. This trade represents a 45.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the transaction, the director now directly owns 21,548 shares in the company, valued at approximately $30,228,611.80. This represents a 20.25 % decrease in their position. 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 three months. 4.96% of the stock is currently owned by corporate insiders.

TransDigm Group Price Performance

NYSE TDG opened at $1,254.16 on Friday. TransDigm Group Incorporated has a 1 year low of $949.99 and a 1 year high of $1,451.32. The stock has a market capitalization of $70.52 billion, a PE ratio of 48.99, a P/E/G ratio of 2.41 and a beta of 1.43. The company’s 50 day simple moving average is $1,366.93 and its two-hundred day simple moving average is $1,318.66.

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 paid a $75.00 dividend. The ex-dividend date was Friday, October 4th. This is a boost from TransDigm Group’s previous special dividend of $32.50.

Analysts Set New Price Targets

TDG has been the subject of a number of analyst reports. Jefferies Financial Group lowered their target price on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Morgan Stanley lifted their target price on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Citigroup decreased their price target on shares of TransDigm Group from $1,648.00 to $1,563.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Wells Fargo & Company decreased their price target on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 7th. Finally, UBS Group reduced their price objective on shares of TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Six investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,461.82.

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.