Kera Capital Partners Inc. Boosts Stock Position in Allison Transmission Holdings, Inc. $ALSN

Kera Capital Partners Inc. raised its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 139.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,369 shares of the auto parts company’s stock after purchasing an additional 4,870 shares during the quarter. Kera Capital Partners Inc.’s holdings in Allison Transmission were worth $910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Rossby Financial LCC grew its position in Allison Transmission by 107.0% during the third quarter. Rossby Financial LCC now owns 296 shares of the auto parts company’s stock valued at $25,000 after buying an additional 153 shares during the period. Larson Financial Group LLC increased its holdings in Allison Transmission by 536.7% during the fourth quarter. Larson Financial Group LLC now owns 312 shares of the auto parts company’s stock worth $31,000 after buying an additional 263 shares during the last quarter. Transamerica Financial Advisors LLC raised its position in Allison Transmission by 2,112.5% in the fourth quarter. Transamerica Financial Advisors LLC now owns 354 shares of the auto parts company’s stock worth $35,000 after acquiring an additional 338 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Allison Transmission in the fourth quarter worth about $51,000. Finally, Platinum Investment Management Ltd. purchased a new position in Allison Transmission in the fourth quarter valued at about $62,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Scott A. Mell sold 2,270 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.00, for a total value of $283,750.00. Following the completion of the transaction, the chief financial officer directly owned 1,053 shares of the company’s stock, valued at $131,625. This trade represents a 68.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Allison Transmission Price Performance

ALSN opened at $119.15 on Friday. The company has a market capitalization of $9.88 billion, a price-to-earnings ratio of 18.53, a PEG ratio of 0.64 and a beta of 0.94. The company has a quick ratio of 1.18, a current ratio of 1.85 and a debt-to-equity ratio of 2.23. The firm has a 50-day moving average price of $121.48 and a 200-day moving average price of $113.76. Allison Transmission Holdings, Inc. has a twelve month low of $76.01 and a twelve month high of $137.62.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings results on Monday, May 4th. The auto parts company reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.47. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. Allison Transmission had a net margin of 14.88% and a return on equity of 37.50%. The company’s quarterly revenue was up 83.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.23 earnings per share. Equities analysts expect that Allison Transmission Holdings, Inc. will post 9.96 EPS for the current year.

Allison Transmission Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were given a dividend of $0.29 per share. The ex-dividend date was Monday, May 18th. This represents a $1.16 annualized dividend and a dividend yield of 1.0%. Allison Transmission’s dividend payout ratio is currently 18.04%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ALSN shares. Weiss Ratings raised shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Citigroup lifted their price target on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Wells Fargo & Company upped their price objective on Allison Transmission from $127.00 to $137.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Morgan Stanley increased their price objective on Allison Transmission from $117.00 to $126.00 and gave the company an “equal weight” rating in a report on Wednesday, May 13th. Finally, Oppenheimer raised their target price on Allison Transmission from $115.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Allison Transmission presently has an average rating of “Moderate Buy” and a consensus price target of $127.17.

Allison Transmission Company Profile

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.