Allison Transmission Holdings, Inc. (NYSE:ALSN) Shares Purchased by DGS Capital Management LLC

DGS Capital Management LLC boosted its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 2.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,424 shares of the auto parts company’s stock after purchasing an additional 84 shares during the quarter. DGS Capital Management LLC’s holdings in Allison Transmission were worth $370,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. World Investment Advisors LLC acquired a new position in shares of Allison Transmission during the 3rd quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Allison Transmission during the fourth quarter worth about $31,000. Quarry LP boosted its position in shares of Allison Transmission by 46.7% in the third quarter. Quarry LP now owns 358 shares of the auto parts company’s stock worth $34,000 after buying an additional 114 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Allison Transmission in the third quarter valued at about $67,000. Finally, Venturi Wealth Management LLC raised its holdings in shares of Allison Transmission by 27.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 744 shares of the auto parts company’s stock valued at $71,000 after buying an additional 162 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ALSN has been the subject of a number of analyst reports. Citigroup decreased their price target on Allison Transmission from $130.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. Oppenheimer raised their price target on shares of Allison Transmission from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. The Goldman Sachs Group boosted their price objective on shares of Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a report on Thursday, December 12th. Robert W. Baird raised their target price on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. boosted their price target on Allison Transmission from $80.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, October 11th. Two analysts have 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $101.38.

Insider Transactions at Allison Transmission

In other Allison Transmission news, CEO David S. Graziosi sold 1,723 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $120.26, for a total value of $207,207.98. Following the sale, the chief executive officer now directly owns 168,833 shares of the company’s stock, valued at $20,303,856.58. This trade represents a 1.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP John Coll sold 2,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $108.40, for a total transaction of $216,800.00. Following the transaction, the senior vice president now directly owns 6,420 shares of the company’s stock, valued at approximately $695,928. This trade represents a 23.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,639 shares of company stock worth $2,683,537. 1.10% of the stock is currently owned by insiders.

Allison Transmission Stock Down 0.7 %

NYSE:ALSN opened at $119.54 on Friday. The stock has a 50-day simple moving average of $114.19 and a 200 day simple moving average of $100.72. Allison Transmission Holdings, Inc. has a one year low of $58.77 and a one year high of $122.53. The company has a market capitalization of $10.35 billion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 1.90 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 (NYSE:ALSN) last issued its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 EPS for the quarter, topping the consensus estimate of $2.01 by $0.26. The company had revenue of $824.00 million during the quarter, compared to analyst estimates of $790.08 million. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. The business’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.76 EPS. Sell-side analysts predict that Allison Transmission Holdings, Inc. will post 8.28 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.84%. Allison Transmission’s dividend payout ratio (DPR) is 12.18%.

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.