Wedge Capital Management L L Pnc buys $179,781,935 stake in TransDigm Group Incorporated (TDG)

TransDigm Group Incorporated (TDG) : Wedge Capital Management L L Pnc scooped up 40,471 additional shares in TransDigm Group Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 802,383 shares of TransDigm Group Incorporated which is valued at $179,781,935.TransDigm Group Incorporated makes up approximately 1.86% of Wedge Capital Management L L Pnc’s portfolio.

TransDigm Group Incorporated closed down -3.35 points or -1.47% at $224.06 with 8,39,946 shares getting traded on Friday. Post opening the session at $226.01, the shares hit an intraday low of $223.66 and an intraday high of $227.91 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Calvert Investment Management boosted its stake in TDG in the latest quarter, The investment management firm added 486 additional shares and now holds a total of 3,814 shares of TransDigm Group Incorporated which is valued at $854,565. TransDigm Group Incorporated makes up approx 0.04% of Calvert Investment Management’s portfolio.Great West Life Assurance Co Can boosted its stake in TDG in the latest quarter, The investment management firm added 2,646 additional shares and now holds a total of 60,671 shares of TransDigm Group Incorporated which is valued at $13,825,101. TransDigm Group Incorporated makes up approx 0.05% of Great West Life Assurance Co Can’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in TDG in the latest quarter, The investment management firm added 714 additional shares and now holds a total of 2,333 shares of TransDigm Group Incorporated which is valued at $531,621. TransDigm Group Incorporated makes up approx 0.01% of Candriam Luxembourg S.c.a.’s portfolio. Global Thematic Partners added TDG to its portfolio by purchasing 253,255 company shares during the most recent quarter which is valued at $57,709,217. TransDigm Group Incorporated makes up approx 1.20% of Global Thematic Partners’s portfolio.

On the company’s financial health, TransDigm Group Incorporated reported $2.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 9, 2016. Analyst had a consensus of $2.32. The company had revenue of $701.70 million for the quarter, compared to analysts expectations of $733.41 million. The company’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS.

Many Wall Street Analysts have commented on TransDigm Group Incorporated. TransDigm Group Incorporated was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Apr 13, 2016.

TransDigm Group Incorporated (TransDigm) is a designer producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Company operates through three segments: Power & Control Airframe and Non-aviation. Its Power & Control segment includes operations that primarily develop produce and market systems and components that provide power to or control power of the aircraft utilizing electronic fluid power and mechanical motion control technologies. Its Airframe segment includes operations that primarily develop produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Its Non-aviation segment includes operations that primarily develop produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls ignition systems and engine technology and power conditioning devices.

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