Allison Transmission Holdings Inc (NYSE:ALSN) Shares Acquired by Cerebellum GP LLC

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Cerebellum GP LLC lifted its position in shares of Allison Transmission Holdings Inc (NYSE:ALSN) by 24.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,750 shares of the auto parts company’s stock after acquiring an additional 2,344 shares during the quarter. Cerebellum GP LLC’s holdings in Allison Transmission were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ALSN. Nuveen Asset Management LLC raised its position in shares of Allison Transmission by 359.6% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,505,488 shares of the auto parts company’s stock valued at $116,129,000 after acquiring an additional 1,960,323 shares in the last quarter. BlackRock Inc. raised its position in shares of Allison Transmission by 8.2% during the 2nd quarter. BlackRock Inc. now owns 6,380,151 shares of the auto parts company’s stock valued at $295,721,000 after acquiring an additional 482,087 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Allison Transmission by 75.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,117,028 shares of the auto parts company’s stock valued at $51,774,000 after acquiring an additional 481,885 shares in the last quarter. Man Group plc raised its position in shares of Allison Transmission by 22.8% during the 2nd quarter. Man Group plc now owns 2,129,972 shares of the auto parts company’s stock valued at $98,724,000 after acquiring an additional 395,725 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Allison Transmission during the 3rd quarter valued at approximately $6,234,000. 94.58% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE ALSN opened at $48.67 on Thursday. Allison Transmission Holdings Inc has a 1-year low of $41.26 and a 1-year high of $52.67. The company has a debt-to-equity ratio of 3.38, a current ratio of 1.57 and a quick ratio of 1.13. The business’s fifty day moving average price is $48.55 and its two-hundred day moving average price is $46.17. The firm has a market capitalization of $5.88 billion, a PE ratio of 10.18, a P/E/G ratio of 1.68 and a beta of 1.37.

Allison Transmission (NYSE:ALSN) last issued its earnings results on Wednesday, October 30th. The auto parts company reported $1.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.11. Allison Transmission had a return on equity of 91.48% and a net margin of 23.61%. The firm had revenue of $669.00 million for the quarter, compared to analyst estimates of $665.63 million. During the same period last year, the company earned $1.27 earnings per share. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. Equities research analysts expect that Allison Transmission Holdings Inc will post 4.79 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on ALSN shares. Royal Bank of Canada dropped their price target on Allison Transmission to $46.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. Raymond James started coverage on Allison Transmission in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $50.00 target price on the stock. Bank of America raised Allison Transmission from a “neutral” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Thursday, November 14th. Zacks Investment Research lowered Allison Transmission from a “hold” rating to a “sell” rating and set a $52.00 target price on the stock. in a research report on Friday, January 3rd. Finally, Vertical Research raised Allison Transmission from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $51.13.

About Allison Transmission

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles worldwide. It offers 12 transmission product lines for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

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Want to see what other hedge funds are holding ALSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allison Transmission Holdings Inc (NYSE:ALSN).

Institutional Ownership by Quarter for Allison Transmission (NYSE:ALSN)

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