Allison Transmission Holdings, Inc. (NYSE:ALSN) Shares Sold by Leuthold Group LLC

Leuthold Group LLC trimmed its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 4.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,106 shares of the auto parts company’s stock after selling 2,119 shares during the period. Leuthold Group LLC’s holdings in Allison Transmission were worth $3,949,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ALSN. Private Advisor Group LLC boosted its position in Allison Transmission by 4.4% in the 3rd quarter. Private Advisor Group LLC now owns 3,972 shares of the auto parts company’s stock valued at $382,000 after buying an additional 167 shares during the last quarter. Quent Capital LLC increased its position in shares of Allison Transmission by 24.0% during the second quarter. Quent Capital LLC now owns 889 shares of the auto parts company’s stock worth $68,000 after acquiring an additional 172 shares during the last quarter. Miller Howard Investments Inc. NY lifted its stake in shares of Allison Transmission by 2.1% in the second quarter. Miller Howard Investments Inc. NY now owns 8,911 shares of the auto parts company’s stock worth $676,000 after acquiring an additional 186 shares in the last quarter. Americana Partners LLC boosted its holdings in Allison Transmission by 3.9% in the second quarter. Americana Partners LLC now owns 5,069 shares of the auto parts company’s stock valued at $385,000 after purchasing an additional 191 shares during the last quarter. Finally, Raymond James Trust N.A. grew its stake in Allison Transmission by 4.1% during the 2nd quarter. Raymond James Trust N.A. now owns 5,072 shares of the auto parts company’s stock valued at $385,000 after purchasing an additional 200 shares in the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Allison Transmission

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $90.98, for a total value of $181,960.00. Following the sale, the senior vice president now directly owns 12,420 shares in the company, valued at approximately $1,129,971.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, VP Thomas Eifert sold 1,741 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $100.00, for a total transaction of $174,100.00. Following the completion of the transaction, the vice president now directly owns 9,601 shares in the company, valued at approximately $960,100. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $90.98, for a total value of $181,960.00. Following the completion of the sale, the senior vice president now owns 12,420 shares in the company, valued at approximately $1,129,971.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,741 shares of company stock worth $546,060. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ALSN shares. Citigroup upped their target price on Allison Transmission from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. StockNews.com raised shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. raised their price objective 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. Robert W. Baird boosted their target price on shares of Allison Transmission from $87.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, July 26th. Finally, The Goldman Sachs Group increased their price target on shares of Allison Transmission from $63.00 to $72.00 and gave the stock a “sell” rating in a research report on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $86.86.

Allison Transmission Stock Down 0.9 %

ALSN stock opened at $98.49 on Monday. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 13.15, a PEG ratio of 1.78 and a beta of 0.99. Allison Transmission Holdings, Inc. has a 1-year low of $50.13 and a 1-year high of $101.40. The firm has a fifty day moving average price of $93.24 and a two-hundred day moving average price of $83.50. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.78 and a quick ratio of 2.19.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Thursday, July 25th. The auto parts company reported $2.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.09. Allison Transmission had a net margin of 21.95% and a return on equity of 52.18%. The business had revenue of $816.00 million during the quarter, compared to the consensus estimate of $799.44 million. During the same quarter in the prior year, the firm earned $1.92 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. Research analysts predict that Allison Transmission Holdings, Inc. will post 7.85 EPS for the current year.

Allison Transmission Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 19th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.02%. The ex-dividend date was Monday, August 19th. Allison Transmission’s dividend payout ratio (DPR) is presently 13.35%.

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.