Transdigm Group (TDG) Holder Mar Vista Investment Partners Cut Stake; Mairs & Power Has Upped Its Apple Computer (AAPL) Holding by $2.29 Million

June 17, 2018 - By David King

TransDigm Group Incorporated (NYSE:TDG) Logo

Mairs & Power Inc increased its stake in Apple Computer (AAPL) by 78.3% based on its latest 2018Q1 regulatory filing with the SEC. Mairs & Power Inc bought 13,696 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 31,188 shares of the computer manufacturing company at the end of 2018Q1, valued at $5.23M, up from 17,492 at the end of the previous reported quarter. Mairs & Power Inc who had been investing in Apple Computer for a number of months, seems to be bullish on the $928.18 billion market cap company. The stock decreased 1.03% or $1.96 during the last trading session, reaching $188.84. About 33.10M shares traded or 10.09% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 17, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 22/05/2018 – HEARING DATE SET IN PARKERVISION’S PATENT INFRINGEMENT CASE AGAINST QUALCOMM AND APPLE; 09/04/2018 – Lynn Torrent Joins Apple Leisure Group as Executive Vice President and President of Distribution; 02/04/2018 – Facebook’s Zuckerberg Hits Back at `Glib’ Comments by Apple CEO; 19/03/2018 – Apple is developing own MicroLED screens – Bloomberg; 06/04/2018 – Dutch Fund Sells Apple, Microsoft, Costco, AT&T — Barrons.com; 21/05/2018 – Apple FCU Survey: 70 Percent of Millennials and 34 Percent of Baby Boomers in NoVa Not Saving Enough for Retirement; 12/04/2018 – Apple HomePod Disappoints With Slow Sales After Debut (Correct); 02/04/2018 – APPLE IS PLANNING TO MOVE FROM INTEL CHIPS TO ITS OWN MAC CHIPS – CNBC, CITING REPORT; 12/03/2018 – Apple Acquisition of Texture Comes Amid Services Push; 02/04/2018 – $INTC $AAPL Apple plans to move away from Intel chips

Mar Vista Investment Partners Llc decreased its stake in Transdigm Group Inc (TDG) by 42.49% based on its latest 2018Q1 regulatory filing with the SEC. Mar Vista Investment Partners Llc sold 148,346 shares as the company’s stock rose 13.19% while stock markets declined. The institutional investor held 200,814 shares of the military and government and technical company at the end of 2018Q1, valued at $61.64M, down from 349,160 at the end of the previous reported quarter. Mar Vista Investment Partners Llc who had been investing in Transdigm Group Inc for a number of months, seems to be less bullish one the $17.82B market cap company. The stock decreased 1.24% or $4.26 during the last trading session, reaching $339.91. About 766,186 shares traded or 102.16% up from the average. TransDigm Group Incorporated (NYSE:TDG) has risen 35.93% since June 17, 2017 and is uptrending. It has outperformed by 23.36% the S&P500. Some Historical TDG News: 15/03/2018 – TRANSDIGM BUYS KIRKHILL FROM ESTERLINE TECHNOLOGIES FOR $50M; 01/05/2018 – TDG UPWARD REVISION TO FY SALES, EBITDA AS DEFINED, ADJ EPS; 19/03/2018 – WARBURG PINCUS REPORTS SALE OF EXTANT AEROSPACE TO TRANSDIGM; 19/03/2018 – TRANSDIGM GROUP INC – EXTANT COMPONENTS GROUP IS A PORTFOLIO COMPANY OF WARBURG PINCUS LLC; 19/03/2018 – TransDigm to Buy Extant From Warburg Pincus for About $525M in Cash; 01/05/2018 – TRANSDIGM PROPOSED PRIVATE OFFERING OF $500M SR SUB NOTES; 15/05/2018 – Spo Advisory Buys New 1.7% Position in TransDigm; 19/03/2018 – TransDigm Expects to Finance Deal Primarily Through Cash on Hand and Existing Availability Under Revolving Credit Facility; 24/04/2018 – TRANSDIGM COMPLETES PURCHASE OF EXTANT AEROSPACE; 01/05/2018 – TransDigm Sees FY18 Ebitda $1.83B-$1.88B

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. Loop Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Thursday, September 14 with “Buy” rating. Drexel Hamilton initiated Apple Inc. (NASDAQ:AAPL) on Thursday, October 1 with “Buy” rating. The rating was maintained by RBC Capital Markets on Friday, November 3 with “Buy”. The firm has “Buy” rating given on Monday, October 9 by Bank of America. Piper Jaffray maintained the stock with “Buy” rating in Monday, July 10 report. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Bank of America on Wednesday, May 23. The company was maintained on Wednesday, December 16 by UBS. As per Monday, July 10, the company rating was maintained by KeyBanc Capital Markets. The firm has “Buy” rating given on Tuesday, October 18 by Stifel Nicolaus. On Wednesday, January 27 the stock rating was maintained by UBS with “Buy”.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It is negative, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Malaga Cove Cap Lc holds 0.17% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 1,933 shares. Private Ocean Limited Liability Corp holds 0.36% or 4,565 shares. Shikiar Asset Mgmt holds 6.83% or 89,399 shares in its portfolio. Franklin Street Advsr Inc Nc owns 166,212 shares or 4.18% of their US portfolio. Narwhal Management has invested 3.14% in Apple Inc. (NASDAQ:AAPL). Monetta Fincl Service has 20,000 shares for 1.79% of their portfolio. Riggs Asset Managment holds 35,475 shares or 2.45% of its portfolio. Cs Mckee LP holds 3.81% or 290,430 shares. Greenbrier Ptnrs Mgmt Limited Liability holds 400,000 shares or 12.71% of its portfolio. Mitchell Capital Mgmt Company has invested 0.38% in Apple Inc. (NASDAQ:AAPL). Callahan Advsr Ltd Liability Corp reported 112,825 shares. Osterweis Capital Management reported 9,297 shares stake. Weik Capital Management stated it has 0.65% of its portfolio in Apple Inc. (NASDAQ:AAPL). Natixis Lp holds 1.02% or 615,563 shares. Beaumont Financial Ptnrs Limited Liability Corporation invested 1.91% in Apple Inc. (NASDAQ:AAPL).

Since January 5, 2018, it had 0 insider purchases, and 12 sales for $51.10 million activity. WILLIAMS JEFFREY E sold $2.99 million worth of stock. $2.94 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by Riccio Daniel J.. Shares for $903,928 were sold by Maestri Luca. LEVINSON ARTHUR D sold $6.51 million worth of Apple Inc. (NASDAQ:AAPL) on Wednesday, May 9. AHRENDTS ANGELA J sold $6.75 million worth of Apple Inc. (NASDAQ:AAPL) on Thursday, May 3. SCHILLER PHILIP W sold $11.56M worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, April 3.

Mairs & Power Inc, which manages about $7.72B and $8.10B US Long portfolio, decreased its stake in Emerson Electric (NYSE:EMR) by 73,042 shares to 539,534 shares, valued at $36.85M in 2018Q1, according to the filing. It also reduced its holding in Corning (NYSE:GLW) by 56,520 shares in the quarter, leaving it with 2.36 million shares, and cut its stake in Abbvie Inc (NYSE:ABBV).

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Friday Apple Rumors: Leak May Reveal 2018 iPhone Display Sizes” on June 15, 2018, also Seekingalpha.com with their article: “This Is Apple’s Rocket Fuel” published on June 12, 2018, Seekingalpha.com published: “Apple: Too Big To Miss” on June 13, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “How Microsoft Beat Apple (Capital Market Laboratories)” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “Apple: Biggest Launch Cycle Ever?” with publication date: June 14, 2018.

Mar Vista Investment Partners Llc, which manages about $1.80 billion and $2.52 billion US Long portfolio, upped its stake in American Tower Corp (NYSE:AMT) by 26,594 shares to 995,146 shares, valued at $144.64 million in 2018Q1, according to the filing. It also increased its holding in Schlumberger Ltd (NYSE:SLB) by 70,481 shares in the quarter, for a total of 1.15M shares, and has risen its stake in Xpo Logistics Inc (NYSE:XPO).

Investors sentiment increased to 1.09 in 2018 Q1. Its up 0.09, from 1 in 2017Q4. It increased, as 21 investors sold TDG shares while 131 reduced holdings. 51 funds opened positions while 115 raised stakes. 54.59 million shares or 2.44% less from 55.96 million shares in 2017Q4 were reported. Great West Life Assurance Can invested in 41,127 shares. Northern, Illinois-based fund reported 507,927 shares. Sg Americas Ltd Limited Liability Company holds 0.04% or 15,404 shares in its portfolio. Voya Mngmt Ltd Liability stated it has 0.02% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Acadian Asset Mgmt Ltd holds 0% in TransDigm Group Incorporated (NYSE:TDG) or 108 shares. Triple Frond Partners Lc has 8.31% invested in TransDigm Group Incorporated (NYSE:TDG) for 240,998 shares. Spo Advisory Corporation reported 894,700 shares or 5.66% of all its holdings. Citadel Advsr Limited Com holds 17,064 shares or 0% of its portfolio. Hartford Management Company invested 0.06% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Gotham Asset Management Ltd Company reported 0.17% stake. Cognios Capital Ltd Com holds 0.16% in TransDigm Group Incorporated (NYSE:TDG) or 1,474 shares. Washington Trust reported 0% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Glob Endowment Lp holds 0.12% or 2,720 shares in its portfolio. The New York-based M&T Comml Bank Corp has invested 0.01% in TransDigm Group Incorporated (NYSE:TDG). The Arizona-based Arizona State Retirement System has invested 0.06% in TransDigm Group Incorporated (NYSE:TDG).

Analysts await TransDigm Group Incorporated (NYSE:TDG) to report earnings on August, 14. They expect $4.01 EPS, up 25.31% or $0.81 from last year’s $3.2 per share. TDG’s profit will be $210.25 million for 21.19 P/E if the $4.01 EPS becomes a reality. After $3.63 actual EPS reported by TransDigm Group Incorporated for the previous quarter, Wall Street now forecasts 10.47% EPS growth.

TransDigm Group Incorporated (NYSE:TDG) Institutional Positions Chart

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