Measured Wealth Private Client Group LLC Has $759,000 Stake in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Measured Wealth Private Client Group LLC reduced its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,024 shares of the auto parts company’s stock after selling 337 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Allison Transmission were worth $759,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Smith Group Asset Management LLC acquired a new position in Allison Transmission during the 4th quarter worth approximately $2,161,000. Glenmede Trust Co. NA boosted its holdings in Allison Transmission by 4.6% during the third quarter. Glenmede Trust Co. NA now owns 97,150 shares of the auto parts company’s stock worth $9,333,000 after purchasing an additional 4,261 shares during the last quarter. Franklin Resources Inc. grew its position in Allison Transmission by 46.8% in the third quarter. Franklin Resources Inc. now owns 250,050 shares of the auto parts company’s stock valued at $24,955,000 after purchasing an additional 79,745 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in Allison Transmission in the 3rd quarter valued at $947,000. Finally, Geode Capital Management LLC lifted its position in Allison Transmission by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,961,834 shares of the auto parts company’s stock worth $188,511,000 after buying an additional 79,506 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Allison Transmission

In other Allison Transmission news, CEO David S. Graziosi sold 5,326 shares of the 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 completion of the sale, the chief executive officer now owns 168,833 shares of the company’s stock, valued at approximately $20,280,219.96. This represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP John Coll sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $117.73, for a total transaction of $235,460.00. Following the transaction, the senior vice president now owns 8,420 shares of the company’s stock, valued at approximately $991,286.60. The trade was a 19.19 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,639 shares of company stock worth $2,683,537. 1.10% of the stock is currently owned by company insiders.

Allison Transmission Stock Up 1.0 %

Shares of NYSE ALSN opened at $115.52 on Friday. The company has a 50 day simple moving average of $113.83 and a 200 day simple moving average of $102.69. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.83 and a quick ratio of 2.25. Allison Transmission Holdings, Inc. has a 1 year low of $61.04 and a 1 year high of $122.53. The firm has a market cap of $10.01 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00.

Wall Street Analyst Weigh In

ALSN has been the subject of several analyst reports. The Goldman Sachs Group raised their price objective on Allison Transmission from $82.00 to $94.00 and gave the company a “sell” rating in a report on Thursday, December 12th. Bank of America boosted their price target on Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 30th. Robert W. Baird increased their price objective on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. raised their target price on shares of Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday, October 11th. Finally, Citigroup dropped their price target on shares of Allison Transmission from $130.00 to $120.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $101.38.

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.