British Airways Pensions Investment Management Ltd buys $25,529,720 stake in TransDigm Group Incorporated (TDG)

TransDigm Group Incorporated (TDG) : British Airways Pensions Investment Management Ltd scooped up 23,270 additional shares in TransDigm Group Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 91,784 shares of TransDigm Group Incorporated which is valued at $25,529,720.TransDigm Group Incorporated makes up approximately 0.75% of British Airways Pensions Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Candriam Luxembourg S.c.a. boosted its stake in TDG in the latest quarter, The investment management firm added 1,266 additional shares and now holds a total of 3,599 shares of TransDigm Group Incorporated which is valued at $1,001,062. TransDigm Group Incorporated makes up approx 0.03% of Candriam Luxembourg S.c.a.’s portfolio. Jfs Wealth Advisors sold out all of its stake in TDG during the most recent quarter. The investment firm sold 14 shares of TDG which is valued $3,894.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.

TransDigm Group Incorporated opened for trading at $277 and hit $280.28 on the upside on Friday, eventually ending the session at $279.52, with a gain of 0.19% or 0.53 points. The heightened volatility saw the trading volume jump to 5,05,671 shares. Company has a market cap of $14,809 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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