Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll Sells 2,000 Shares

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $108.40, for a total value 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. The trade was a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

John Coll also recently made the following trade(s):

• On Friday, November 15th, John Coll sold 2,000 shares of Allison Transmission stock. The stock was sold at an average price of $117.73, for a total value of $235,460.00.

Allison Transmission Trading Up 1.7 %

ALSN opened at $109.48 on Monday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.25 and a current ratio of 2.83. The stock’s 50 day moving average price is $113.27 and its 200-day moving average price is $96.48. Allison Transmission Holdings, Inc. has a one year low of $55.47 and a one year high of $122.53. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of 13.33, a P/E/G ratio of 2.03 and a beta of 1.00.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Tuesday, October 29th. The auto parts company reported $2.27 EPS for the quarter, beating the consensus estimate of $2.01 by $0.26. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. The company had revenue of $824.00 million for the quarter, compared to the consensus estimate of $790.08 million. During the same quarter in the prior year, the company posted $1.76 EPS. Allison Transmission’s quarterly revenue was up 12.0% on a year-over-year basis. On average, equities analysts forecast that Allison Transmission Holdings, Inc. will post 8.21 EPS for the current year.

Allison Transmission Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Monday, November 18th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.91%. Allison Transmission’s payout ratio is 12.18%.

Institutional Investors Weigh In On Allison Transmission

Several large investors have recently added to or reduced their stakes in ALSN. World Investment Advisors LLC purchased a new position in shares of Allison Transmission during the third quarter worth approximately $29,000. Quarry LP grew its stake in 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 purchasing an additional 114 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Allison Transmission during the 3rd quarter worth $67,000. Venturi Wealth Management LLC raised its position in 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 purchasing an additional 162 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Allison Transmission in the 3rd quarter worth $82,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ALSN. JPMorgan Chase & Co. boosted their price target on shares of Allison Transmission from $80.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, October 11th. Citigroup upped their target price on shares of Allison Transmission from $125.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. The Goldman Sachs Group lifted their price target on Allison Transmission from $82.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 12th. Morgan Stanley upped their price objective on Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 26th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Allison Transmission currently has a consensus rating of “Hold” and a consensus target price of $102.63.

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.