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 business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $117.73, for a total value of $235,460.00. Following the sale, the senior vice president now directly owns 8,420 shares in the company, valued at approximately $991,286.60. The trade was a 19.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

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

Allison Transmission Price Performance

ALSN opened at $118.11 on Friday. The stock has a fifty day moving average of $101.95 and a 200-day moving average of $87.86. The firm has a market capitalization of $10.23 billion, a P/E ratio of 14.39, a PEG ratio of 2.06 and a beta of 0.98. Allison Transmission Holdings, Inc. has a 12-month low of $53.00 and a 12-month high of $121.36. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 1.48.

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

Allison Transmission Dividend Announcement

The firm also recently announced 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. This represents a $1.00 annualized dividend and a yield of 0.85%. The ex-dividend date is Monday, November 18th. Allison Transmission’s payout ratio is 12.18%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. The Goldman Sachs Group boosted their target price on Allison Transmission from $72.00 to $82.00 and gave the stock a “sell” rating in a report on Friday, November 1st. Citigroup boosted their target price on Allison Transmission from $115.00 to $125.00 and gave the stock a “neutral” rating in a report on Wednesday. StockNews.com upgraded Allison Transmission from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Robert W. Baird increased their price objective on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. increased 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. Two research 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, the stock presently has a consensus rating of “Hold” and an average price target of $94.25.

Hedge Funds Weigh In On Allison Transmission

Several hedge funds have recently bought and sold shares of the business. Tri Ri Asset Management Corp acquired a new position in Allison Transmission during the third quarter worth $5,932,000. TD Private Client Wealth LLC increased its position in Allison Transmission by 26.5% during the third quarter. TD Private Client Wealth LLC now owns 3,380 shares of the auto parts company’s stock worth $325,000 after buying an additional 708 shares during the last quarter. Geode Capital Management LLC increased its position in Allison Transmission by 4.2% during the third quarter. Geode Capital Management LLC now owns 1,961,834 shares of the auto parts company’s stock worth $188,511,000 after buying an additional 79,506 shares during the last quarter. Vestcor Inc increased its position in Allison Transmission by 5.5% during the third quarter. Vestcor Inc now owns 8,750 shares of the auto parts company’s stock worth $841,000 after buying an additional 459 shares during the last quarter. Finally, Barclays PLC grew its position in shares of Allison Transmission by 23.4% in the third quarter. Barclays PLC now owns 61,449 shares of the auto parts company’s stock valued at $5,902,000 after purchasing an additional 11,666 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

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.