Quantinno Capital Management LP Purchases 75,604 Shares of Allison Transmission Holdings, Inc. $ALSN

Quantinno Capital Management LP grew its holdings in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 9.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 867,787 shares of the auto parts company’s stock after acquiring an additional 75,604 shares during the period. Quantinno Capital Management LP’s holdings in Allison Transmission were worth $101,583,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ALSN. Caprock Group LLC grew its stake in Allison Transmission by 191.5% during the fourth quarter. Caprock Group LLC now owns 26,051 shares of the auto parts company’s stock worth $2,550,000 after purchasing an additional 17,114 shares during the period. Natixis Advisors LLC increased its holdings in Allison Transmission by 5.3% in the fourth quarter. Natixis Advisors LLC now owns 285,022 shares of the auto parts company’s stock worth $27,903,000 after purchasing an additional 14,445 shares in the last quarter. UBS Group AG lifted its stake in Allison Transmission by 30.4% in the fourth quarter. UBS Group AG now owns 1,252,197 shares of the auto parts company’s stock valued at $122,590,000 after buying an additional 291,649 shares during the period. SG Americas Securities LLC lifted its stake in Allison Transmission by 109.9% in the fourth quarter. SG Americas Securities LLC now owns 17,014 shares of the auto parts company’s stock valued at $1,666,000 after buying an additional 8,910 shares during the period. Finally, Systematic Financial Management LP boosted its holdings in shares of Allison Transmission by 52.2% during the 4th quarter. Systematic Financial Management LP now owns 29,585 shares of the auto parts company’s stock worth $2,896,000 after buying an additional 10,145 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Allison Transmission

In related news, CFO Scott A. Mell sold 2,270 shares of Allison Transmission stock in a transaction on Friday, May 8th. The shares were sold at an average price of $125.00, for a total value of $283,750.00. Following the completion of the sale, the chief financial officer owned 1,053 shares of the company’s stock, valued at approximately $131,625. This trade represents a 68.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ALSN. Morgan Stanley raised their price objective on shares of Allison Transmission from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, July 17th. Wells Fargo & Company boosted their target price on shares of Allison Transmission from $127.00 to $137.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. raised their price target on shares of Allison Transmission from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Finally, Citigroup decreased their price target on shares of Allison Transmission from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $131.17.

Allison Transmission Stock Down 0.3%

Shares of NYSE:ALSN opened at $121.92 on Tuesday. The business’s 50 day simple moving average is $115.94 and its two-hundred day simple moving average is $117.48. The firm has a market cap of $10.11 billion, a P/E ratio of 18.96, a PEG ratio of 0.68 and a beta of 0.95. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.18 and a current ratio of 1.85. Allison Transmission Holdings, Inc. has a 52-week low of $76.01 and a 52-week high of $137.62.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Monday, May 4th. The auto parts company reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.47. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Allison Transmission had a return on equity of 37.50% and a net margin of 14.88%.The company’s revenue for the quarter was up 83.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.23 earnings per share. As a group, research analysts forecast that Allison Transmission Holdings, Inc. will post 9.65 EPS for the current fiscal year.

Allison Transmission Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a $0.29 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.16 annualized dividend and a yield of 1.0%. Allison Transmission’s dividend payout ratio (DPR) is presently 18.04%.

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.