Rio Tinto Plc (RIO) Shareholder Outfitter Advisors LTD Upped Position by $590,580; As Transdigm Group (TDG) Shares Rose, Tremblant Capital Group Lifted Position

August 12, 2018 - By Victoria Pittman

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Tremblant Capital Group increased its stake in Transdigm Group Inc (TDG) by 61.07% based on its latest 2018Q1 regulatory filing with the SEC. Tremblant Capital Group bought 91,661 shares as the company’s stock rose 13.19% while stock markets declined. The hedge fund held 241,747 shares of the military and government and technical company at the end of 2018Q1, valued at $74.20 million, up from 150,086 at the end of the previous reported quarter. Tremblant Capital Group who had been investing in Transdigm Group Inc for a number of months, seems to be bullish on the $18.72 billion market cap company. The stock decreased 0.66% or $2.36 during the last trading session, reaching $357.02. About 288,925 shares traded or Infinity% up from the average. Transdigm Group Incorporated Tr (NYSE:TDG) has risen 35.93% since August 12, 2017 and is uptrending. It has outperformed by 23.36% the S&P500. Some Historical TDG News: 19/03/2018 – WARBURG PINCUS REPORTS SALE OF EXTANT AEROSPACE TO TRANSDIGM; 30/04/2018 – TRANSDIGM NAMES W. NICHOLAS HOWLEY AS EXECUTIVE CHAIRMAN; 01/05/2018 – TRANSDIGM PROPOSED PRIVATE OFFERING OF $500M SR SUB NOTES; 17/05/2018 – TransDigm Favored by 11 Hedge Funds, 13Fs Show; 06/03/2018 TIGER GLOBAL MANAGEMENT REPORTS 5.3 PCT PASSIVE STAKE IN TRANSDIGM GROUP INC TDG.N AS OF MARCH 6 – SEC FILING; 30/04/2018 – TransDigm Announces Kevin Stein As President And CEO And W. Nicholas Howley As Executive Chairman, Appointment Of New Board Members; 15/03/2018 – Esterline Completes Sale of Kirkhill Elastomer Business; 30/05/2018 – TransDigm CDS Widens 63 Bps, Most in 15 Months; 19/03/2018 – Warburg Pincus Announces Sale of Extant Aerospace to TransDigm; 15/03/2018 – TRANSDIGM BUYS KIRKHILL FROM ESTERLINE

Outfitter Advisors Ltd increased its stake in Rio Tinto Plc (RIO) by 119.38% based on its latest 2018Q1 regulatory filing with the SEC. Outfitter Advisors Ltd bought 11,580 shares as the company’s stock declined 1.78% with the market. The institutional investor held 21,280 shares of the precious metals company at the end of 2018Q1, valued at $1.10M, up from 9,700 at the end of the previous reported quarter. Outfitter Advisors Ltd who had been investing in Rio Tinto Plc for a number of months, seems to be bullish on the $88.01B market cap company. The stock decreased 1.61% or $0.81 during the last trading session, reaching $49.53. About 4.54 million shares traded or 52.04% up from the average. Rio Tinto plc (NYSE:RIO) has risen 37.67% since August 12, 2017 and is uptrending. It has outperformed by 25.10% the S&P500. Some Historical RIO News: 10/05/2018 – Vincent Christ of Rio Tinto Named CEO of Elysis Ventur; 13/03/2018 – EXPLAINER-Chile attempts to block China from prize lithium asset; 16/03/2018 – CHILE GOVT WANTS FIRST TO ‘CLOSELY ANALYZE THE CONSEQUENCES’ IN CASE -OFFICIAL; 10/04/2018 – Shareholders in showdown over pay at Rio Tinto; 10/05/2018 – ALCOA, RIO TINTO: APPLE PROVIDING INVESTMENT OF C$13M; 20/03/2018 – Rio Tinto to Reduce Debt With $2.25 Bln Bond Purchase, Redemption Plan; 13/04/2018 – Rio Tinto: Arrangements Include Rusal’s 20% Interest in Queensland Alumina; 11/04/2018 – Rio Tinto reviewing all relationships with Rusal; 22/03/2018 – RIO TINTO LTD RIO.AX – SALE OF ENTIRE 75 PER CENT INTEREST IN WINCHESTER SOUTH COAL DEVELOPMENT PROJECT IN QUEENSLAND; 20/03/2018 – RIO TINTO EXEC. ANDREW LATHAM COMMENTS IN SPEECH IN PERTH

Among 23 analysts covering Rio Tinto (NYSE:RIO), 10 have Buy rating, 4 Sell and 9 Hold. Therefore 43% are positive. Rio Tinto had 57 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Friday, June 30. The firm has “Buy” rating by Investec given on Friday, October 30. The rating was downgraded by J.P. Morgan to “Hold” on Monday, November 13. Jefferies maintained the shares of RIO in report on Friday, July 14 with “Buy” rating. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, October 7. Jefferies maintained the stock with “Buy” rating in Thursday, August 17 report. The stock of Rio Tinto plc (NYSE:RIO) earned “Hold” rating by HSBC on Wednesday, May 23. RBC Capital Markets downgraded Rio Tinto plc (NYSE:RIO) on Tuesday, August 15 to “Outperform” rating. The firm earned “Buy” rating on Thursday, December 1 by Argus Research. The stock of Rio Tinto plc (NYSE:RIO) earned “Outperform” rating by Macquarie Research on Friday, August 7.

Outfitter Advisors Ltd, which manages about $458.78 million and $218.84M US Long portfolio, decreased its stake in Smucker J M Co (NYSE:SJM) by 11,315 shares to 11,547 shares, valued at $1.43 million in 2018Q1, according to the filing. It also reduced its holding in Cboe Hldgs (NASDAQ:CBOE) by 17,415 shares in the quarter, leaving it with 56,520 shares, and cut its stake in Unilever Nv (NYSE:UN).

More news for Rio Tinto plc (NYSE:RIO) were recently published by: Seekingalpha.com, which released: “Rio Tinto PLC (RIO) CEO Jean-Sébastien Jacques on Q2 2018 Results – Earnings Call Transcript” on August 02, 2018. Seekingalpha.com‘s article titled: “Rio Tinto: Good Times Coming Ahead?” and published on July 16, 2018 is yet another important article.

Tremblant Capital Group, which manages about $3.75B and $1.57B US Long portfolio, decreased its stake in Anheuser Busch Inbev Sa/Nv (NYSE:BUD) by 33,724 shares to 351,041 shares, valued at $38.59 million in 2018Q1, according to the filing. It also reduced its holding in Tesla Inc (Put) (NASDAQ:TSLA) by 11,200 shares in the quarter, leaving it with 20,400 shares, and cut its stake in Macys Inc (NYSE:M).

Investors sentiment increased to 1.09 in Q1 2018. Its up 0.09, from 1 in 2017Q4. It improved, 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. Fil owns 56,781 shares. Advent International Corporation Ma holds 113,075 shares or 0.7% of its portfolio. Mariner Ltd Liability Corp accumulated 0.01% or 1,126 shares. Adage Partners Gp Limited Company holds 53,241 shares. Tci Wealth Advsrs Inc accumulated 0.02% or 130 shares. Walleye Trading Ltd Liability Corporation has invested 0% in Transdigm Group Incorporated Tr (NYSE:TDG). Bnp Paribas Asset Mngmt stated it has 0% of its portfolio in Transdigm Group Incorporated Tr (NYSE:TDG). Arrowstreet Cap Ltd Partnership holds 0.01% of its portfolio in Transdigm Group Incorporated Tr (NYSE:TDG) for 19,500 shares. Gateway Invest Advisers Limited Com has 0.13% invested in Transdigm Group Incorporated Tr (NYSE:TDG). Amp Capital Invsts Ltd has invested 0.03% in Transdigm Group Incorporated Tr (NYSE:TDG). Citadel Limited Liability Com stated it has 17,064 shares. King Luther Cap Mgmt has invested 0.01% in Transdigm Group Incorporated Tr (NYSE:TDG). New York-based Etrade Ltd Liability Com has invested 0.02% in Transdigm Group Incorporated Tr (NYSE:TDG). Tiger Global Mngmt Ltd Llc invested in 5.64% or 2.77M shares. 1,578 are owned by Citigroup.

Since February 15, 2018, it had 1 insider purchase, and 18 sales for $51.16 million activity. 15,900 shares were sold by Peacock Douglas W, worth $4.75M. Skulina James also sold $3.43 million worth of Transdigm Group Incorporated Tr (NYSE:TDG) shares. Shares for $997,184 were sold by Valladares Jorge. Howley W Nicholas had sold 9,500 shares worth $2.80 million on Wednesday, March 14. Another trade for 10,000 shares valued at $3.11 million was sold by Henderson Robert S. 11,900 shares valued at $3.50M were sold by Laubenthal Raymond F on Thursday, February 15.

Among 20 analysts covering Transdigm Group Incorporated (NYSE:TDG), 12 have Buy rating, 2 Sell and 6 Hold. Therefore 60% are positive. Transdigm Group Incorporated had 91 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Friday, July 28 by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Friday, October 6. The stock of Transdigm Group Incorporated Tr (NYSE:TDG) has “Buy” rating given on Friday, January 19 by SunTrust. Robert W. Baird maintained the shares of TDG in report on Tuesday, June 19 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Wednesday, August 23. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, June 23. Canaccord Genuity maintained the shares of TDG in report on Wednesday, September 13 with “Buy” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, April 12. On Friday, November 10 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Transdigm Group Incorporated Tr (NYSE:TDG) has “Hold” rating given on Tuesday, August 8 by Cowen & Co.

Transdigm Group Incorporated Tr (NYSE:TDG) Institutional Positions Chart

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