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

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $108.40, for a total transaction of $216,800.00. Following the completion of the sale, the senior vice president now directly owns 6,420 shares of the company’s stock, valued at $695,928. This represents a 23.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

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

Allison Transmission Price Performance

Shares of Allison Transmission stock opened at $109.48 on Friday. Allison Transmission Holdings, Inc. has a twelve month low of $55.47 and a twelve month high of $122.53. 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 firm has a market cap of $9.48 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. The firm’s 50-day simple moving average is $113.27 and its 200-day simple moving average is $96.34.

Allison Transmission (NYSE:ALSN) last issued its earnings results on Tuesday, October 29th. The auto parts company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. The business had revenue of $824.00 million during the quarter, compared to analysts’ expectations of $790.08 million. Allison Transmission had a return on equity of 51.13% and a net margin of 22.66%. Allison Transmission’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.76 EPS. As a group, research analysts expect that Allison Transmission Holdings, Inc. will post 8.21 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th were given a $0.25 dividend. The ex-dividend date was Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.91%. Allison Transmission’s dividend payout ratio (DPR) is presently 12.18%.

Institutional Trading of Allison Transmission

Several hedge funds have recently modified their holdings of ALSN. Commonwealth Equity Services LLC raised its position in Allison Transmission by 4.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 20,679 shares of the auto parts company’s stock valued at $1,570,000 after purchasing an additional 813 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of Allison Transmission by 69.3% in the second quarter. Natixis Advisors LLC now owns 127,724 shares of the auto parts company’s stock valued at $9,694,000 after buying an additional 52,281 shares during the last quarter. Foster & Motley Inc. lifted its position in Allison Transmission by 0.7% during the 2nd quarter. Foster & Motley Inc. now owns 69,115 shares of the auto parts company’s stock worth $5,246,000 after buying an additional 450 shares in the last quarter. National Bank of Canada FI grew its holdings in Allison Transmission by 1.2% during the 2nd quarter. National Bank of Canada FI now owns 24,607 shares of the auto parts company’s stock worth $1,840,000 after acquiring an additional 281 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in Allison Transmission by 27.0% in the 2nd quarter. Victory Capital Management Inc. now owns 131,280 shares of the auto parts company’s stock valued at $9,964,000 after acquiring an additional 27,916 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on ALSN. Citigroup boosted their price target on Allison Transmission from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Robert W. Baird upped their target price on Allison Transmission from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. StockNews.com raised shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 26th. Bank of America upped their price objective on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group lifted their target price 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. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $102.63.

About Allison Transmission

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.