Villanova Investment Management Co LLC Buys 6,962 Shares of Allison Transmission Holdings, Inc. $ALSN

Villanova Investment Management Co LLC grew its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 36.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 25,983 shares of the auto parts company’s stock after acquiring an additional 6,962 shares during the period. Allison Transmission accounts for approximately 1.5% of Villanova Investment Management Co LLC’s investment portfolio, making the stock its 29th biggest holding. Villanova Investment Management Co LLC’s holdings in Allison Transmission were worth $2,205,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rossby Financial LCC grew its stake in Allison Transmission by 107.0% in the 3rd quarter. Rossby Financial LCC now owns 296 shares of the auto parts company’s stock valued at $25,000 after buying an additional 153 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in Allison Transmission by 3,108.3% during the second quarter. Cullen Frost Bankers Inc. now owns 385 shares of the auto parts company’s stock worth $37,000 after acquiring an additional 373 shares during the last quarter. Employees Retirement System of Texas bought a new stake in shares of Allison Transmission during the second quarter worth approximately $38,000. True Wealth Design LLC grew its position in shares of Allison Transmission by 93.2% in the third quarter. True Wealth Design LLC now owns 452 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 218 shares during the last quarter. Finally, First Horizon Corp bought a new position in shares of Allison Transmission during the third quarter worth approximately $40,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Ratings Changes

ALSN has been the subject of several research reports. JPMorgan Chase & Co. lifted their price target on Allison Transmission from $87.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Zacks Research upgraded Allison Transmission from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Raymond James Financial boosted their target price on shares of Allison Transmission from $110.00 to $115.00 and gave the company a “strong-buy” rating in a research report on Monday, December 22nd. Wells Fargo & Company raised their price target on shares of Allison Transmission from $85.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Finally, Morgan Stanley lifted their price objective on shares of Allison Transmission from $97.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Allison Transmission presently has a consensus rating of “Hold” and a consensus target price of $102.00.

Insider Buying and Selling at Allison Transmission

In related news, SVP John Coll sold 1,791 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $98.79, for a total value of $176,932.89. Following the sale, the senior vice president directly owned 10,021 shares of the company’s stock, valued at $989,974.59. This trade represents a 15.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.20% of the stock is currently owned by corporate insiders.

Allison Transmission Stock Up 1.0%

Shares of ALSN opened at $119.00 on Monday. The firm has a 50 day simple moving average of $107.54 and a two-hundred day simple moving average of $93.77. The company has a debt-to-equity ratio of 1.30, a current ratio of 3.82 and a quick ratio of 3.06. Allison Transmission Holdings, Inc. has a one year low of $76.01 and a one year high of $119.48. The company has a market cap of $9.90 billion, a P/E ratio of 14.58, a P/E/G ratio of 1.24 and a beta of 0.97.

About Allison Transmission

Allison Transmission Holdings Inc is a global designer, manufacturer and seller of fully automatic transmissions and hybrid propulsion systems for commercial duty vehicles and off-highway equipment. The company’s products are engineered to improve fuel efficiency, reduce emissions and enhance performance across a broad range of industries. Allison’s core transmission portfolio serves applications such as on-highway trucks and buses, medium- and heavy-duty commercial vehicles, and military ground vehicles.

In addition to conventional automatic transmissions, Allison offers advanced hybrid systems that integrate electric motors with mechanical transmission components.