Robeco Institutional Asset Management B.V. Sells 27,521 Shares of Allison Transmission Holdings, Inc. (NYSE:ALSN)

Robeco Institutional Asset Management B.V. cut its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 6.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 402,998 shares of the auto parts company’s stock after selling 27,521 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Allison Transmission were worth $38,716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thompson Siegel & Walmsley LLC increased its stake in shares of Allison Transmission by 257.8% during the second quarter. Thompson Siegel & Walmsley LLC now owns 319,428 shares of the auto parts company’s stock valued at $24,245,000 after purchasing an additional 230,152 shares in the last quarter. Carlson Capital L P purchased a new position in Allison Transmission during the first quarter valued at $9,561,000. Sanctuary Advisors LLC bought a new stake in Allison Transmission in the second quarter worth $7,953,000. Burney Co. boosted its holdings in Allison Transmission by 34.7% in the first quarter. Burney Co. now owns 395,752 shares of the auto parts company’s stock worth $32,119,000 after acquiring an additional 101,920 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Allison Transmission by 84.3% in the first quarter. Sei Investments Co. now owns 190,399 shares of the auto parts company’s stock worth $15,454,000 after acquiring an additional 87,089 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Thomas Eifert sold 1,741 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $100.00, for a total transaction of $174,100.00. Following the completion of the sale, the vice president now owns 9,601 shares of the company’s stock, valued at $960,100. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, VP Thomas Eifert sold 1,741 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $100.00, for a total transaction of $174,100.00. Following the completion of the transaction, the vice president now directly owns 9,601 shares in the company, valued at approximately $960,100. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP John Coll sold 2,000 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $90.98, for a total transaction of $181,960.00. Following the completion of the sale, the senior vice president now directly owns 12,420 shares of the company’s stock, valued at $1,129,971.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,741 shares of company stock worth $546,060. Company insiders own 0.93% of the company’s stock.

Allison Transmission Stock Up 2.7 %

Allison Transmission stock opened at $109.64 on Wednesday. Allison Transmission Holdings, Inc. has a one year low of $51.42 and a one year high of $109.76. The stock has a fifty day moving average of $95.64 and a 200 day moving average of $84.76. 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 has a market cap of $9.50 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 1.91 and a beta of 0.98.

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, beating the consensus estimate of $2.01 by $0.26. The firm had revenue of $824.00 million during the quarter, compared to analyst estimates of $790.08 million. Allison Transmission had a net margin of 22.66% and a return on equity of 51.13%. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.76 EPS. As a group, sell-side analysts predict that Allison Transmission Holdings, Inc. will post 8.18 EPS for the current year.

Analyst Ratings Changes

ALSN has been the topic of several recent analyst reports. Robert W. Baird increased their price objective on shares of Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Oppenheimer raised their price target on shares of Allison Transmission from $90.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. upped their price objective on Allison Transmission from $80.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, October 11th. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, The Goldman Sachs Group increased their price objective on Allison Transmission from $72.00 to $82.00 and gave the company a “sell” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $92.25.

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.