Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP Sells $216,800.00 in Stock

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of the company’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $108.40, for a total value of $216,800.00. Following the completion of the transaction, the senior vice president now directly owns 6,420 shares in the company, valued at approximately $695,928. The trade was a 23.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Coll also recently made the following trade(s):

• On Friday, November 15th, John Coll sold 2,000 shares of Allison Transmission stock. The shares were sold at an average price of $117.73, for a total value of $235,460.00.

Allison Transmission Price Performance

Shares of Allison Transmission stock traded up $1.81 on Friday, hitting $109.48. The company’s stock had a trading volume of 307,151 shares, compared to its average volume of 310,823. The company has a market capitalization of $9.48 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. The firm has a fifty day moving average price of $113.05 and a 200-day moving average price of $96.09. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. Allison Transmission Holdings, Inc. has a 1 year low of $55.47 and a 1 year high of $122.53.

Allison Transmission (NYSE:ALSN) last announced its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. The business had revenue of $824.00 million during the quarter, compared to the consensus estimate of $790.08 million. During the same period in the prior year, the company posted $1.76 EPS. The business’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Allison Transmission Holdings, Inc. will post 8.21 earnings per share for the current fiscal year.

Allison Transmission Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Monday, November 18th. Allison Transmission’s payout ratio is 12.18%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ALSN. World Investment Advisors LLC acquired a new stake in shares of Allison Transmission in the third quarter valued at about $29,000. Quarry LP lifted its stake in Allison Transmission by 46.7% in the 3rd quarter. Quarry LP now owns 358 shares of the auto parts company’s stock worth $34,000 after purchasing an additional 114 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Allison Transmission in the 3rd quarter worth approximately $67,000. Venturi Wealth Management LLC grew its position in shares of Allison Transmission by 27.8% in the third quarter. Venturi Wealth Management LLC now owns 744 shares of the auto parts company’s stock valued at $71,000 after purchasing an additional 162 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Allison Transmission in the third quarter valued at approximately $82,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on ALSN shares. JPMorgan Chase & Co. lifted their price objective on shares of Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, October 11th. Bank of America boosted their target price on shares of Allison Transmission from $67.00 to $77.00 and gave the company an “underperform” rating in a research report on Wednesday, October 30th. Morgan Stanley increased their price target on Allison Transmission from $110.00 to $112.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. The Goldman Sachs Group boosted their price objective on Allison Transmission from $82.00 to $94.00 and gave the company a “sell” rating in a report on Thursday, December 12th. Finally, Citigroup raised their target price on Allison Transmission from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Allison Transmission currently has an average rating of “Hold” and an average target price of $102.63.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.