7,402 Shares in Allison Transmission Holdings, Inc. (NYSE:ALSN) Purchased by Sylvest Advisors LLC

Sylvest Advisors LLC bought a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,402 shares of the auto parts company’s stock, valued at approximately $800,000. Allison Transmission accounts for approximately 0.5% of Sylvest Advisors LLC’s holdings, making the stock its 29th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ALSN. World Investment Advisors LLC acquired a new position in shares of Allison Transmission during the third quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Allison Transmission during the 4th quarter valued at $31,000. Quarry LP boosted its stake in Allison Transmission by 46.7% during the 3rd quarter. Quarry LP now owns 358 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 114 shares in the last quarter. SJS Investment Consulting Inc. increased its position in shares of Allison Transmission by 1,650.0% during the 4th quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company’s stock valued at $45,000 after purchasing an additional 396 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Allison Transmission in the 3rd quarter worth $67,000. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Stock Down 1.0 %

Shares of NYSE:ALSN opened at $117.56 on Friday. The firm has a 50 day simple moving average of $114.13 and a 200 day simple moving average of $102.05. Allison Transmission Holdings, Inc. has a 52 week low of $60.26 and a 52 week high of $122.53. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. The company has a market cap of $10.18 billion, a PE ratio of 14.32, a price-to-earnings-growth ratio of 1.84 and a beta of 1.00.

Allison Transmission Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th were issued a $0.25 dividend. The ex-dividend date was Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.85%. Allison Transmission’s payout ratio is currently 12.18%.

Insider Transactions at Allison Transmission

In related news, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.73, for a total transaction of $235,460.00. Following the completion of the sale, the senior vice president now directly owns 8,420 shares in the company, valued at approximately $991,286.60. This trade represents a 19.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO David S. Graziosi sold 5,326 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $120.12, for a total transaction of $639,759.12. Following the transaction, the chief executive officer now directly owns 168,833 shares in the company, valued at $20,280,219.96. The trade was a 3.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,639 shares of company stock valued at $2,683,537 over the last quarter. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ALSN shares. Robert W. Baird raised their target price on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com upgraded shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 26th. JPMorgan Chase & Co. boosted their target price on shares of Allison Transmission from $80.00 to $100.00 and gave the stock a “neutral” rating in a report on Friday, October 11th. Citigroup cut their target price on shares of Allison Transmission from $130.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Finally, Bank of America lifted their price target on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Allison Transmission currently has a consensus rating of “Hold” and a consensus target price of $101.38.

About Allison Transmission

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.