Institutional Move: Tiger Eye Capital LLC Has Lowered Transdigm Group INC (TDG) Holding by $5.02 Million as Market Valuation Rose

Institutional Move: Tiger Eye Capital LLC Has Lowered Transdigm Group INC (TDG) Holding by $5.02 Million as Market Valuation Rose

Ben Gambill decreased its stake in Transdigm Group Inc (TDG) by 12.25% based on its latest 2016Q3 regulatory filing with the SEC. Tiger Eye Capital Llc sold 17,381 shares as the company’s stock rose 10.05% with the market. The hedge fund run by Ben Gambill held 124,472 shares of the military and government and technical company at the end of 2016Q3, valued at $35.99M, down from 141,853 at the end of the previous reported quarter. Tiger Eye Capital Llc who had been investing in Transdigm Group Inc for a number of months, seems to be less bullish one the $13.47B market cap company. The stock decreased 0.82% or $2.1 during the last trading session, hitting $253.27. TransDigm Group Incorporated (NYSE:TDG) has declined 5.02% since June 7, 2016 and is downtrending. It has underperformed by 12.45% the S&P500.

Tiger Eye Capital Llc, which manages about $1.45B and $808.23 million US Long portfolio, upped its stake in O Reilly Automotive Inc New (NASDAQ:ORLY) by 19,950 shares to 40,990 shares, valued at $11.48 million in 2016Q3, according to the filing. It also increased its holding in Charter Communications Inc N by 37,396 shares in the quarter, for a total of 159,630 shares, and has risen its stake in Parsley Energy Inc (NYSE:PE).

In April of 2009, Tiger Eye Capital was founded by Benjamin Gambill. The hedge fund had been seeded by Julian Robertson. Tiger Eye Capital makes investments in various industries such as technology-media-telecom (TMT), financials, natural resources, real estate and industrials. Tiger Eye Capital in January of 2011 had an annual return of 13.3%. It’s most terrible year was 2011 where it obtained a return of only 5.4%. Tiger Eye Capital in 2012 had a net return of 17.4%. These numbers are combined of Tiger Eye Master Fund and Tiger Eye Partners. Tiger Eye Capital Llc is a New York-based hedge fund that was founded by Ben Gambill. It had more than $1.45 billion assets under management in December, 2014. Taken from Tiger Eye Capital latest Adv, the fund reported to have 9 full and part-time employees. Among which 5 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Insitutional Activity: The institutional sentiment decreased to 0.76 in 2016 Q3. Its down 0.53, from 1.29 in 2016Q2. The ratio turned negative, as 28 funds sold all TDG shares owned while 168 reduced positions. 46 funds bought stakes while 102 increased positions. They now own 51.24 million shares or 2.93% less from 52.79 million shares in 2016Q2. Franklin Resources Incorporated holds 0% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 710 shares. Moreover, Dekabank Deutsche Girozentrale has 0.01% invested in TransDigm Group Incorporated (NYSE:TDG) for 2,694 shares. Fmr Ltd Company has 2.90 million shares for 0.11% of their US portfolio. Cornerstone Advsr reported 76 shares or 0.02% of all its holdings. Amp Investors Ltd, a Australia-based fund reported 19,421 shares. The Illinois-based Ubs Asset Mgmt Americas Inc has invested 0.24% in TransDigm Group Incorporated (NYSE:TDG). Schwab Charles Mngmt last reported 0.05% of its portfolio in the stock. Bnp Paribas Arbitrage Sa last reported 5,111 shares in the company. Principal Group accumulated 0.75% or 1.96 million shares. Korea Inv Corporation has 0.17% invested in the company for 109,787 shares. Jennison Assocs last reported 0.13% of its portfolio in the stock. Moreover, Talara Cap Mngmt Llc has 4.83% invested in TransDigm Group Incorporated (NYSE:TDG) for 44,320 shares. The Rhode Island-based Washington Tru has invested 0% in TransDigm Group Incorporated (NYSE:TDG). Highland Mgmt Ltd Liability Com holds 3,947 shares or 0.1% of its portfolio. Prescott Grp Cap Lc has 5,000 shares for 0.31% of their US portfolio.

Insider Transactions: Since August 1, 2016, the stock had 3 insider buys, and 9 selling transactions for $13.65 million net activity. Shares for $2.11 million were sold by Howley W Nicholas. $1.77M worth of TransDigm Group Incorporated (NYSE:TDG) shares were bought by Laubenthal Raymond F. Shares for $2.87M were sold by Iversen Bernt G II on Tuesday, August 30. $2.14 million worth of shares were sold by Jones Roger on Thursday, September 1. $2.50 million worth of TransDigm Group Incorporated (NYSE:TDG) shares were sold by Henderson Robert S. 82,695 shares with value of $20.33 million were bought by SMALL ROBERT J on Friday, December 2. Graff Michael also sold $987,238 worth of TransDigm Group Incorporated (NYSE:TDG) shares.

Analysts await TransDigm Group Incorporated (NYSE:TDG) to report earnings on February, 14. They expect $2.34 EPS, up 18.78% or $0.37 from last year’s $1.97 per share. TDG’s profit will be $124.45M for 27.06 P/E if the $2.34 EPS becomes a reality. After $3.10 actual EPS reported by TransDigm Group Incorporated for the previous quarter, Wall Street now forecasts -24.52% negative EPS growth.

More notable recent TransDigm Group Incorporated (NYSE:TDG) news were published by: Crainscleveland.com which released: “TransDigm Group Inc. names next president and chief operating officer” on December 20, 2016, also Fool.com with their article: “Why TransDigm Group Incorporated’s Shares Popped 11% Today” published on May 10, 2016, Prnewswire.com published: “TransDigm Announces Retirement of Gregory Rufus, Current Senior Executive Vice …” on October 06, 2016. More interesting news about TransDigm Group Incorporated (NYSE:TDG) were released by: Investorplace.com and their article: “Transdigm Group Incorporated (TDG) Stock: The Sky’s the Limit” published on November 11, 2016 as well as Prnewswire.com‘s news article titled: “TransDigm Completes Acquisition of Data Device Corporation” with publication date: June 23, 2016.

According to Zacks Investment Research, “TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered components for use on nearly all commercial and military aircraft in service today.”

TransDigm Group Incorporated (NYSE:TDG) Ratings Coverage

Out of 13 analysts covering Transdigm Group Incorporated (NYSE:TDG), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. $341 is the highest target while $3.25 is the lowest. The $264.81 average target is 4.56% above today’s ($253.27) stock price. Transdigm Group Incorporated has been the topic of 26 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Deutsche Bank on Monday, December 5. The stock has “Hold” rating given by Zacks on Tuesday, September 1. The rating was initiated by Jefferies with “Buy” on Thursday, September 22. The firm earned “Neutral” rating on Wednesday, December 16 by JP Morgan. The stock of TransDigm Group Incorporated (NYSE:TDG) has “Hold” rating given on Monday, September 7 by Zacks. The stock of TransDigm Group Incorporated (NYSE:TDG) has “Outperform” rating given on Wednesday, May 11 by RBC Capital Markets. The stock of TransDigm Group Incorporated (NYSE:TDG) earned “Buy” rating by Deutsche Bank on Tuesday, November 15. The firm earned “Buy” rating on Wednesday, January 6 by Canaccord Genuity. The stock of TransDigm Group Incorporated (NYSE:TDG) has “Hold” rating given on Wednesday, August 26 by Zacks. Morgan Stanley initiated the stock with “Equal-Weight” rating in Thursday, June 23 report.

TDG Company Profile

TransDigm Group Incorporated, incorporated on July 8, 2003, is a global designer, producer and supplier of engineered aircraft components for commercial and military aircraft in service. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation.

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