Douglass Winthrop Advisors Lowers stake in TransDigm Group Incorporated (TDG)

TransDigm Group Incorporated (TDG) : Douglass Winthrop Advisors reduced its stake in TransDigm Group Incorporated by 6.78% during the most recent quarter end. The investment management company now holds a total of 85,883 shares of TransDigm Group Incorporated which is valued at $23,282,022 after selling 6,242 shares in TransDigm Group Incorporated , the firm said in a disclosure report filed with the SEC on Jul 13, 2016.TransDigm Group Incorporated makes up approximately 1.70% of Douglass Winthrop Advisors’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in TDG in the latest quarter, The investment management firm added 6,094 additional shares and now holds a total of 8,443 shares of TransDigm Group Incorporated which is valued at $2,288,813. TransDigm Group Incorporated makes up approx 0.07% of Capstone Asset Management Co’s portfolio.Creative Planning reduced its stake in TDG by selling 70 shares or 7.58% in the most recent quarter. The Hedge Fund company now holds 854 shares of TDG which is valued at $231,511.Breton Hill Capital Ltd. reduced its stake in TDG by selling 817 shares or 11.94% in the most recent quarter. The Hedge Fund company now holds 6,025 shares of TDG which is valued at $1,633,317. TransDigm Group Incorporated makes up approx 0.51% of Breton Hill Capital Ltd.’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in TDG in the latest quarter, The investment management firm added 3,499 additional shares and now holds a total of 9,325 shares of TransDigm Group Incorporated which is valued at $2,515,978. TransDigm Group Incorporated makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.

TransDigm Group Incorporated opened for trading at $272.03 and hit $272.095 on the upside on Monday, eventually ending the session at $271.94, with a gain of 0.18% or 0.49 points. The heightened volatility saw the trading volume jump to 3,97,595 shares. Company has a market cap of $14,407 M.

On the company’s financial health, TransDigm Group Incorporated reported $2.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.25 according to the earnings call on May 10, 2016. Analyst had a consensus of $2.61. The company had revenue of $796.80 million for the quarter, compared to analysts expectations of $775.62 million. The company’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.11 EPS.

Many Wall Street Analysts have commented on TransDigm Group Incorporated. TransDigm Group Incorporated was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Jun 29, 2016. TransDigm Group Incorporated was Initiated by Morgan Stanley to “Equal-Weight” on Jun 23, 2016. Company shares were Reiterated by Barclays on Jun 22, 2016 to “Overweight”, Firm has raised the Price Target to $ 300 from a previous price target of $285 .

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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