Allison Transmission Holdings, Inc. (NYSE:ALSN) Stock Holdings Lessened by Everett Harris & Co. CA

Everett Harris & Co. CA reduced its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 1.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 78,310 shares of the auto parts company’s stock after selling 1,085 shares during the quarter. Everett Harris & Co. CA owned approximately 0.09% of Allison Transmission worth $6,356,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. SRS Capital Advisors Inc. lifted its position in Allison Transmission by 256.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 592 shares of the auto parts company’s stock valued at $34,000 after purchasing an additional 426 shares during the last quarter. Quent Capital LLC lifted its position in Allison Transmission by 42.3% in the 4th quarter. Quent Capital LLC now owns 706 shares of the auto parts company’s stock valued at $41,000 after purchasing an additional 210 shares during the last quarter. TFO Wealth Partners LLC lifted its position in Allison Transmission by 8,975.0% in the 4th quarter. TFO Wealth Partners LLC now owns 726 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 718 shares during the last quarter. Headlands Technologies LLC lifted its position in Allison Transmission by 237.4% in the 4th quarter. Headlands Technologies LLC now owns 1,110 shares of the auto parts company’s stock valued at $65,000 after purchasing an additional 781 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in Allison Transmission by 20.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,229 shares of the auto parts company’s stock valued at $71,000 after purchasing an additional 212 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Price Performance

Shares of ALSN traded up $0.95 during mid-day trading on Thursday, hitting $75.95. The company’s stock had a trading volume of 203,891 shares, compared to its average volume of 535,362. The firm has a 50-day moving average price of $74.91 and a 200 day moving average price of $71.14. The stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 10.14, a PEG ratio of 1.38 and a beta of 1.00. The company has a debt-to-equity ratio of 1.79, a current ratio of 2.51 and a quick ratio of 1.95. Allison Transmission Holdings, Inc. has a fifty-two week low of $50.13 and a fifty-two week high of $83.42.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Thursday, April 25th. The auto parts company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.01. The company had revenue of $789.00 million for the quarter, compared to analysts’ expectations of $772.37 million. Allison Transmission had a net margin of 21.80% and a return on equity of 55.83%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.85 EPS. On average, research analysts predict that Allison Transmission Holdings, Inc. will post 7.65 EPS for the current fiscal year.

Allison Transmission Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Monday, May 20th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.32%. The ex-dividend date was Friday, May 17th. Allison Transmission’s dividend payout ratio (DPR) is currently 13.35%.

Analyst Ratings Changes

Several research firms have commented on ALSN. Raymond James began coverage on shares of Allison Transmission in a research note on Friday, June 28th. They set an “outperform” rating and a $85.00 target price on the stock. JPMorgan Chase & Co. raised their target price on shares of Allison Transmission from $70.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Citigroup began coverage on shares of Allison Transmission in a research note on Wednesday, June 26th. They set a “neutral” rating and a $80.00 target price on the stock. StockNews.com raised shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 7th. Finally, The Goldman Sachs Group raised their target price on shares of Allison Transmission from $55.00 to $63.00 and gave the company a “sell” rating in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $75.25.

Insider Transactions at Allison Transmission

In other news, SVP John Coll sold 2,000 shares of Allison Transmission stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of $75.06, for a total value of $150,120.00. Following the transaction, the senior vice president now directly owns 14,420 shares of the company’s stock, valued at $1,082,365.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of $75.06, for a total transaction of $150,120.00. Following the completion of the sale, the senior vice president now directly owns 14,420 shares in the company, valued at $1,082,365.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Rafael Basso sold 12,624 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $74.48, for a total transaction of $940,235.52. Following the sale, the vice president now owns 4,624 shares of the company’s stock, valued at $344,395.52. The disclosure for this sale can be found here. 0.93% of the stock is currently owned by insiders.

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.