U.S. Capital Wealth Advisors LLC Makes New $3 Million Investment in Allison Transmission Holdings, Inc. (NYSE:ALSN)

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 27,796 shares of the auto parts company’s stock, valued at approximately $3,004,000.

Other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC bought a new position in Allison Transmission during the third quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Allison Transmission during the 4th quarter worth approximately $31,000. Quarry LP boosted its position in shares of 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 acquiring an additional 114 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in shares of Allison Transmission by 1,650.0% in the fourth 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 in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Allison Transmission in the third quarter valued at $67,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Transactions at Allison Transmission

In related news, SVP John Coll sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $108.40, for a total value of $216,800.00. Following the completion of the sale, the senior vice president now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David S. Graziosi sold 11,590 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $119.44, for a total value of $1,384,309.60. Following the transaction, the chief executive officer now owns 168,833 shares in the company, valued at $20,165,413.52. The trade was a 6.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 22,639 shares of company stock worth $2,683,537. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ALSN. Bank of America increased their price objective 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. The Goldman Sachs Group lifted their price target on Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 12th. Citigroup decreased their price objective on Allison Transmission from $130.00 to $120.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 26th. Finally, Robert W. Baird increased their price target on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $101.38.

Allison Transmission Price Performance

Shares of ALSN stock opened at $117.56 on Monday. The stock has a 50 day moving average price of $114.13 and a 200 day moving average price of $102.18. The firm has a market capitalization of $10.18 billion, a P/E ratio of 14.32, a P/E/G ratio of 1.84 and a beta of 1.00. 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 52-week low of $60.26 and a 52-week high of $122.53.

Allison Transmission Dividend Announcement

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

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.