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

Allison Transmission Holdings, Inc. (NYSE:ALSN) SVP John Coll sold 2,000 shares of Allison Transmission stock in a transaction on Friday, November 15th. The shares were sold at an average price of $117.73, for a total transaction of $235,460.00. Following the completion of the sale, the senior vice president now directly owns 8,420 shares in the company, valued at $991,286.60. This represents a 19.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Thursday, August 29th, John Coll sold 2,000 shares of Allison Transmission stock. The shares were sold at an average price of $90.98, for a total transaction of $181,960.00.

Allison Transmission Stock Down 1.2 %

Shares of ALSN traded down $1.43 during mid-day trading on Tuesday, reaching $115.98. The company’s stock had a trading volume of 420,519 shares, compared to its average volume of 617,443. The stock has a market cap of $10.05 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.83 and a quick ratio of 2.25. Allison Transmission Holdings, Inc. has a 12-month low of $53.00 and a 12-month high of $121.36. The company’s 50 day moving average is $100.78 and its 200 day moving average is $87.37.

Allison Transmission (NYSE:ALSN) last released its quarterly 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 for 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 firm’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.76 earnings per share. Equities analysts anticipate that Allison Transmission Holdings, Inc. will post 8.21 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.86%. Allison Transmission’s payout ratio is 12.18%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc grew its holdings in Allison Transmission by 1,200.0% in the second quarter. Versant Capital Management Inc now owns 364 shares of the auto parts company’s stock valued at $28,000 after purchasing an additional 336 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Allison Transmission during the 2nd quarter valued at $33,000. Quarry LP increased its stake in Allison Transmission by 46.7% during the third quarter. Quarry LP now owns 358 shares of the auto parts company’s stock worth $34,000 after acquiring an additional 114 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Allison Transmission by 139.8% in the 2nd quarter. Fifth Third Bancorp now owns 868 shares of the auto parts company’s stock worth $66,000 after purchasing an additional 506 shares during the period. Finally, Quent Capital LLC lifted its stake in shares of Allison Transmission by 24.0% in the 2nd quarter. Quent Capital LLC now owns 889 shares of the auto parts company’s stock valued at $68,000 after purchasing an additional 172 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on ALSN shares. Oppenheimer upped their price target on shares of Allison Transmission from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Robert W. Baird boosted their price target on Allison Transmission from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. raised their price objective on Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a report on Friday, October 11th. StockNews.com raised shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Finally, Bank of America raised their price target on shares of Allison Transmission from $67.00 to $77.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Allison Transmission has a consensus rating of “Hold” and an average price target of $92.25.

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.