DXP Enterprises, Inc. (DXPE) Forms $30.70 Double Bottom; Falcon Edge Capital LP Increased Its Transdigm Group (TDG) Position

February 14, 2018 - By Clifton Ray

Falcon Edge Capital Lp increased Transdigm Group Inc (TDG) stake by 34.43% reported in 2017Q3 SEC filing. Falcon Edge Capital Lp acquired 26,200 shares as Transdigm Group Inc (TDG)’s stock rose 2.33%. The Falcon Edge Capital Lp holds 102,300 shares with $26.15M value, up from 76,100 last quarter. Transdigm Group Inc now has $14.92B valuation. The stock decreased 0.14% or $0.4 during the last trading session, reaching $285.8. About 381,151 shares traded. TransDigm Group Incorporated (NYSE:TDG) has risen 12.77% since February 14, 2017 and is uptrending. It has underperformed by 3.93% the S&P500.

DXP Enterprises, Inc. (DXPE) formed double bottom with $28.86 target or 6.00% below today’s $30.70 share price. DXP Enterprises, Inc. (DXPE) has $533.93 million valuation. The stock increased 0.26% or $0.08 during the last trading session, reaching $30.7. About 50,543 shares traded. DXP Enterprises, Inc. (NASDAQ:DXPE) has risen 200.39% since February 14, 2017 and is uptrending. It has outperformed by 183.69% the S&P500.

Among 20 analysts covering Transdigm Group Incorporated (NYSE:TDG), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. Transdigm Group Incorporated had 75 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Wellington Shields to “Hold” on Tuesday, November 15. The firm has “Buy” rating given on Friday, July 14 by Jefferies. The firm earned “Buy” rating on Wednesday, February 7 by SunTrust. Credit Suisse maintained TransDigm Group Incorporated (NYSE:TDG) on Friday, November 10 with “Outperform” rating. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Wednesday, June 29. Jefferies maintained the shares of TDG in report on Monday, October 23 with “Hold” rating. On Wednesday, January 6 the stock rating was maintained by Canaccord Genuity with “Buy”. Deutsche Bank maintained the shares of TDG in report on Wednesday, August 9 with “Buy” rating. The company was upgraded on Tuesday, November 15 by Deutsche Bank. The company was downgraded on Thursday, August 3 by Stephens.

Investors sentiment increased to 0.93 in 2017 Q3. Its up 0.30, from 0.63 in 2017Q2. It improved, as 30 investors sold TDG shares while 129 reduced holdings. 42 funds opened positions while 106 raised stakes. 56.62 million shares or 1.72% less from 57.61 million shares in 2017Q2 were reported. Sumitomo Mitsui Asset Ltd invested in 4,104 shares or 0.02% of the stock. Rice Hall James & Assoc Ltd Liability Company accumulated 5,251 shares. 646,531 were reported by Altarock Ptnrs Ltd Co. Trexquant Inv Limited Partnership reported 818 shares. Calamos Advsr Ltd Liability Company owns 0.03% invested in TransDigm Group Incorporated (NYSE:TDG) for 14,772 shares. Toronto Dominion Bank & Trust has invested 0.02% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Picton Mahoney Asset Mgmt reported 0.17% stake. Hsbc Pcl invested in 34,713 shares. Us National Bank De reported 145,566 shares stake. Virtus Advisers has 2,103 shares for 0.06% of their portfolio. Retirement Of Alabama, a Alabama-based fund reported 23,423 shares. Private Advisor Group Limited Com has invested 0.01% in TransDigm Group Incorporated (NYSE:TDG). Great West Life Assurance Can holds 0.02% or 37,233 shares in its portfolio. Advisory Limited Co has invested 0% in TransDigm Group Incorporated (NYSE:TDG). Voya Management Limited Liability Co holds 0.02% or 31,055 shares.

Since August 15, 2017, it had 0 insider purchases, and 5 selling transactions for $12.06 million activity. The insider Laubenthal Raymond F sold $1.58 million. $1.47 million worth of TransDigm Group Incorporated (NYSE:TDG) was sold by Jones Roger on Wednesday, January 17. Henderson Robert S had sold 15,000 shares worth $3.96M on Monday, October 16.

Falcon Edge Capital Lp decreased Advance Auto Parts Inc (NYSE:AAP) stake by 12,500 shares to 67,600 valued at $6.71 million in 2017Q3. It also reduced Kraft Heinz Co stake by 125,500 shares and now owns 199,200 shares. Amazon Com Inc (NASDAQ:AMZN) was reduced too.

Analysts await DXP Enterprises, Inc. (NASDAQ:DXPE) to report earnings on March, 30. They expect $0.11 earnings per share, down 73.81% or $0.31 from last year’s $0.42 per share. DXPE’s profit will be $1.91 million for 69.77 P/E if the $0.11 EPS becomes a reality. After $0.16 actual earnings per share reported by DXP Enterprises, Inc. for the previous quarter, Wall Street now forecasts -31.25% negative EPS growth.

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